Fantastic Sept 25 markets gave opportunity to churn : added a few good businesses to PF rather than focusing on WhatsApp or social media chatter or rather trying to predict …
only in Bull mkt
API / exports trade at premium to domestic pharma;
Mid cap IT trades at premium to large cap IT;
EPC players trade higher than technology providers;
NBFC get more expensive than banks,
Auto anc trade at premium to OEM
when it reverses, ppl blame mkts & whales
“There's two things I always say: Unless you have a position, all you have is an opinion. And the cumulative profits of our opinions are zero.”
- Ken Griffin
Large cap is the new debt.
Private markets are the new equity.
An interesting quote I heard today that summarises how risk appetite has shifted upwards in the last 5 years, and some asset allocation buckets have been forgotten :)
Charlie Munger had a mental model for hitting the mark in investing, and life.
He called it: “Over, Under, Kapow!”
It comes from artillery training.
Recruits are taught to fire one shot over the target, one under it…and then zero in for the kapow, a direct hit.
It’s how you…
🔥Transformer Sector: Current Orderbook & Capex
🔥Transformer sector to reach USD 5.18 Billion by 2033, exhibiting a growth rate (CAGR) of 8.08% during 2025-2033.
⚡️Which transformer company are you betting on?
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