CAGR Insights is a weekly newsletter full of insights from around the world of web.
| Index | 10-May-24 | 03-May-24 | Change |
| Nifty 50 | 22,055 | 22,457 | -1.79% |
| Nifty 500 | 20,475 | 20,948 | -2.26% |
| Nifty Midcap 50 | 13,919 | 14,190 | -1.91% |
| Nifty Smallcap 100 | 16,111 | 16,934 | -4.86% |
Chart Ki Baat
Source: United Nation
Here’s the list of curated readings for you this week:
Personal Finance
- Creating Luck: Beyond Binary Views and Towards Active Habits and Strategy – The author discusses different models of luck, moving beyond the binary view to introduce the concepts of “Luck Surface Area” and the “Four Kinds of Luck,” ultimately proposing their own model focusing on active habits and good strategy to actively create luck. Read here
- The Importance of Inaction in Investing: Overcoming Natural Biases for Long-Term Success – Investing success often lies in what we don’t do rather than what we do. Despite our natural inclinations to react to market movements and headlines, long-term patience and inaction are crucial for success. Read here
- Charlie Munger: A Century of Wisdom and Partnership – Charlie Munger, born in 1924, has witnessed and been a part of a century of history. He and Warren Buffett built Berkshire Hathaway into the successful conglomerate it is today. Munger’s wisdom, irreverence, and partnership with Buffett have been instrumental in Berkshire’s success. Watch
Investing
- The Reality of Stock Holding: Understanding Shelf Life in Investing – The idea of holding stocks forever, as Warren Buffett once suggested, is often misinterpreted. While some stocks may indeed be held for the long term, the reality is that every stock has a different shelf life. Read here
- IAIP Session: Unveiling Quantitative Investment Strategies in India – The IAIP, recently explored various quantitative investment strategies such as Equity Long-Short, Managed Futures, Statistical Arbitrage, and Option Strategies. The session covered case studies, challenges faced by investors, and emphasized the roles, skills, and timing relevance in the market, including managed futures returns in India. Watch
- India’s Fixed Capital Formation: A Government-Driven Revival Amidst Declining Private Investment – India’s gross fixed capital formation has increased to 32.4% of GDP, the highest level since 2009, driven largely by government expenditure. However, private investment, crucial for sustained growth, has been declining since 2007-08, dropping to 19.6% of GDP in FY21. Read here
Economy
- Global Energy Transition: Opportunities and Investments – The energy transition offers significant opportunities for developers and equipment manufacturers globally. India, the US, and the EU are all experiencing surges in power demand, driven by factors such as data centre and AI growth, with the EU expected to invest nearly. Read here
- RBI Announces INR 40,000 Crore Bond Buyback to Ease Liquidity – The RBI announced a buyback of INR 40,000 crore worth of government bonds, focusing on short-duration papers to alleviate tight liquidity conditions. This move aims to ease short-term liquidity pressures while not affecting gross or net government borrowings, leading to a positive reaction in the bond market with lower yields and benefiting short-duration mutual funds. Read here
- Massive Online Scam: 800,000 Victims via 76,000 Fake Websites – A network of 76,000 fake websites originating from China has scammed over 800,000 people globally, primarily in the US and Europe, by luring them with discounted luxury goods and extracting sensitive personal and financial information. Read here
****
Check out CAGRwealth smallcase portfolios
Both our smallcase portfolios are ranking well in the smallcase universe in terms of 1 year returns.
• CFF (launched in June 2022) – Ranked among Top 20 smallcase with medium volatility.
• CVM (launched in May 2022) – Ranked among Top 40 across the smallcase universe.
Do check it out here
****
That’s it from our side. Have a great weekend ahead!
If you have any feedback that you would like to share, simply reply to this email.The content of this newsletter is not an offer to sell or the solicitation of an offer to buy any security in any jurisdiction. The content is distributed for informational purposes only and should not be construed as investment advice or a recommendation to sell or buy any security or other investment or undertake any investment strategy. There are no warranties, expressed or implied, as to the accuracy, completeness, or results obtained from any information outlined in this newsletter unless mentioned explicitly. The writer may have positions in and may, from time to time, make purchases or sales of the securities or other investments discussed or evaluated in this newsletter.