Capitalmind with Deepak & Shray

Deepak Shenoy, founder of Capitalmind and investment expert, dives into the unseen forces shaping your investments. He exposes how proxy advisors like Glass Lewis and ISS exert influence over fund managers, even challenging big names like Elon Musk. Deepak discusses the subjective nature of index manufacturers, revealing their role in corporate mergers and demergers. He highlights the staggering ₹21 lakh crore stagnant in corporate accounts and offers insights on the pitfalls of passive investing, stressing the need for greater transparency in financial practices.

Deepak Shenoy, founder of Capitalmind and a seasoned investor, reflects on his market predictions over 17 years, including notable successes like forecasting the 2008 crash. He discusses why crashes often arise when cash sits on the sidelines and parallels between today’s AI hype and the 2000 dot-com bubble. Shenoy explores the challenge of predicting real estate and gold markets, emphasizing the unpredictable nature of crowd behavior. His insights on interest rate cycles reveal why predicting them may be easy, yet profiting from them is a different story altogether.

Deepak Shenoy, founder of Capital Mind and investment commentator, dives into the current state of Indian equities and alternative assets. He discusses silver's recent surge and explains the historical Hunt Brothers episode while suggesting silver only deserves a small portfolio allocation. Deepak evaluates gold as an inflation hedge, admits misjudgment of its performance, and warns of potential future price corrections. The conversation also covers foreign stocks for diversification and the risks associated with debt investments.

Discover how unexpected software glitches and legal changes can suddenly collapse markets, as seen with DreamFolks and JSW Steel. Explore the regulatory pressures facing Dream11 and cryptocurrency, and the transformative impact of H-1B visa policy on talent migration. The hosts dive into how passive investing can amplify risks and the importance of diversification to navigate these unseen threats. Tune in for insights that challenge conventional investment wisdom!

Explore the intriguing world of Employee Stock Options (ESOPs) in India, where the trade-offs between salary and stock options can define financial futures. Discover how ESOPs turn into real shares and the nuances of taxation and liquidity before IPOs. Learn about the structure and valuation of options, and why alternatives like RSUs may be more suitable. The podcast also emphasizes crucial aspects employees should consider in their ESOP packages, and shares post-payout strategies to preserve wealth. Get ready to demystify compensation!

Discover how money can be more than just a goal; it serves as a tool for experiences and meaning. The conversation critiques GDP as a flawed happiness metric and highlights the complex relationship between wealth and personal fulfillment. Listeners are encouraged to align financial planning with genuine life aspirations, prioritizing memorable experiences over mere accumulation. Explore the intricate balance of wealth, emotional well-being, and how a shift in mindset can lead to deeper satisfaction in life.

The discussion dives into SEBI's allegations against Jane Street, questioning if their strategies reflect market manipulation or clever arbitrage. Insights reveal deeper issues like tax inequities and regulatory blind spots favoring global players. The complexities of options trading, especially around the Bank Nifty index, are examined. Ethical concerns arise about the implications of trading scandals, while the need for reforms in market regulations is emphasized. Philosophical issues about fairness in trading for retail versus professional investors also take center stage.

Retirement planning in India is evolving. With the rise of nuclear families, individuals now have to be proactive about their future. Discussions include the choice between pension schemes like NPS and UPS, and the importance of personal investment strategies. Behavioral insights reveal how forced savings can aid long-term wealth. The concept of a 'Mera account' is introduced to boost private sector retirement savings. Practical tips on managing volatility and optimizing tax efficiency round out the conversation, making retirement planning both accessible and actionable.

Conflict can surprisingly boost economies, a topic dissected through India's defense spending and its implications for sectors like lithium mining. The podcast dives into the tangled relationship between capital expenditure decisions and wartime demands, suggesting a potential economic upswing in manufacturing. Labor laws, market valuations, and the role of diverse investors in risky ventures spark lively debate. Amid sluggish judicial systems and regulatory challenges, opportunities for innovation and economic growth are ripe, especially as global tensions reshape investment landscapes.

The discussion delves into the perception of mutual funds, likening them to fast food for the investment world. It questions whether they are really just for the middle-class and tackles class distinctions in investment strategies. Insights on liquidity, tax efficiency, and the hesitance of the ultra-wealthy to embrace mutual funds highlight economic perceptions in India. The conversation also contrasts mutual funds with direct investments and explores their suitability for retirement and education funding, ultimately challenging the status quo of investment choices.