Passivefool – Page 4

Best held beliefs

Came across this tweet by Professor Sanjay Bakshi and I just had to share this. The ability to destroy our best held beliefs and ideas.

Surprise, surprise: Hedge funds this year have underperformed the S&P500

Hedge Funds have this mystical aura around them. Reclusive, eccentric geniuses who can deliver insane returns. But facts are always stranger than fiction. Year to date, the S&P 500 has beaten the popular hedge fund indices.

Warren Buffet and Charlie Munger on ₿itcoin 😂 🤣

I’m not a Buffet or a Munger fan boy nor do I think that investors should hang on every word of theirs. But, you’ll have to admit, these two can be incredibly funny. Here’s are 2 funny clip their views on Bitcoin.

Understanding the money markets with Zoltan Pozsar

Zoltan Pozsar is the Managing Director of Investment Strategy and Research at Credit Suisse. Prior to this, he was a senior adviser to the US treasury. So there is nobody better to explain what the money markets are, how they work, and the interplay with the broader economy. In this absolutely fascinating conversation, Zoltan talks… Continue reading Understanding the money markets with Zoltan Pozsar

My journey from being fully active to almost fully passive

Axis Mutual fund files to launch a Nifty 100 index fund

Axis mutual fund has filed to launch a Nifty 100 index fund. This will be the first index fund based on the index. There are 3 ETFs by Reliance, LIC, and ICICI but like most of the ETFs in India, they are illiquid. DSP and Principal, however, offer Nifty 100 equal weight funds.

Once an idea takes root. Q1 US fund flow highlights

I know this isn’t all that relevant for you as an Indian investor but this data goes to show the power of an idea – passive investing, in this case. This also reminds me of this quote:

Introduction to passive funds

If you are curious about how index funds work, then check this video out. It’s pretty decent.

Dear investors, wake up and smell the bullshit. Mutual funds sahi nahi he!

I’ve been meaning to write this post for a while now but never got around to it. There has a small but growing chorus over costs and performance in mutual funds in India over the past couple of years. This is very heartening, but this is a very small or tiny group of sufficiently informed… Continue reading Dear investors, wake up and smell the bullshit. Mutual funds sahi nahi he!

Understanding the power of narratives in markets with Ben Hunt

We, humans, are instinctively drawn to stories, be it in life or in markets. This episode is about the latter. Ben Hunt is the creator of Epsilon Theory and is one of the most unique voices in BS filled world of finance. His writing is miles away from the beaten path and is absolutely thought-provoking.