Every investor eventually learns a painful lesson: a great company is not always a great investment. Risk Is in the Price: Why What You Pay Matters More Than What You Buy The difference between the two comes down to a single, deceptively simple idea — risk is in the price. This phrase, often repeated in value investing circles, captures a truth that runs counter to how most people think about markets. We tend to associate risk with the nature of the asset itself. A volatile s

Six Years of Euphoria, Then the Pendulum Swings There is a rhythm to markets that most investors sense but few act on wisely. "We may never know where we're going, but we'd better have a good idea where we are." - Howard Marks For nearly six years — from the pandemic lows of March 2020 through much of 2025 — Indian equity markets delivered a remarkable bull run. The Nifty 50 climbed roughly 3.4 times from its Covid trough of 7,610 to a peak above 26,000 in September 2024. The

Navigating the Storm: A Balanced Investor's Guide The world changed on February 28, 2026. What began as years of simmering tensions between the United States and Iran erupted into a full-scale military conflict when US and Israeli forces launched coordinated strikes on Iranian leadership and military infrastructure. Iran retaliated with missile and drone barrages targeting Israel, US bases, and Gulf nations. The Strait of Hormuz — the narrow passage through which roughly a fi