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Decision Hygiene : 31-Oct-21

Nobel Laureate Daniel Kahneman is a co-author in a recent book – “Noise – A Flaw in Human Judgement” . In chapter after chapter of the book, deeply disturbing facts are presented about significant noise in professional human judgement. Bail applications, asylum decisions, child custody decisions, medicine, forecasting, hiring and staffing, forensic sciences, insurance underwriting, granting patents

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Do Your Homework : 30-Apr-21

We have repeatedly written about the need to play defensively when investing. Playing defensively means to first avoid costly mistakes rather than trying to hit winners. Amongst the first steps to avoiding costly mistakes is minimizing intermediary expenses and reducing tax drag on investments. Distributor/agent commissions, brokerage and investment advisory fees are vital ingredients of

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Report Card : 31-Mar-21

Our composite portfolio is the sum total of all individual client portfolio values and our composite high water mark is the sum total of all individual client high water marks. The performance being reported in this annual report is a time weighted return (TWRR) as against the cash weighted XIRR being reported in each of

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