“We cannot truly plan, because we do not understand the future- but this is not necessarily a bad news. We could plan while bearing in mind such limitations. It just take guts.”- Taleb: Propounder of The Black Swan theory.Pessimism that set in March, still persists in our minds.…
"Without continual growth and progress, such words as improvement, achievement, and success have no meaning" – Benjamin FranklinYesterday the Finance Minister doled out her fifth and the last tranche of the 20Lakh crore economic package to lead the economy out of the current corona crisis and fire its…
"Remember not only to say the right thing in the right place, but far more difficult still, to leave unsaid the wrong thing at the tempting moment" - Benjamin FranklinAll of us have just finished hearing out our prime minister’s address to the nation. If I have to…
The rich invest in time, the poor invest in money. – Warren BuffetStock markets enjoyed large swings on either side in March-April. Markets came tumbling down heavily by around 40% from their peaks in March and then rising again by around 30% from their recent lows. These numbers…
Markets Tumbling, Recovering – What to do??"The best time to plant a tree was 20 years ago. The second best time is now." - Chinese proverb.In times like present most people flock towards safety. Most do it because they don’t know how long this doomsday atmosphere will last, some…
In May 2017, at InvestmentMitra we advised caution on lumpsum investments into equity. In our communication Is Stock Market History Repeating we had found similarity in pattern that developed during August 2007 & January 2008. It repeated, with markets giving good returns against high valuation and then falling…
Spread of this Pandemic - Data on worldometers’ website shows that so far 89,081 cases have been reported as infected from coronavirus with 3,057 confirmed deaths and another 7,375 in serious condition. Coronavirus cases have been reported in 64 countries including India. China, South Korea, Italy, Iran, Japan,…
In our communication of 16th February, we had cautioned against the spread of coronavirus and its probable impact on stock markets. With this epidemic now converging into pandemic and spreading across continents, this fear seems coming true. This epidemic has caused 5 or more deaths in South Korea…
"You only have to do a very few things right in your life so long as you don't do too many things wrong" - Warren BuffettIn our previous commentary we talked of some green shoots emerging in the economy. And as a precursor to revival of the economy,…
"The market does not trade upon what everybody knows, but upon what those with the best information can foresee" – William HamiltonBudget is an annual exercise by union government to present it’s sources and application of funds. Sources include taxes and non-tax revenue that accrues to the government…