Blogs

Can Bitcoins  still be ignored?

“A pessimist sees difficulty in every opportunity and an optimist sees opportunity in every difficulty”

Asset Class	CAGR* from Jan 2009 to Aug 2017
Bank FD	6.5%
Gold	12%
Nifty	19%
Bitcoin	1247%

*CAGR – Compounded Annual Growth Rate

On August 31, 2016, Nifty  was  at 8800. Currently, it is 9900, riding on bullish  sentiments and  a strong reform- oriented BJP government, giving  a return of 12.5% p.a. Impressive!!

Bitcoin has risen from 575$ to 4600$ in the same time frame,  posting a staggering return of 700%. That’s 55 times the return on the stock market! Do you still think  the bitcoin  can be ignored?

When  bitcoin  was  found in 2009, Nandan Nilekani was  still serving his first  stint  as Chairman of the  IT giant Infosys,  Virat Kohli was  yet to make  his test  debut and  Rahul  Gandhi was  the blue-eyed boy of Congress and future superstar of Indian politics!  It has been  almost  a decade since inception, yet the #4 most  searched query on Google(2014) “What is Bitcoin?” still puzzles most! Read More

“Never invest in a business you cannot understand.”

At times when the markets are down its tempting to invest in businesses thinking of them being undervalued without understand the nature of their business and market. In stock terms we call it Bottom Fishing. No matter how tempting it is avoid investing in businesses that you do not understand or aren’t aware of

In the business world, the rearview mirror is always clearer than the windshield.

Taking losses in market can be heartbreaking and equally heart breaking is to miss out on profit booking. On hindsight it may appear that you should have seen it coming but never be hard on yourself as it is easier to look back that to look into future.

It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.

Many investors go for investing in companies when it seems to be available at discounted price and avoid great companies even when available at a fair price.

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