What a time to be in the markets
Today was a bad day for smallcaps. The Nifty Smallcap 250 index was down by 2.59%. No, this isn’t a post about “smallcaps are risky”. Although, I don’t who reads this thing, but I’ll say it – smallcaps are super risky. DSP Smallcap Fund was down 65% at the depths of the 2008 bear market. […]
Never better or getting worse?
If you listen to Steven Pinker, he’ll tell you the world has never been a better place: Some graphs track increases in good things: income, longevity, sustenance, safety, literacy, democracy, civil rights, leisure and happiness. Others show declines in bad things: poverty, infant mortality, famine, state-sponsored torture, capital punishment, war, homicides, lynchings and racist attitudes. […]