Science of Alpha from Safety
Published in Moneycontrol Despite a series of rating downgrades, a deadly border clash with China and an alarming surge in COVID-19 cases, the market remained resilient in June rising, 7.66 percent on a month-on-month basis. … Asit C Mehta Ace Mulitcap took the third spot, with a month-on-month return of 16.4 percent … Read on…
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Published in ET Magazine Apple, Google, Amazon, Facebook. What can Indian retail investors who want a piece of the action in the hottest technology companies in the world do? Read on @ ET Magazine
Published in Dalal Street Investment Journal Several Indian sectors could benefit from the “Make in India” initiative and in the post-pandemic scenario, India’s Atmanirbhar Bharat initiative and the international initiative to restructure global supply chains will help reduce dependency on China. Read more @ Dalal Street Investment Journa Vol. 35, Issue No. 16
Published in Mint Margin or leveraged trading comes with huge inherent risks as it involves taking on debt, which can magnify investors’ profits as well as losses For the majority of retail investors, margin trading could be a short route to lose money because of the risks Recently, a 20-year-old student in the US committed…
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Published in Mint on 25 Jun 2020 The overestimation was at its worst in FY16 and FY17, resulting in a negative divergence of 24% and 25%, respectively. Two years, FY11 and FY19, also saw underestimation resulting in a positive divergence of 14% and 4%. Analysts in the country overestimated corporate earnings in eight out of…
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(Published in MoneyControl) You need to build a US dollar-based kitty. Such investments would help you build a substantial corpus in the long-term Apple, Facebook and Microsoft, Amazon, Alibaba, Pfizer and Merck: these world-class companies have weathered the COVID-19 storm and their shares have soared. No wonder then that the rally in these stocks has…
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With $1.37 billion of cash, Skechers can survive for around 8 months to more than a year with zero revenues. Even on a conservative, no-growth basis, Skechers is probably undervalued by more than 25%. Inclusive of growth, the expected total return yield from Skechers could be in the range of 15%-20%. Post-coronavirus world being substantially…
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GPS management has shown clarity to survive through various possible scenarios of COVID-19 crisis. GPS management has the levers on cash expense management to navigate various scenarios. GPS likely will continue having significant cash flows from online sales, including BOPIS using curbside delivery. GPS is available at significant discounts to its intrinsic value under certain…
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(Published in MoneyControl) If you are a first-time investor, stick to mutual fund SIPs We’ve known and have read plenty on mutual fund systematic investment plans (SIPs). Now, you can also start SIPs by directly buying equity shares. The present market volatility is an opportunity for savvy investors to make some long-term gains. Some brokerages…
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(Published in Economic Times) A tech-led disruption refers to a seismic shift which upturns established industries and overthrows existing market leaders. It is the outcome of an innovation that transforms a product, service or biz model, often creating an entirely new market. A new crop of global funds are being launched latching on to the…
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