Investing

In our last post here, we found the reasons as to why short term fund performance is not a great way to evaluate a fund manager's skill. The cyclical nature of market returns argues for evaluating manager performance over a full market cycle. When evaluating investment managers it is important to understand that managers can perform … Continue reading Evaluating equity mutual fund returns – from theory to practice

10 minute read

A few weeks back we had explored the curious case of the "Top 5" fund investor here. For those who haven't read the earlier piece, the short summary goes like this - Typically most of us intuitively tend to select funds based on the previous year returns. However when we tested how an investor who … Continue reading The curious case of the “Top 5” fund investor – Part 2

A 5 minute read

10 minute read