Quality portfolio with long-term returns
How a low-cost Coffee Can helps investors This article first appeared on ET Prime and the original link is here The CCP is a portfolio of high-quality stocks with high RoE and strong fundamentals. But many a times, it comes... Read More →
Factor Investor Report – December 2020
Editor’s note This month we take a close look at “resurgence” of the Value Factor and “crash” of Momentum Factor. Is it much ado about nothing or is this the ultimate mean reversion. In the Sector Ranks section we have... Read More →
Factor Investor Report – November 2020
Editor’s note This month we take a close look at Momentum Factor which is the most robust, simple yet difficult to invest in of factors. We look at the research both from Global and Indian academics and come to a... Read More →
Factor Investor Report – Oct 2020
Editor’s note It is our endeavor at QED Capital to share and bring about awareness and understanding of factors in a systematic investing framework. It is with that intent that we have started the Factor Investor Report which we will... Read More →
Dalal Street Rules – Year 2017
Year 2017 – The gloom and doom pundits were in business in India. A famous fund manager said demonetization would result in the economy crashing albeit may be for few quarters but the effect would be as extreme as a... Read More →
Annual Investor Letter – 2019-20
Dear Investors, It would be an understatement to say that we live in unprecedented times. While we have seen our share of local epidemics like SARs, MERs, Swine Flu etc. a pandemic of this magnitude was last seen over a... Read More →
The Most Awaited Bear Is Here. But there is no reason to panic.
Dear Investors and friends, This last few weeks are perhaps the most volatile and fastest markets have been in post 2008. We have the distinction of seeing the fastest fall in stock market history ever. In 19 trading sessions most... Read More →
Dalal Street Rules – Years 2015 and 2016
Never send a human to do a machine’s job Agent Smith, The Matrix Aks capital was having the best of times. Ajay Kaul was meanwhile going through a experience which was causing him immense internal dissonance. It had been four... Read More →
Dalal Street Rules – Year 2013 and 2014
“We never believed our models reflected reality-just some aspects of reality.” Nick Patterson, Cryptologist, Renaissance Technologies 2013 was a washout for the broader midcap space. But not for MIDAS. And 2014, the midcap index rebounded with a vengeance and the... Read More →
Dalal Street Rules – Year 2012
All models are wrong, but some are useful. George Box, Statistician The year 2011 had been mildly down for MIDAS but a brutal one for the market benchmarks. Investors were quite pleased with the performance, this being a long only... Read More →
