We received this feedback on twitter that as far as Live data is concerned (from the day you went live) You are not beating the smallcap index.


We asked this question to Wesley Gray in our podcast if Value and Momentum should be combined. He answered our question by providing a detailed backtests suggesting that they are better off run separately as they work complimentary to each other.

We at MysticWealth run Model portfolios in Momentum and Value. We run them so separate that a different fund manager is dedicated to each.

We received the feedback that for someone to get exposure to both, the subscription fee can be very steep and eat away the alpha.

To celebrate crossing of 100% returns of MWV (17% CAGR) we…


This is another BIG one. One of the most common question asked. And it is a million dollar question isn’t it.

Problem is, there is NO ANSWER. As an advisor, you are doomed if you answer this with a strong opinion.

The reason we think there is NO answer to this question is that it is impossible to predict the direction of the market in short term, and this handicap is bestowed upon ALL of us. Only the intelligent are aware of it.

If you say/feel that market is ripe for correction and advise accordingly, the ensuing rally will happen…


One of the most common questions we get asked is to explain the difference between UTI momentum Index fund and our signature momentum offering #MWM (MysticWealth Momentum)

Prior to this fund, mutual funds were known to select stocks on the basis of research and analyses done on fundamentals and financials of the company. This is the first time they have ventured into our domain. (Actually not the fist time as technically even Nifty50 is a momentum product only) but as a feasible strategy only looking at ROC and not size (marketcap), this is a first genuine attempt. …


I was totally overwhelmed by a wonderful response I received for My #EDECMA presentation organized by DefineEdge.

I received numerous emails, requesting to explain the most provocative slide of them all.

So Lets start from the start.

How is a Decision made. In our domain as a trader we need to make decisions everyday. Few important ones that matter include When do you decide to buy/sell/hold/pyramid/partial book a position. Your entire PnL is dependent on these decisions. Each one would have a serious impact on outcome.

If any of these decisions are not Pre-defined, you are basically allowing the subconscious…


I read a fascinating tweet from https://twitter.com/suru27 and therefore I decided to RUN an interesting poll on twitter.

Now, my entire premise is based on the assumption that since this is a anonymous poll, people would have no incentive to lie (boast off) and hence the results could be as real as one could get on social media.

Here are the results (so far)


Here is a list of 05 books recommended by Nasim Nicholas Taleb. These are Not in ANY order. It is a list I have accumulated over the years listening to Taleb on his interviews, blogs, videos etc.

  1. Birth of a Theorem: A Mathematical Adventure by Cédric Villani

2 The Paradox of Choice: Why More Is Less by Barry Schwartz

3. The Tyranny of Experts: Economists, Dictators, and the Forgotten Rights of the Poor by William Easterly

4. Kelly Capital Growth Investment Criterion, The: Theory And Practice by Edward O Thorp

5. The Hour Between Dog and Wolf: Risk-taking, Gut Feelings and the Biology of Boom and Bust by John Coates

Enjoy your weekend.

Cheers!!.


I am a Nobody compared to stalwarts and “well educated” intellectuals like Richard Thaler, and therefore may be speaking out of line.

BUT

I am a practioner and that CHANGES everything.

And through the sheer experience gained through my practice, I have come to a rather counter intuitive conclusion that “hot hand fallacy” as propagated by Mr Thaler is just baloney!!

Lets break it down, WHAT IS HOT HAND FALLACY. Watch this video and listen to Thaler explain it himself.

So What Mr. Thaler is saying is that Hot hand fallacy is a false presumption of expecting the status…


I recently tweeted this interesting observation

And almost as soon as I published it, It dawned on me that it is one thing to utter a Utopian, ideal statement and totally another to delve deeper into the inner workings of what works!!!

Human psychology is flawed and therefore world is full of idiots (me included of course, I will never admit it due to over confidence, that is a different matter)

What that means is that least resistance is always towards STUPID. In simpler language, if not restrained, we tend to damage ourselves. You will never find a person…


This blog compares our 02 offerings for you to decide which one suits your profile.

BSE STOCKS

First difference is that MWM website is free to pick stocks from BSE universe. Smallcase in its current avatar deals in NSE Stocks ONLY. This is not a BIG difference as due to liquidity filters, BSE only stocks rarely get picked by our system.

Options Hedge.

MWM website deploys system generated option hedge strategies. Smallcase does not allow us to use derivative products. …

Mystic Wealth

Insights for DIY investors on Risk management, Option strategies, Special Situations & Momentum.

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