Snapshots That Wow!

Aah, the peril of diversification!

We are repeatedly told the necessity of conviction led concentration for outperformance in the portfolio. Off late it has been holding true for indices- with Taiwan and South Korea, two of the more concentrated markets seeing unprecedented rallies.

Source: Business Line

It has always been about earnings growth!

Superhero stocks come when high ROCE/ ROE companies show sustained outperformance in earnings growth vs. rest of the market.

Source: Capitalmind

It takes time to get used to the ‘khursi’

New Fed chairs have a remarkable track record. Stocks fall in their first three months. Almost every single time.

Twelve new chairs. Twelve drawdowns. Not one got a free pass.

Earlier this week, a new FED chair came in.

Source: Bloomberg

A chart where China is at the absolute bottom

Of all the famous footballers in top 1000 born between 1850 and 2015 per million inhabitants, 0 came from China.

Source: The Atlas, Pantheon (MIT)

When the sun shines too bright, it burns!

“China's major solar manufacturers are selling higher numbers of panels than ever, but now they're losing money doing it.”

Source: datacanvas.substack

No wonder no love stories today start with, I met her in a bar...

According to data from the Distilled Spirits Council, a trade group, pre-mixed Ready-to-Drink (“RTD”) cocktails have more than tripled their share of overall spirit sales in just over 5 years.

With people getting their poison on the go, even fewer walk into a bar and sit down for a drink.

Source: a16z