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Concentration | Diversification | Portfolio Management

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If Christopher Nolan is my favourite Hollywood filmmaker, Vishal Bharadwaj is my favourite Bollywood filmmaker. Check this out from his 2003 movie, Maqbool (based on Shakespeare’s classic, Macbeth). This is one of my all-time favourite quotes from his movies. OK, if you don’t understand Hindi, let me translate it for you. Now, you might be wondering how this quote or scene from the movie is relevant to portfolio allocation strategies in the stock market. Just bear with me for the next three to four minutes. And you will get the drift if you haven’t yet. 🙂 Investors often look at the survivors or the outliers and wrongly believe it to be easily replicable. Let me give you two examples. Raj, who has always maintained a 4-stock portfolio, has grown his equity investments at 25% CAGR over 20 years. Rahul, with a 100+ stocks in his portfolio, has compounded his capital at 25% CAGR over 20 years. One is a super-concentrated investor. The other is a super diversified investor. However, the p

Concentration | Diversification | Portfolio Management In the tussle of return expectations and risk management, how much do you think about concentration and diversification in your equity portfolio? Zen Nivesh and Ankit Kanodia May 13, 2025 12 3 Share If Christopher Nolan is my favourite Hollywood filmmaker, Vishal Bharadwaj is my favourite Bollywood filmmaker. Check this out from his 2003 movie, Maqbool (based on Shakespeare’s classic, Macbeth). This is one of my all-time favourite quotes from his movies. OK, if you don’t understand Hindi, let me translate it for you. Now, you might be wond

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