And normally an investor chases funds with high past returns and then has a post-purchase dissonance with lower-than-expected returns in his folios.
For example, Quant small cap has a 3-year fund return of 64% CAGR while implied investor return is just 13.65% CAGR
(9/10)
🧵How do I select a Mutual Fund for my Clients?
👩💼Here are 4 pointers that I follow (2 Subjective & 2 Objective):
(1/10)
Please like & retweet for maximum reach
How to invest? Which style of investing is the best?
Value, Growth, Momentum, etc
To understand this first we need to understand different styles of Investing.
Scroll 🧵for more details & it also contains examples of Fund houses that follow these styles:
(1/6)
Starting up and taking the journey from 0-1 while scalling up and continuing the journey from 1-100 both need different skill set, teams and temperament.
Nifty Pharma today (March 2023) @ 11872
In August 2020 it made a high of 12045
Should you invest in the pharma sector/mutual fund/PMS which is underperforming for the last 30 months?
Scroll the🧵to know more
Date Courtesy: @AdityaKhemka5 sir's PPT from Incred
(1/6)
If taking an interview and the counter party is prepared with a script.
Keep some silence between two questions. The counter party is prepared with a script of words not silence.
A small para from the book The McKinsey Way
The playbook luxury hotels follow:
1. Warm welcome
2. Zero defect product
3. Anticipatory services
4. Farewell
If these 4 principles are taken care of, customer delight will be a by product.
So dam profound
Source: Rahul Chaudhary in his interview at The Babershop
We always hurry in concluding what is right/wrong, good/bad, etc but life is never black & white
Life is a combination of numerous shades of grey
@AashishPS sir explains beautifully with cricket analogy that never conclude fast, in his recent talk at IFA Galaxy
@vaibhavchugh
The fund that qualifies Rule of 15 to accumulate 1 crore through SIP is SBI Small & large Mid Cap.
SIP: 15k
CAGR: 14.42% (15% approx)
Tenure: 14 yrs 8 months (15 yrs approx)
Total Investment: 28.2L
Total Corpus accumulated: 98.09L
@SumairaAbidi
@srinivasjain@SBIMF
Another interesting thought process from the McKinsey way:
The McKinsey partner was addressing his team and he said "Don't try to knock the ball out of park. Hit singles"
It is such a profound statement.
(1/3)
📚Currently reading The McKinsey Way by Ethan Rasiel:
👩💼They pick up the best and top-class talent from ivy league b schools of the world
These guys are the best but they are young & have to explain to a 30 yr veteran CEO "How to run his company better"
@SahilKapoor
(1/4)
BSE stock performance - a good proxy for the sentiment of the market
BSE stock is almost down by 60%, market trading activity is down by 69% and there are about tens of lacs of Demat account closures.
(1/3)
Importance of mental health is underrated
Importance of physical health is overrated
A mental health perspective from the greatest investor of our times.
Importance of mental health is underrated
Importance of physical health is overrated
A mental health perspective from the greatest investor of our times.
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