Paying attention to the right things

To a parent trying to get a child to study productively, the most irritating thing is the child's propensity to pay less attention to the subjects and the parts of the syllabus that matter more. Perhaps, as investors, we are also guilty of the same lopsided focus. At a broader level, I often come across investors who are obsessed with their equity-fund performance and yet when you look at their entire asset base, equity will be a few per cent because much of it is in fixed income and property!

This article was originally published on December 20, 2021, and last updated on October 29, 2022.