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Competence and Wealth Advisory

  • Anup Bansal
  • Dec 31 2012
Estimated reading time: 3 minutes 6 seconds

It is a given that competence is required to produce anything valuable, to service clients and in general, to be successful. However, the question that needs to be asked is, is competence demanded and valued by everyone in a profession. Having been trained as an engineer and technology professional, competence and continuous learning are traits that are taken for granted in the engineering and technology industry. Is this true in the Financial Services Industry where an insurance agent and a mutual...

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June Newsletter - 2019

  • Mitraz Knowledge
  • Jun 30 2019
Estimated reading time: 10 minutes 40 seconds

KNOWLEDGE - DISPOSITION EFFECT BIASSymptoms - This refers to a tendency to label investments as winners or losers on the basis of unrealised gains and loss.Effect - Investors tend to sell their winners too fast and hold on to their losers. Studies have shown that on an average, the winners have performed much better than the losers. The portfolio return suffers over the long term because of selling the winners in an attempt to protect short term return. Also, the investor loses the chance to balance...

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February Newsletter - 2019

  • Mitraz Knowledge
  • Feb 28 2019
Estimated reading time: 11 minutes 51 seconds

KNOWLEDGE - NARROW FRAMING BIASSymptoms - Insistent focus on the performance of individual securities, looking at individual asset class performance in isolation.Example - Gold which is used to diversify the risk involved in high equity allocation is considered a bad decision once the equity part has performed good without considering that gold was a part of the portfolio and is looked in isolation on the basis of returns.Effect - A narrow framing bias leads to frequent exits or lower investments...

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Disclaimer - Mitraz is NOT a Loan Provider.

It is a Wealth Management & Advisory Firm.