All actively managed good funds go through temporary periods of underperformance. In most cases, this temporary underperformance phase is followed by a phase of outperformance which adequately overcompensates for the underperformance. This is how good equity funds end up outperforming over the long term. But that being said there are also weak funds that go through…
Pandemic and recovery hereon Over the past few decades, the world has seen recessions, wars, and natural calamities; yet, a pandemic of the magnitude that we are witnessing today perhaps only happens once a century. Yet, to say that this event was a Black Swan, an “unknown unknown”, something we didn’t know that we don’t…
IBC, Financial Sector and Current Developments Even as we have stayed positive on Indian markets over the past few months, we have repeatedly highlighted stress in the financial sector as the key risk for markets as well as the real economy. And on that front, recent developments provide some glimmer of hope. First, the Supreme…