Gaurav Seth, CFA

Helping investors focus on process, not predictions

Past returns don't invest future money

ARN - 361348

[Gaurav Seth, CFA @GauravSeth_Fin]

Similarly, a top-performing thematic fund may be completely unsuitable for a retiree seeking stability.
Good investing is about building the right portfolio for the right investor - not simply chasing the funds that performed best in the past.

Context matters more than returns.

[Gaurav Seth, CFA @GauravSeth_Fin]

Saw an advertisement today for an app that can analyse a mutual fund portfolio and tell investors which funds to "Hold" and which to "Exit" based primarily on historical returns.

This is exactly where many investors go wrong....

[Gaurav Seth, CFA @GauravSeth_Fin]

•Investment objective
•Time horizon
•Risk appetite
•Existing asset allocation
•Tax implications
•Role of the fund within the overall portfolio

A small-cap fund showing weak recent returns may still be the right holding for a 30-year-old investor with a 15-year horizon

[Gaurav Seth, CFA @GauravSeth_Fin]

@sumitkbehal "Your rich" or "my rich"?

[Gaurav Seth, CFA @GauravSeth_Fin]

@JamesClear "when death finds you, may it find you alive"

- African proverb (roughly translated)

[Gaurav Seth, CFA @GauravSeth_Fin]

Please do note I have an auto debit due on this account tomorrow (25th June), and i am unable to transfer the funds into the account. In case the auto debit is unsuccessful, I would need to take the case up with the ombudsman.
PS: snapshots of emails attached for your reference

[Gaurav Seth, CFA @GauravSeth_Fin]

@HDFCBank_Cares not sure what substance your customer care executives are on. I have a current account with you. I tried to transfer some funds from my ICICI savings account to the HDFC current account, but the same got rejected. When I opened my HDFC netbanking it said that the

[Gaurav Seth, CFA @GauravSeth_Fin]

Also, in this email marked to a Mr. Kishan it says that my email id is not registered to any account. I have been receiving alerts on the said email id for the last 12 years, but suddenly I'm told it isn't registered.

[Gaurav Seth, CFA @GauravSeth_Fin]

@historyinmemes Germany invented a lot of things without googling

[Gaurav Seth, CFA @GauravSeth_Fin]

@mpbp_kolkata Is this the current schedule?

[Gaurav Seth, CFA @GauravSeth_Fin]

@sambhavdaga 2 questions:
1. What if the landlord is a non resident NRI?
2. Property is joint and payment to both holders is 50K each

[Gaurav Seth, CFA @GauravSeth_Fin]

@manishzfunds @morganhousel Yup. The book makes sense for anyone alive 🙂

[Gaurav Seth, CFA @GauravSeth_Fin]

Too few. This brilliant book from @morganhousel has a 7.5 bn target audience.

[Morgan Housel @morganhousel]

Psychology of Money just crossed one million copies sold. ⚡️

Thanks for reading!

https://t.co/hWCUS7JwZp

[Gaurav Seth, CFA @GauravSeth_Fin]

NFTs - the present and not so distant future.

PC: B&F News USA

[Gaurav Seth, CFA @GauravSeth_Fin]

@passivefool The best tweets are the ones that are not shared. Hence, not sharing this one 😜

[Gaurav Seth, CFA @GauravSeth_Fin]

@KirtanShahCFP There are still a lot of potential buyers out there, who have their 'well-wishing' agent uncles 😜

[Gaurav Seth, CFA @GauravSeth_Fin]

@Itz_Gekko @KirtanShahCFP If you were to outlive you should have managed to accumulate much more capital than apparently 'destroyed' in term premiums. Be thankful.
Please compare RoIs on term+equity vis-a-vis endowment for both cases - death & maturity and you will be pleasantly surprised.