Value Research

Institutionalised mistrust

In most spheres of life & especially so in the stock markets, the basic truth is that everyone will always work for their own benefits. And for an investor, this is the first lesson to be learned.

When incentives work against investors

To fix a financial problem, ask who profits from it, not who suffers

What's your risk tolerance?

Most people's risk tolerance is actually zero. You could be financially very stable and yet be completely averse to the idea of losing money. The solution is to adopt time-based asset allocation.

What's in a name!

When a label means everything and tells you nothing

5-Star to 3-Star. Should You Exit?

A downgrade is a warning light — not an instruction to pull over.

Are markets really risky?

If you define risk as volatility, then the stock markets are indeed very risky. But if you define risk as the probability of suffering a loss over the long term, then the risk is entirely manageable.

Monkeys, goats and markets

Everyone wants to know what to do in the stock market. Do this.

When the system itself is the risk

Individual investor warnings are fine. But who regulates the herd?

The joys of inefficiency

Theories & processes play a major role in the arena of investments. But then, where do individuals & their skills or instincts figure? Do they play a major role in successful investments as well?

Sold Your Home? Here's Where to Put the Money

One wrong move with your sale proceeds could cost you lakhs — don't let that happen.