Letter No. 142

The article separates the romance of the “multi-bagger” hunt from the arithmetic behind it, showing that spectacular winners are often as much a product of cycle, starting point and survivorship bias as stock-picking brilliance. Its central lesson is simple but important: finding big winners matters, but knowing when the odds of finding them are favourable matters even more.

Read more: https://tinyurl.com/2s469v6p

Disclaimer:

Information in this letter is not intended to be, nor should it be construed as investment, tax or legal advice, or an offer to sell, or a solicitation of any offer to make investments with Buoyant Capital. Prospective investors should rely solely on the Disclosure Document filed with SEBI. Any description involving investment examples, statistical analysis or investment strategies is provided for illustration purposes only – and will not apply in all situations and may be changed at the discretion of the principal officer. Certain information has been provided and/or based on third-party sources and although believed to be reliable, has not been independently verified; the investment managers make no express warranty as to its completeness or accuracy, nor can it accept responsibility for errors appearing herein.