Fiscal Sapien

Everything about life and money.

[Fiscal Sapien @fiscalSapien]

I recently read "Investing For Growth" by Terry Smith. These are my key takeaways.
@dmuthuk @Vivek_Investor @FI_InvestIndia @DividendGrowth @larissafernand

[Gaurav Rastogi @rustapharian]

In investing, being unique is easy; being right is hard. Most people think that to beat the market, they just need to do something the index isn't doing. Be contrarian. Like picking ten high-growth tech stocks, trading options, or timing crypto cycles.

The market is an aggregate of millions of smart participants. If you deviate from the index, you are taking on uncompensated risk.

Unless you have informational asymmetry (knowing something others don't) or analytical asymmetry (processing the same data better) or behavioral asymmetry (holding period professionals can't replicate), being different usually just means you've found a unique way to underperform.

[Fiscal Sapien @fiscalSapien]

@daya_hosur @siri_mysuru You caught her.

[Fiscal Sapien @fiscalSapien]

@kunley_drukpa Easy .. option d..it covers many states and landscapes..

[Fiscal Sapien @fiscalSapien]

@GauravGupta_RE No incentive

[Fiscal Sapien @fiscalSapien]

@BasuNivesh People don't watch news channels for news anymore..they watch it for entertainment..

[Prabhakar Kudva @prabhakarkudva]

Markets are best played for asymmetric returns i.e. you play for the bigger gains of 100% or more in a stock. Whether you get it or not is not important. What’s important is if your strategy allows for such returns.

One winner can fund several losers.

A few winners make up a life time of returns, rest is just staying in the game.

If you study them,this is the path taken by wealthiest investors.

[Fiscal Sapien @fiscalSapien]

@iRadhikaGupta Birds of a feather flock together.

[Fiscal Sapien @fiscalSapien]

@PRSundar64 Who is the guy in shorts?

[Fiscal Sapien @fiscalSapien]

@rustapharian Does this mean the govt is playing safe by buying gold but asking its citizens not to buy gold and hence giving the citizens the responsibility to save rupees?

[Fiscal Sapien @fiscalSapien]

@kendheswapnil Maybe you will understand more about his family and situation if you go to his home..so there is an advantage..

[Fiscal Sapien @fiscalSapien]

@riteshmjn Good .. it is going as you predicted..

[Fiz @MRB_AI24]

7 early signs that your liver is quietly starting to fail (& what you can do about it):

1- Waking up between 2 and 3 a.m. 🧵

[Contrarian EPS @contrarianEPS]

Best is to diversify portfolio across 2-3 asset classes 50-50 equity debt rebalanced quarterly

Or 50-30-20 equity debt gold. Or simply multi asset funds.

[Fiscal Sapien @fiscalSapien]

@AdityaD_Shah Why not give fund names directly?😄

I used to believe in this kind of advice a few years back..now I know it's a useless one..

[Fiscal Sapien @fiscalSapien]

@kendheswapnil Why not include gold?

[Fiscal Sapien @fiscalSapien]

@mehrotra_saket Are you still doing sip in ppfas flexicap?