Not a trading idea but a template to examine which sector to involve in defensive portfolio for long term 10+ years.
for an company to qualify shortlisting it must have-
- company sector must have beaten nifty over 10 yr period
- stock must have beaten its sectoral index for 9 years out of 10.
active template - will keep revisiting .
Credit Cycles and Keynesian Economics : Passive Investing
The boom bust cycles need a safe haven . Indexes track micro economic transactions and the market trading on such transactions are prone to distortions of dominant traders and weak regulators . Gold becomes a hedge against the FED-Wall St nexus.
This pattern doesn't exist in Neo economies as much. Tech...