Stock market appears to be high: What strategy should equity investors follow now?
I’m feeling extremely optimistic about India’s future, as every right-thinking person would be. Of course, it’s also a time when most equity investors and analysts are worrying about the markets being too high. Based on what I’ve been writing these past few weeks, I, too, have been guilty of this. However, my point is not that the investors should try to time the market and stop investing, or even sell out. Instead, I worry that investors will lose sight of quality and start buying junk. Yes, the markets appear to be high, but so what?
At heart, we equity investors are eternal optimists mixed with some caution. Our fundamental belief is not in blind positivity, but in resilience, growth and progress. With unwavering conviction,…
