Outliers, Laggards & the Cost of Chasing Past Performance

In this episode of Investors' Hangout, Dhirendra Kumar examines why investors repeatedly fall into the trap of chasing past performance and how market cycles, category leadership rotation, and investor behaviour influence investment outcomes. The discussion spans popular themes such as small-cap funds, silver investing, and shifting asset class performance, offering a framework to understand why recent winners often fail to repeat returns. Without prescribing outcomes, the conversation encourages viewers to think more deeply about portfolio diversification, risk management, and long-term investing discipline, making this episode relevant for anyone searching for insights on mutual fund investing, equity markets, and wealth creation strategies in India.