Our investment process emphasizes focus on “Secular and Structural” growth opportunities vs “cyclical” ones. Secular and structural implies growth irrespective of economic conditions while cyclical implies opportunities that will be affected by trends.
Read MoreThis morning, while listening to the Brexit results, I chanced upon a conversation on a business channel. The same anchor who a few months ago said it was futile to forecast, was waxing eloquent about how Brexit could be worse than the Lehman crisis and how it could affect Indian equity markets for years.
Read MoreA prominent research house gave a bearish call on the market at the end of February. Despite the Index climbing over 16% in the past 2 months, the firm stuck to its guns.
Read MoreWe have found the enemy and he is us
The chart below shows the time the NIFTY has spent in its historical trading bands of between 10-29 trailing earnings.
Read MoreComplex products earn higher upfront commissions for Wealth Managers. Hence, there is frequent mis-selling of such complex financial products to investors.
Read MoreSolidarity is a multi-family investment office. We are often asked (by clients with high ability and willingness to take risk) why we recommend they should hold at least 10 -15% of their Investible Assets in Bonds/Liquid funds and not be fully invested in Equities; especially if clients don’t need the capital for at least 3 years.
Read MoreGlobal markets have started the year with perhaps the worst performance in over two decades. The sell-off has prompted commentary in the media “hinting of parallels with the 2008 like crisis”
Read MoreDifferent managers follow different styles and approaches. By implication, their portfolios carry different levels of risk. The common wisdom at present is to compare manager performance using the “Sharpe Ratio” which compares the return generated per unit of risk taken.
Read MoreMany venture founders are taking the “growth now and profits later” approach to building their business. I believe many of such ventures will fail as at some point the cash required from investors to fund such growth will not be available.
Read MoreAs the Chief Investment Officer of a Family Investment Office, I get the privilege to interact with many entrepreneurs seeking funding from our clients
I have met at least 40 teams over the last one year and our clients are lead investors in 5 very exciting companies.
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