Average fund managers not data-driven; their biases hurt investors, says Devina Mehra of First Global
Elections 2024 & Stock Markets: ‘Stop predicting, start…’ says Deepak Shenoy of CapitalmindMehra further wrote that for most people, it is virtually impossible to ignore their incentives or political biases and look at data objectively."Whether blinded by their biases or incentives, these reversals show that your average fund manager is not fact—or data-driven. Eventually, this also shows up in the performance—which hurts you, not them, Mehra wrote.In another post on X a week ago, Mehra said she remains positive about the Indian stock market in the medium term.However, she pointed out that the market may see volatility in the short term.
To mitigate this, she suggested remaining fully invested but buying insurance via hedges to manage potential downsides. As per her, this strategy may incur costs, but it is a prudent measure to avoid significant losses.She emphasised the importance of staying invested to capture market gains, noting that missing one of the best days each year can drastically reduce overall returns.Also Read: Stay invested, be hedged, prefer largecaps: Devina Mehra decodes stock market trading strategy amid high volatilityDisclaimer: The views and recommendations above are those of individual analysts, experts, and brokerage firms, not Mint. We advise investors to consult certified experts before making any investment decisions.Milestone Alert!
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