Reading Time: 2 minutes I am big fan of Magnus Carlsen. In his brand of chess, he teaches us a thing or two about how to manage money (Investments). For the uninitiated, Magnus is not flamboyant At all. And we all know that flamboyant always get the limelight be it chess or life. See this clip, how Magnus got […]
Coin toss odds — Mystic Wealth. DSP Mutual fund twiter handle did an… | by Mystic Wealth | Jun, 2020
Reading Time: 2 minutes #BreakTheBias Poll! If the last 5 coin flips were:1.Tails2.Tails3.Tails4.Tails5.Tails What’s the probability on the next coin flip? – DSP Mutual Fund (@dspmf) June 13, 2020 It is a fascinating question and of-course the obvious rational answer is that if the coin is NOT Rigged (Like in the movie Sholay), every new coin flip would have […]
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How 2 get Rich in Stock Markets. Disclaimer: This blog may hurt your EGO… | by Mystic Wealth
Reading Time: 4 minutes Disclaimer: This blog may hurt your EGO hard, Real hard. you must have heard of a famous quote Concentrate on Process, Not on result In essence this is Vedanta’s core message. Now link this quote with the information that you already have. “ Common sense is NOT common (90% of market participants are IDIOTS) and […]
The D Bomb. Hydra with Tentacles, Depression and… | by Mystic Wealth
Reading Time: 6 minutes Hydra with Tentacles, Depression and diabetes, LCHF Last year in August, I was diagnosed with Diabetes. And it was not a borderline where I could hide behind any ambiguity, my HBA1C was 12 !!!!… The D bomb shattered my very existence. What a sissy, you must be wondering. In a country which has the highest […]
PANIC NOW, PANIC EARLY. Rather than REGRET later. — Mystic Wealth | by Mystic Wealth
Reading Time: 3 minutes I recently read this article by Cass R. Sunstein (for the uninitiated, he is co-author of a psychology book “Nudge: Improving Decisions About Health, Wealth and Happiness.”) The Cognitive Bias That Makes Us Panic About Coronavirus Essentially, this article as the name suggests points out human folly of getting scared due to an exaggerated sense […]
FreeWill Vs Determinism. This is one topic that has intrigued me… | by Mystic Wealth
Reading Time: 3 minutes This is one topic that has intrigued me over the years. I have delved deeper and deeper into this as my own evolvement unfolded. The reason why this topic intrigues me more than any other is that THIS IS THE principal question. Whether what we do is our doing or bigger forces are at play. […]
This is getting Scary. A few weeks ago, @ Raunak Onkar shared… | by Mystic Wealth
Reading Time: 3 minutes A few weeks ago, @ Raunak Onkar shared a wonderful documentary “Century of the Self” Link here. The documentary is about American nephew of Sigmund freud, one Mr Edward Bernays and how he pioneered the concept of manipulating the masses by using psychological tools. If you are a student of psychology, which everyone should be, […]
Only the Retail Rush in. — Mystic Wealth | by Mystic Wealth
Reading Time: 3 minutes I read a fascinating blog written by Anish Teli about an interesting phenomenon that Retail invariably loads up on High beta stocks especially with negative news around them? A while ago Nooresh Merani also wrote on this subject. Here is the blog for your perusal Anish argues that the reason (one of) for this is […]
Only The Retail Rush In
Reading Time: 3 minutes I read a fascinating blog written by Anish Teli about an interesting phenomenon that retail investors invariably load up on high beta stocks especially with negative news around them?
Launch of M.W.V on Smallcase — Mystic Wealth | by Mystic Wealth
Reading Time: 2 minutes Ladies and Gentlemen, boys and girls. We are proud to announce the LAUNCH of Mystic Wealth value (MWV ) our Value based Model portfolio on smallcase. As you know Smallcase is the seamless platform on which clients can update their portfolios with a single click of a button eliminating the execution hassles in replicating model […]
Strong Core for flourishing branches. | by Mystic Wealth
Reading Time: 2 minutes Slow Compounding. WHY are we so GUNG HO about MWT. Mystic Wealth Tortoise. We at Mystic Wealth believe that Slow compounding done on Index itself is the ultimate and probably the ONLY viable strategy available to retail. Now of-course you might feel that we have a product to sell and therefore commitment bias ensures that […]