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A drawdown is the fall from a market peak to its lowest point before recovery.
Large, mid and small caps spend similar time below their highs.
But small caps often fall nearly twice as much, and in extreme phases can drop 13 percentage points deeper than large caps.
The market moves together. The damage doesn’t.🧵
Warren Buffett: "You don't want to buy things that are cheap. You want to buy things that are good. It's much better to buy something that's good at a fair price than something that is cheap at a bargain price."
How to make a Will? We got a lot of queries on this last week. Here's a roadmap by @SatyaSontanam. There are a lot of other queries you may have which we have answered in the full article. https://t.co/Dmt0mB3qd2
While the Western economies near a possibile recession, India ranks better than global powerhouses such as US, UK, Japan in terms of its Debt-to-GDP ratio.
Infact, as per a report - Recession Probability Worldwide 2023, India is the safest with 0% chance of recession.
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Nice chart in @businessline
Out performance/ underperformance of the indices vs earning growth.
Look at the Nifty Bank. Prices to catch up with earnings soon?
Bureaucratic red tappism to obtain stamp papers in Mumbai. Poosibly whole of Maharashtra. Who is responsible? Total madness @Dev_Fadnavis@Devendra_Office@mieknathshinde
Where is ease of doing business or transactions? Gone for toss 🤔
Privileged to have aided in compounding of investor wealth over many years and humbled by recognition - 4th time in a row of being amongst the Top Fund Managers for long term risk adjusted returns. 🙏