Our approach
Investing is about decision-making
under uncertainty.
What we're thinking of markets, in more depth
On markets
Markets are forward looking, their job being to allocate capital towards trends that will become certain not today, or next week, but in the far future. They constantly discount future possible states of the world, occasionally overshooting forecasts or underestimating risks.
Our job
Simply put, it is to make better decisions under uncertainty. It is to move away from pockets of the market which are being priced with complete certainty, and allocate towards as yet under-owned investments.
The job is then of better asset-allocation, not necessarily individual stock-picking.
How we measure ourselves
The benchmark for most of our portfolios is Nifty 500 Index. More broadly, we judge ourselves not against the random, short-term, often wild returns of a theme currently in fashion, but by delivering better risk-adjusted returns over a medium to long term.
Want to know more?
Reach out and we'll walk you through how this translates into practice.