Category Archives: Investment

Underestimating liquidity risks: How investors can suffer

Posted on January 28, 2014 by Nupur Bang

by Nupur Pavan Bang[1] and Vikram Kuriyan[2]   This article was first published by Moneylife on January 27, 2014 http://www.moneylife.in/article/underestimating-liquidity-risks-how-investors-can-suffer/36141.html   Risk management models used by professional investors often assume that securities can be traded infinitely. When liquidity dries up, … Continue reading →

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Mohnish Pabrai on Cloning as a Strategy

Posted on October 31, 2013 by Nupur Bang

by Nupur Pavan Bang1 and Vikram Kuriyan2   This interview was first published by the Global Association of Risk Professionals on October 29, 2013. http://www.garp.org/risk-news-and-resources/2013/october/mohnish-pabrai-on-cloning-as-a-strategy.aspx     As a hedge fund manager, Mohnish Pabrai does not have to be fully … Continue reading →

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Concentration: the case for putting all your eggs in one basket

Posted on September 30, 2013 by Nupur Bang

by Nupur Pavan Bang[1] and Khemchand H Sakaldeepi[2]   This article was first published in the Financial Times, FTfm, on September 30, 2013 http://www.ft.com/cms/s/0/d4e511fc-250f-11e3-bcf7-00144feab7de.html#axzz2gLgr9ACE   Is diversification the best way to invest in the market today? Not really. The portfolios … Continue reading →

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Punishing India’s love of gold will not yield result

Posted on September 11, 2013 by Nupur Bang

by Puran Singh[1] and Nupur Pavan Bang[2]   This article was first published in the Financial Times, Beyond Brics, on September 10, 2013; http://blogs.ft.com/beyond-brics/2013/09/10/guest-post-punishing-indians-love-of-gold-will-not-yield-results/?#axzz2eZQyQtBv     “Getting married this year would be very costly for me. With gold prices at … Continue reading →

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Put India’s Gold to Work

Posted on May 3, 2013 by Nupur Bang

This article was first published in the Financial Times, Beyond Brics, on May 1st 2013 http://blogs.ft.com/beyond-brics/2013/05/01/guest-post-put-indias-gold-to-work/#ixzz2S7f5RUMg Co-Author: Saumya Rastogi (Intern, CFI) When gold prices fell below $1400 in mid-April, investors across the globe panicked and tried to exit their gold-based … Continue reading →

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Fat tails have a tale to tell

Posted on March 12, 2013 by Nupur Bang

This article was first published in Moneylife on March 11th, 2013. Co-author: Khemchand H. Sakaldeepi http://www.moneylife.in/article/fat-tails-have-a-tale-to-tell/31529.html Between 1998-2013, out of a total of 3,785 days, movement in the CNX 500 was outside 3 sigma on 60 occasions, that is 1.59% … Continue reading →

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Move over total return, it’s time to look at investor return

Posted on February 22, 2013 by Nupur Bang

An abridged version of this article was first published in the HT Mint on February 22, 2013; Co-author: Dhruva Raj Chatterji, Morningstar India. http://www.livemint.com/Page/Id/2.0.1114338439 Mutual fund investors seem to be a disgruntled lot these days. It would not be fair … Continue reading →

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Why Continue to Invest in Emerging Market Bonds and Equities

Posted on February 12, 2013 by adityarana

Emerging markets have outperformed developed markets in 2012, with EM equities returning 18% (versus 16% for developed world equities) and EM dollar (and local currency) bonds also returning about 18%. So what does the outlook hold for 2013? Michael Gomez, head … Continue reading →

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Trend is your best friend

Posted on February 11, 2013 by Nupur Bang

This article was first published in the Hindu Businessline, Investment World, February 10, 2013; Co-Author: Archana Mishra, NMIMS Hyderabad. If prices follow a random walk, past prices cannot be used to predict the future prices. And prices do follow a … Continue reading →

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Will Social Media give birth to the next Warren Buffet?

Posted on November 26, 2012 by Nupur Bang

Co Author: Khemchand Sakaldeepi; This article was first Published in Hindu BusinessLine on 25th November, 2012 http://www.thehindubusinessline.com/features/investment-world/market-watch/will-social-media-give-birth-to-the-next-warren-buffet/article4130565.ece While taking a hard look at the evolution of human civilisation one cannot help but notice how the financial markets indicate our evolution … Continue reading →

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