Value Research

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.

A fool and his money...

Foolishness is the lifeblood of the stock market. Instead of worrying about how well companies are doing, investors should worry about whether an adequate supply of foolishness will be maintained

At financial summits, every speaker is selling something

The barber's advice is free, but the haircut costs you

Murky world of stock forecast

It's not possible to predict what happens in the market in the short term. Yet, all kinds of media work hard to maintain the illusion that this is not only possible, but routine.

Why Gold Failed Its Biggest Test

A war, a spike in oil, and the one asset that quietly kept working.

Who really wins when India invests

The story of India's market is more about participation than prediction