Curiosity@Intelsense
Weekly dose of learning
May was good for our PMS, especially the Shree Vriddhi fund, which clocked an impressive 7.29%, making it to the top 10 performers list yet again. In the last 2 years since our inception, both Shree Lakshmi and Shree Vriddhi funds have made it to the top performers list multiple times. To know more about our PMS, or to invest in our funds, email us at equity@shreerama.co.in
The details of the two funds in the PMS is explained below.
1.
Respect luck as much as you respect risk
Both luck and risk are the opposite sides of the same coin. They bring forth the idea that outcomes can be influenced by events outside of your control. If risk is what happens when you make good decisions but end up with a bad outcome, luck is what happens when you make bad or mediocre decisions but end up with a great outcome. They both happen because the world is too complex to allow 100% of your actions dictate 100% of your outcomes. But risk is easy to pay attention to because it gives you an intellectual out when something doesn’t go your way. Luck is the opposite. It’s painful to think that some – maybe most, maybe all – of your success was not caused by your actions. So luck is downplayed and ignored in a way risk isn’t. The ability to recognize that your wins might not signal that you did anything right in the same way your losses might not signal you did anything wrong is vital to learning something valuable from real-world feedback.
2.
The latest trend in drinks is …. Water!!
This piece is an excellent insight into how plain water can be packaged in attractive bottles and cans and sold to those who do not consume alcohol in social settings.
The latest water brands to cause a stir are making drinks that behave more like beers or energy drinks. They’re provocative, eye-catching and come in a can — and they’re an increasingly noisy part of a single-serve water market in the US that’s worth $34.4bn and growing.
It’s well documented that increasing numbers of adults are now reducing their alcohol intake. It’s estimated that between a fifth and a quarter of young adults are now teetotal. And the canned-water-as-beer phenomenon is just one example of a boom in proxy drinks that offer abstainers alcohol-free refreshment with adult positioning. A corollary of this trend is the rise of hop water, especially in the US — sparkling mineral waters that are flavoured with hops, giving them a citrussy bitterness vaguely reminiscent of a beer.
Pic of the Week
Thought of the Week
“The riskiest moment is when you’re right. That’s when you’re in the most trouble, because you tend to overstay the good decisions.” ~ Peter Bernstein
Video of the Week
In the Media
DISCLAIMER:
Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.
SEBI Registered Research Analyst - Cupressus Enterprises Pvt Ltd - INH000013828.
Registration granted by SEBI and certification from NISM does not guarantee the intermediary's performance or provide any assurance of returns to investors.