Are markets really risky?

If you define risk as volatility, then the stock markets are indeed very risky. But if you define risk as the probability of suffering a loss over the long term, then the risk is entirely manageable.

The AI revolution worth having

Forget the trillions being bet on AI. The revolution that matters is the one you can build for yourself, for free, right now.

Old file, new company

The market misprices stocks using outdated assumptions. The opportunity lies in that gap.

SEBI's new rule helps the wrong people

The people who would benefit most from third-party SIPs aren't the ones this rule is designed for

The most useful answer is 'I don't know'

Four kinds of letters arrived after last week's column on West Asia, and the largest pile asked the same question

Such a long journey

The largest active fund today manages more money than the entire industry did when this magazine started