I am totally intrigued and fascinated by the slow churn, long term trend following system on INDEX. The reason of this fascination is the FACTOR of transaction cost and Stress cost. Returns also need to be calculated on basis of…
Let us continue our discussion on Momentum strategy. We started by introducing MWM (Mystic Wealth Momentum). A 20 stock portfolio selected on the basis of price and earnings momentum with a trend following overlay. You can know more about…
In honor of Mr John Bogle, on his demise, let me share a wonderful passive trading system. 01 decision per Quarter, a rotational system between Nifty, Nifty junior and Gold bees. Rotation is done on the basis of Momentum score.…
A quick cheat sheet based on Charlie Munger and Nasim Taleb's learning. (My understanding). Rahul dravid and Not Sachin tendulkar. Chai wala and Not dynasty Charlie Munger and Not Warren buffett Practitioner and not academician CAR/DD and not total…
Recently I received a wonderful peice of advise from an old hand in the market. This guy while not a man of money (actually this is a relative statement, we live in such a pesudo external scorecard world that a…
To say we have had an interesting month would be an understatement. Stocks fell like nine pins, and they fell irrespective of TAGS attached to em, blue chip, value company, growth stock, dividend yield blah blah and they fell irrespective…
Buy low and sell high works wen u buy the right company, otherwise more often than not a company trades low for a VALID reason. Similarly Buy high sell higher works when you sell the wrong company,…
SITG Review Review By Manish Dhawan There was a lot of talk about this book on social media before I started reading it. Incidentally Taleb did not promote it in a conventional way and yet the kind of buzz it…
Rationality debate Over the years, my understanding on this subject has gone deeper and deeper. The reason I keep studying and delving on this topic is 02 folds. First of all, rationality and its derivatives are directly linked to my…
Mutual Fund advisers are F*&^i%g Leeches. on a SIP of ₹5000 / month over 25 years assuming a 15% CAGR return, your friendly harmless adviser will pocket a whooping sum of Rs 28,00,000 (28 lakhs) Barring a few (who time the…