6 results for “Halo Effect”
Happy Diwali 2024! Succumbing to the folly of predictions
A Happy and Prosperous Diwali 2024! In our annual predictions post we find how we've done with last year's predictions (spoiler: awesome) and then go on to make the mistake of predicting again this year. Plus, updates about Capitalmind and more.
Deepak Shenoy2 Nov 2024Deepaks Memos
[Podcast] Investing in Unlisted Companies: What's the deal?
Are unlisted securities worth investing in? What are they? In this edition of the Capitalmind Podcast, Deepak and Shray dive into the world of unlisted securities, the complexities of investing in them, the different pluses and minuses you might want to know, and more...
11 Sept 2024Opinion
The Keynesian Beauty Contest: Why expert forecasts often miss the mark
Originally published in The Economic Times, our article challenges the reliability of expert stock predictions. It delves into why even knowledgeable analysts struggle to consistently beat the market, drawing intriguing parallels between investing, Keynes' beauty contest, and horse racing. An analysis of over 2,000 expert recommendations reveals surprising insights about "buy" and "sell" calls. Discover why market perception can be as crucial as company fundamentals, and how the biggest gains often come from identifying undervalued gems before the crowd. Whether you're a novice or seasoned investor, this exploration offers fresh perspectives on navigating the market's ever-shifting landscape.
Anoop Vijaykumar9 Sept 2024Commentary
Hidden Gems: Ten lesser-known Investing books You need to read
Discover ten lesser-known investment books that offer unique insights and perspectives to enhance your financial knowledge. From exploring the role of luck and skill in investing to understanding the biological underpinnings of risk-taking, these unconventional reads will challenge your assumptions and provide valuable ideas to elevate your investment strategy.
Anoop Vijaykumar15 May 2024General
The Halo Effect: How success blinds us in Business and Investing
The Halo Effect is a cognitive bias that influences how we perceive successful companies and make investment decisions. In this article, we explore real-world examples from Lego and Byju's to illustrate the two faces of the Halo Effect and its impact on business narratives. Discover the lessons investors can learn from these cases and how to make more balanced decisions in the face of the Halo Effect. Gain insights from "The Halo Effect and Other Business Delusions" by Phil Rosenzweig, a must-read book for investors looking to navigate the complexities of business success and failure.
Anoop Vijaykumar2 May 2024General
The enduring myth of Great Companies
The top three most popular management books have sold over 10 million copies worldwide. By studying great companies in depth, they decode what made them great and offer the repeatable formula to make any company great. Except it hasn't worked. The odds of the great companies profiled in those books outperforming the market in the subsequent decades were worse than a coin toss. The companies profiled by those bestsellers are living (or bankrupt) proof of why, as investors, we should take any claims of infallible greatness with a grain of salt.
Anoop Vijaykumar25 Nov 2023Commentary