Never invest based on the present

Today’s Daily Byte

The market started with a bang this morning but succumbed by the evening, at least on the Nifty. The rest of the market remained reasonably intact. The weakness we saw before the state election result has taken care of itself. Now, it’s on to the next event we are looking for: the upcoming elections.

From a local perspective, on a global front, the Chinese market cracked 6.5% today. This has created mixed emotions in the market regarding whether to follow the Chinese trend for the FIIs or return to India. On the other hand, the RBI mentioned in today’s meeting that . . ..

In this video below, we will discuss how you can index better than Nifty 50. This is a hot topic that everybody should be aware of.

Reading Time : 4 Minutes

Never invest based on the present

Legendary investor Stanley Druckenmiller offers valuable insights into the art of investing. He emphasizes the importance of looking beyond current events and visualizing the future landscape. This forward-looking approach is crucial for making informed investment decisions.

Many investors make the mistake of focusing too heavily on past performance. . . . .

Reading Time : 4 Minutes

Apply BBC Principle always

This article explores a fascinating case study of Just Eat Takeaway.com (TKWY). Over the past five years, the company’s revenues have skyrocketed by a staggering 1500%. However, despite this impressive growth in revenue, the stock price has plummeted by 87%. This seemingly contradictory situation highlights the importance of looking beyond basic financial metrics when making investment decisions.

Many investors believe that by diligently studying a company’s financial statements, they can uncover hidden gems and achieve superior returns.. . . . .

Reading Time : 3 Minutes