As Howard Marks brilliantly puts this across in his recent newsletter,“The more you want to garner potential gains and don’t mind mark-to-market losses, the more you should invest here. On the other hand, the more you care about protecting against interim markdowns and are able to live with missing opportunities for profit, the less you should invest.” … [Read more...] about Equity investment – should we invest all at once or in a staggered manner?
Q) What are your views on the financial space? Does it look like the smart money is moving from financials towards defensives' names?A) Yes, the money is moving to Pharma and FMCG sector. Pharma stocks, which had lost the tag of "safe" stocks, have partially got it back, courtesy of the virus. … [Read more...] about ‘SBI Life Insurance could turn out to be a multibagger in the next 5 years’