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Prashanth Krish | Portfolio Yoga - Part 19

Author: Prashanth Krish

1

Wealth Generation and Portfolio Concentration

One of the key differences touted by PMS fund managers are the fact that they are long term oriented and willing to take higher risks by having a concentrated portfolio.Historically there have been examples of great fund managers coming off with huge returns when they bet and won big. But history is written by the victors and we never know...

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Looking back at the Decade that went by

Days pass into weeks, weeks into months, months into years, years into decades and decades into centuries. It’s amazing how time flies.  2009 was a great year for the markets if you did not remember 2008. Nifty 50 went up by 75%, the best yearly change since its inception and yet it was still 18% below the highs of 2008....

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Impact of Performance Fees on Performance

Assume you have 25 Lakhs you wish to invest in the stock markets but are confused on where to invest and when not to talk about the fact that you don’t have the time to monitor. Rather than risk your capital vanishing due to bad calls, you call me, a portfolio manager to handle your funds and invest right. I...

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Liquidity is not Constant

When LTCM got into trouble, the only way out was to offload some of its positions and hope that they can reduce their leverage. Thanks to the fact that for many of the bonds, they had become the market and with negative news all around, volumes dried up. This meant that when they tried to sell a small quantity, they...

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The Value of a Back-Test and Momentum Investing

I recently saw the reality sitcom “Shark Tanks” {Season 10 is available on Amazon Prime}. As an entrepreneur, this is an amazing show highlighting the tough path of bringing an idea to reality. While I kind of dislike the behavior of the Sharks who act pretty cruel, this being television and if they are really investing real money, they have...

1

While SEBI Sleeps

When one door closes, another opens is a famous saying. We Indians are famous for “jugaad” which loosely translates to finding a simple work-around or a solution that bends the rules.  SEBI has been tightening rules on who can manage money which has meant that enterprising entrepreneurs with not enough capital but interested in managing others funds have to find...