Our-Philosophy

1. Churn is called as bad and it’s a myth

2. Churn is good from risk management perspective

3. We are in the business of managing risks (almost 25 types of risks)

4. Reducing, mitigating and transferring risks will give money

5. When risk is managed better, returns are by products

6. Known risk to be managed well

7. unknown risk is not known and cannot be predicted or managed

8. Anything which can be predicted with macro data is known risk

9. Perceived risks vs risk factored in price of the stock or asset

10. Don’t have any love or affection to any stock

11. Churn and timing has to be based on the risk on environment or risk off environment

12. Sectoral performance varies based on risk on or off environment

13. Risk on should be towards high beta

14. Risk off should be towards defensive

15. Most people think churn means lack of clarity, but it has to be taken from risk management Perspective and also macro conditions should be considered

16. Long term or 10yrs risk can be managed, but when you manage your short term or near term risk then you can generate alpha

17. Divide your total portfolio based on Long term view, short term view, medium term view, hedging, cash call

18. Have a combination of all and manage risk simultaneously

19. Markets are dynamic, and data points are changing continuously, then why should our money management style be static ?

20. Buy and hold era has passed, this is an era of dynamic managers

21. Volatility is an opportunity, not a risk

22. Don’t look at any data point in isolation