“GREED, FOR LACK of a better word, is good. Greed is right, greed works,” goes the famous line said by Michael Douglas in the Hollywood movie Wall Street. The dialogue has assumed cult status ever since it was said in the 1987 movie, and has been widely and frequently reproduced in various forums on investing in the stock markets. Greed—and fear—are probably the two most common human emotions that are talked about in the stock markets even as many believe that trading is best done without any ‘emotional guidance’ at play. Keeping out emotions or biases while picking up the best stock or sector was not possible till a few years ago, as the analysis was done by humans. But the idea to keep out emotions was always in existence. Finally, an industry emerged that showed human emotions the door while enhancing the speed of analysis and, more often than not, at a lower cost structure as well.
Robo-advisory has been in existence for a few years and while it is already a huge industry globally, it is picking up fast in India as well. Simply put, robo-advisory refers to the digital platforms that provide financial advisory services based on completely automated, artificial intelligence (AI)-driven software with almost zero human intervention. While the code is developed by humans, the parameters or filters that it uses to pick the right stock or even suggest replacing an existing stock in one’s portfolio with another is based completely on factors related to valuations, governance and performance, among other things.
Denne historien er fra October 17, 2021-utgaven av Business Today.
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Denne historien er fra October 17, 2021-utgaven av Business Today.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Pension Scheme - Safety Net
The move to introduce the UPS has evoked mixed reactions. Analysts believe its funding will have limited impact on the fiscal math
The Reit Choice?
Real Estate Investment Trusts (Reits) Are Gaining Traction As Interest Rates Stabilise. But Returns Could Be Affected By Adverse Economic Conditions And Market Volatility
CORPORATE - Calling to Account
The sudden exit of Byju's auditor BDO marks the latest in a long series of setbacks for the edtech firm
EMPLOYMENT: Skills Push
The skill development ministry plans to partner with the UGC to improve the employability of undergraduates
Building on a Vision
L&T'S CHAIRMAN EMERITUS A. M. NAIK HAS BUILT A MAMMOTH ENTERPRISE THAT IS BUILDING A NEW INDIA, FROM ITS METRO RAIL SYSTEMS TO THE RAM TEMPLE
"KYS more important than KYC"
Vijay Kedia is a renowned equity investor; the value of his listed portfolio stands at around ₹1,750 crore
ROXX STAR
THE THAR ROXX COMBINES LUXURY WITH PERFORMANCE TO MAKE A STRONG STATEMENT IN THE MID-SIZE SUV SEGMENT
HIT THE GROUND RUNNING
Smartwatches have become indispensable tools for runners, offering real-time insights into pace, distance, heart rate, and more. Here are a few you can consider
TURNING THE TABLES
INDIA'S FURNITURE MARKET IS POISED FOR A GLOBAL TAKE-OFF. ALREADY, A HOST OF GLOBAL BRANDS HAVE MADE THE COUNTRY THEIR HOME, BUT INDIAN COMPANIES ARE NOT TOO FAR BEHIND
THE EVOLUTION OF ATHERA
IDENTIFYING OPPORTUNITIES IN ADVANCE HAS STOOD THIS BENGALURU-BASED VC FUND IN GOOD STEAD. NOW, WITH A HEIGHTENED FOCUS ON TECHNOLOGY, IT WANTS TO SUSTAIN THE SUCCESS