Timeless principles of investing with Sankaran Naren
Zerodha Educate
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Is Gold a Residual as at Class?
Gold is one of the most controversial ased classes. Some people like noarmafad jasons wi, they say it's a useless, shiny rock. And there are some epeople who think it's an insurance against apopolyps. Recently, we went completely wrong on gold in our multi aset fund,. But out of the blue, you know what happened? A customs duty on gold increased by five %. We make made money because of the five % increase in customs duty. So that is why i say it’s a residual, a set class. On the other hand, if all the ater aset classes are cheap, we don't need to invest in
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