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7.1 – Expected returns The next two chapter will be very insightful, especially for people who have never been familiar with portfolio techniques. We will venture into the realms of expected return ..

6.1 – Overview This is off topic – but a little digression hurts no one, I guess. Of all the chapters I have written in Varsity, I guess this one will be a very special one for me. Not because of ..

5.1 – Correlation Matrix In the previous chapter, we successfully calculated the variance-covariance matrix. As we discussed, these numbers are too small for us to make any sense. Hence, as a practi ..

4.1 – A quick recap Let us begin this chapter with a quick recap of our discussion so far. We started this module with a discussion on the two kinds of risk a market participant is exposed to, when ..

3.1 – Variance In the previous chapter, we touched upon the topic of expected return, continuing on it, we will understand the concept of ‘Portfolio variance’. Portfolio Variance helps us unders ..

2.1 – Warming up to risk For every rupee of profit made by a trader, there must be a trader losing that rupee. As an extension of this, if a group of traders consistently make money, then there must ..

1.1 – A unique opportunity I’m excited about this brand new module on Varsity, wherein we will be discussing two important and closely related market topics – ‘Risk Management and Trading Psyc ..

16.1 – History and background I know this chapter on Natural Gas is coming in late; we should have discussed this much earlier, probably when we discussed Crude oil. Unfortunately, I missed doing th ..

15.1 – Monsoon blues Back in the day, I traded stocks with ICICI Direct. Around the same time, MCX had just started operations, and ICICI was one of the first brokers to get a membership.  MCX was ..

14.1 – Lead – some history, some basics. Would you believe, if I said that ‘Lead’, as in the metal Lead, played a role in bringing down the Roman Empire? Not Gold nor Silver, not diamonds or r ..