What’s Brewing. 7/Jan/2024

Mystic Wealth. RA in the Indian secondary markets

2 min readJan 7, 2024

Dear Friends,

Happy weekend. Here is a quick review of things we are upto and books/blogs we are reading to stay abreast.

Market update

This is the YEARLY snapshot of Nifty 50 stocks. tatamotors, Ntpc, bajaj auto, coal india, ITC, L&T, ONGC and Titan are leaders of the pack while Adani, Kotak and Hinduniliver were the laggards in 2023.

Changes

There are NO Changes in #MWM 01 Pyramid Add in #MWV.

Find below our Smallcase story so far. https://mysticwealth.smallcase.com/

Mystic Wealth APP

We have received positive response for our recently launched APP. All the product updates and rebalances will be pushed via APP now. Free Telegram channel is Now discontinued..

If you have not done it yet, please download the App.

Blog

Read this Blog where we detailed a barbell strategy. Just like a barbell, a strategy needs to be heavy on the corners and nothing in the middle. So, go extreme, something like 80% Treasuries, 5% crypto and 15% Startup funding.

Bharat Shah of ASK gave a very bullish interview, very contrarian amongst cash calls and caution all around.

Books.

Still reading . The First and Last freedom. 150 pages into it with foreword by Aldous Huxley, this looks a fascinating read.

Thats it for now,

Happy weekend.