It is important to understand the difference between what humans can do and what machines can do. What are their respective strengths? What are their respective weaknesses?
In order to have any profitable active investors, it seems you have to posit overconfident, “dumb” active money that loses money trading against the “smart” arbitrageurs.
Prashant Das, Assistant Professor of real estate finance at Lausanne Hotel School, University of Applied Sciences, Western Switzerland busts the five myths associated with Indian real estate investment trusts (IREIT)
Some have less, some have more. But the ones who have less manjha (thread used to fly kites) don’t stop flying kites. This holds true for investing too. You don’t need a lot of money to invest. All you need is one kite and some manjha to start flying!
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