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From the Uttar Pradesh Elections to Trading - A Strategy That Works - Views on News from Equitymaster
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The Equitymaster Research Digest

From the Uttar Pradesh Elections to Trading - A Strategy That Works
Mar 15, 2017

  • Why SCOREFASTTM could generate outstanding returns
  • What Pidilite's management is saying that others are't
  • Is gold making money?

Sweeping the elections in India's largest state after decades was no mean feat for the BJP. Political analysts attributed it to a 'five-layer cake strategy', which party devised specifically to address the challenges in the state. The strategy was hardly foolproof, but there's no denying the unprecedented results.

For a strategy to work, it needs to maximise the upside and minimise the risk. Charlie Munger once explained the strategy of a pilot...

  • Like any good algebraist, the pilot is made to think sometimes in a forward fashion and sometimes in reverse; and so he learns when to concentrate mostly on what he wants to happen and also when to concentrate mostly on avoiding what he does not want to happen.
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