Minerva India Under-servedC4Q24 Strategy UpdateTeam Minerva wishes you a happy and safe Diwali!Oct 24Oct 24
Minerva India Under-servedCo-existing with Yin and Yang, while chasing the latterIf you didn’t know better, just buying the laggards and selling the winners in poor price discovery markets such as Indian small and…Oct 11Oct 11
Minerva India Under-servedThe ugly frog-fishThey are solitary (don’t swim in schools). They are fairly sedentary (boring!). They are also arguably the ugliest fish in the ocean and…Oct 1Oct 1
Minerva India Under-servedFrom 8% to >30% — Do cash levels preclude alpha capture?The quick answer is ‘No’. For strategies that tend to demonstrate high tracking errors, cash levels simply do not have material…Sep 18Sep 18
Minerva India Under-servedIndia’s headline names reflect illusions of infallibilityInvestor group-think always gets fatigued and inevitably ends up with 1. Steep convergence of prices towards their intrinsic worth, and 2…Sep 6Sep 6
Minerva India Under-servedWinning by not losing — That peaceful slumberArguably the most under-researched factor of listed equity strategies is ‘permanent loss of capital’. Even as ‘permanence of loss’ can be…Aug 28Aug 28
Minerva India Under-servedCan retail mob’s last hurrah muddle trailing headlines?Hindsight and recency biases cloud objectivity, and particularly so in under-institutionalized marketplaces. Recent hindsight when coupled…Aug 17Aug 17
Minerva India Under-servedC3Q24 Strategy UpdateWe might sound like a broken timepiece by now, but we remain thoroughly unconvinced with where headline India (across small, mid, and large…Jul 28Jul 28
Minerva India Under-servedBusting the overly generalized narrative around tax incidence within Indian listed-equity…Several Indian domestic financial advisors often label domestic mutual funds as ‘tax efficient’, while dinging alternatives on this…Jul 21Jul 21
Minerva India Under-servedMispriced idiosyncrasies and uncorrelated sector composition drive our higher tracking errorMinerva India Under-served attempts to contribute idiosyncrasies at compelling values to portfolios of discerning allocators. Consequently…Jun 16Jun 16
