We have gone through a March that probably most of us didn’t see coming at all. As a popular meme proclaims – we saw Holi, Navratri, Eid, war, Cricket world cup, IPL kickoff, uncommon hot weather, uncommon cold weather, rains, thunderstorms, LPG shortage, oil shortage and a market that corrected sharply. And we are…
A new year starts for the three investing stalwarts. And what a month this past one has been. There were moments when the markets seemed ready to break previous highs, and then came the pullback. The sharp drop at the beginning of the chart below reflects the impact of India’s budget. The next day…
Over the past few months, I had been hinting that Shekhar’s portfolio may need a relook. However, we had agreed at the outset that no changes would be made before completing one full year. That year is now over. As Shekhar looked at his portfolio returns over the past year, along with a comparison…
The first year ends. The second begins. And we are here. It’s Republic Day 2026. Today marks the one year of the No Goal Investing experiment which I had started on the previous Republic Day. I had set this up with an initial contribution on INR 1 Lac each for the three fictional personas…
Last month of 2025. It is a time for reflections on the year gone by and it was an eventful year. Precious metals shone, geopolitical tensions held centre stage for quite a few of these months, the market followed its own whims, and our three investors followed their discipline. In my last month’s post…
As you know, I use the date of 26th of every month to report the fate of the three portfolios I’m running as an experiment. However, as has happened in the past, the post gets delayed when the 26th is a weekday and I can’t find time. That’s what happened this month. As I…
Once bitten, twice shy—that’s the mood as I sit down to write this month’s update. In my post on the fifth month of this experiment, I was feeling bullish. Mr. Market was showing bullishness, but then the sixth month happened and I said what goes up must come down. Well this month, the markets…
The market flirted with happiness this month—only to forget why it was smiling in the first place. We are back to where we were at the end of May 2025, and we have been there for quite some time now. This month it felt like that Mr. Market has finally thought enough is enough,…
Friend Trump turns Bully Trump. That, it seems, has been the story of August. Last month, I said what goes up must come down, and the reasons—only God knows. Now, I suspect Mr. Market might also know a thing or two. It just doesn’t always become apparent to us mere mortals. Suddenly, Trump seems…
What goes up must come down—especially in the markets. Reversion to mean isn’t a theory, it’s just how the world works. After running up for the last couple of months, when it had every reason to stop but didn’t, the market seems to have remembered that it can fall too. Why now? Honestly—God only…