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Uncategorized | Portfolio Yoga - Part 5

Category: Uncategorized

Are US Markets Over-valued 2

Are US Markets Over-valued

One of the constant thesis I hear about US Markets is that they are way over-valued (and hence should fall anytime soon). This mantra is accompanied by a chart of the long term cyclically adjusted price earnings chart (CAPE), with data from Robert Shiller. But I wonder, is the long term average really meaningful. The data starts from 1881 (1st...

Hypothetical performance and real world problems 2

Hypothetical performance and real world problems

Recently, a US based fund – F-Squared Investments was in the news for “falsely advertised a successful seven-year track record for the investment strategy based on the actual performance of real investments for real clients”. Even the hypothetical results they provided via a back-test of the investment strategy was bumped up due to a error in the way it was...

The 3 Percent factor 3

The 3 Percent factor

So, with markets going downhill by approximately 3%, there is a lot of noise associated with this incident in the financial world. Since Sensex has crumbled by 850+ points, that should be the big heading for most pink papers tomorrow. But this is not even its biggest or even 2nd biggest fall (even when measured in point terms which is...

Spicy Links for 05.01.2015 0

Spicy Links for 05.01.2015

Byron Trott: The billionaires’ banker (Fortune) What went wrong for SpiceJet at a time when it was headed to recovery & will it survive? (ET) India’s new paradigm in financing infrastructure and attracting investments (Urbanomics) Case Study – Surprising Results of combining HDFC Top 200 & Recurring Deposit (StableInvestor) Video’s Lessons Learned from Ivar Kreuger – David Marcus of Evermore...

Friday Links – 02.01.2015 0

Friday Links – 02.01.2015

Bull runs, bear markets and the year ahead (LiveMint) Fiscal Deficit Jumps Higher, Not Enough “Make in India” (CapitalMind) Book review: History of modern India (MostlyEconomics) Mixed Media / Timepass 86 Viral Images From 2014 That Were Totally Fake (Gizmodo) Why digital diaries aren’t about to douse photographic calendars (LiveMint)

First Day First Show, Links for 1st Jan 2015 0

First Day First Show, Links for 1st Jan 2015

75+ Quotes by the Dhandho Investor, Mohnish Pabrai (StableInvestor) Should I have separate portfolios for separate goals? (ValueResearch) The Last Chart of 2014 (CapitalMind) Mohnish Pabrai in conversation (ET) Review of the markets in 2014 (Self) International Links In 2014 I Learned That (TRB) Reviewing the Year in Markets (WSJ)