Imagine you are sitting at a poker table playing Texas Hold'em heads-up (i.e. one on one). You get dealt two aces. You go all-in. Your opponent calls. He has two kings. The dealer lays out the 5 community cards and there is a king in it. Your opponent makes

Indian markets have given 1000% returns in the last 15 years but not many people around you would have made even that much, forget beating the market. Why? Because of bad investor behaviour. Your returns depend more on your behaviour than on the Mutual Funds or stocks that you invest

There are several popular websites like Value Research Online and Moneycontrol that provide historical and comparative data on Mutual Funds. One aspect that has become especially popular is the star ratings of Mutual Funds on these websites. The ratings on VRO are their own, while the one on Moneycontrol are

I learnt a very interesting word today - Zugzwang. It is German for "compulsion to move". It is usually used to denote an unfavourable situation in games like Chess where for the game to go on, you have to make a move on your turn, even if it

One of our esteemed investors recently shared an SIP investment strategy and asked us to evaluate it. The strategy is simple and sounds logical on the face of it - instead of investing on a fixed day every month, wait for a day when the markets are down (say by