Nimesh Chandan (@nimesh_chandan) 's Twitter Profile
Nimesh Chandan

@nimesh_chandan

Chief Investment Officer at Bajaj Finserv AMC. Behaviour Finance Enthusiast. Author of The Stoic Investor. Views are my own. Tweets and RT are not endorsements

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calendar_today10-01-2019 13:30:28

50 Tweet

658 Followers

16 Following

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In investing, nudges can be developed for specific situations by understanding what drives a particular behavior and what can de-bias or introduce an opposite bias. The article 'Libertarian Paternalism (or just ‘NUDGE’)' covers this in detail. Read here - bit.ly/38GGscR

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An old French adage about investing says “Buy on the cannons and sell on the trumpets”. It suggests buying when, in a war like situation or crisis, people panic and overreact on the downside, and create good opportunities to invest. Read 'The Salmon Run' - bit.ly/3axfdCM

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Reading the story of the Greek hero Odysseus and his role in the Battle of Troy, one can make many observations about self control and also about psychological bias (behind self-control problems) called 'Hot-Cold Empathy gap' To know more, read 'Be Cool'- bit.ly/3kRnZ31

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The mistakes made by the crowd (market) in their investments can not only create opportunities for one to profit, but also create risks! It is important to know what the crowd is thinking. Read why I wrote this in 'What could possibly trouble a tiger?' - bit.ly/347OVWw

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When an investment advisor tells a client to sell an investment at a loss, the client undergoes an emotional struggle. However, if the same is advised as a switch, the client executes it quickly. Read why 'It’s not what you said, it’s how you said it!' - bit.ly/342GyeN

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A record number of new equity accounts have been opened within a short period of time. Indices are close to their all- time highs. People seem to have forgotten what happened 4 months back. 'Antiquity rhymes with Opportunity' covers this and much more - bit.ly/3hJ2q2B

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There is less competition if one looks to invest for long-term. Since most of investors are trying to outsmart each other in the near term, joining them could generate average results. 'Hyperopic Investor in a Myopic World!' talks about this in detail - bit.ly/3lA1qQU

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Human nature causes stock markets to have deep cycles. This provides an environment where expert intuition can be useful. But how do we train ourselves better to take advantage of it? Read how you can practice 'Taking a decision with your eyes closed!' - bit.ly/338BgMz

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In investing, the strongest desire we need to fight is the desire to make quick short-term returns. A lot of investors enter the equity markets with the hope of making a fast buck. Read what should one do to avoid 'The Temptation of Short-Term Returns' - bit.ly/3mmKwp5

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We tend to focus on outcomes to see if a decision was right or wrong. Not that outcomes are not important, but when we consider decision-making in the context of uncertainty, the process becomes more important! Read about 'Thinking Process versus Outcome'-bit.ly/3cjdRfy

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Success in investing is like going on a diet plan: one can learn and draw up a fantastic, high return, proven strategy on paper; But it means nothing unless followed with discipline. Read 'The Value of Discipline' and understand its importance here - bit.ly/3cZ0KQW

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When we take a decision and it does not lead to a good outcome, we go into self-recrimination and makes us think about the other options we should have chosen. This emotion-'Regret' is like inflicting punishment on ourselves. Read 'The Impact of Regret' - bit.ly/3iv9W0Q

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Behavioural researchers have found that people quote two prices for the same object. One, that they are willing to pay to acquire it and the other, higher price to give it up once it is in their possession. Read 'Possessed by your Possessions' to know why-bit.ly/2FF97oE

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Studies have been conducted to understand the behavioral differences between women and men in the context of investments. Some important research findings have shown women have an edge over men. 'Mars Loves Trading and Venus Hates Losses' covers more - bit.ly/3eeKzzO

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Economic theory says the value of money doesn’t change just because one labels it differently. Yet, we come across so many decisions people make about money which shows that labels do matter. Find out why 'How you count your money, counts!' here - bit.ly/3mM1MUq

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The expectation of an event creates a much deeper impression than the event itself. When dividends or rich imports are expected, share prices will rise; but once they are declared, the prices fall. 'Buy the Rumors; Sell the News' explains this in detail- bit.ly/34LWTnU

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All investment ideas are vulnerable to noise; which deters us from making a good decision. Noise to an investor is what kryptonite is to Superman! It drains their powers (intellect) & makes them vulnerable 'Achilles Heel and Investors’ Ears' covers more - bit.ly/2VsxaLW

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Most investors want to buy popular and glamorous stocks. They are easy and comfortable to pick as everyone is owning them. But, this same comfort may be the reason for them to be most likely overpriced. Read 'Underperformers outperform! Why and when!!' - bit.ly/2VnXI0S

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"The Butterfly Effect" is an unconventionally different take on the recently proposed India Union Budget 2021. It highlights that the 2021 Budget: - Changes the narrative - Will create a confidence multiplier - Is well timed Read more here - bit.ly/2N0rTtO