"It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent." Charlie Munger (source: CNBC, https://cnb.cx/3QZ3jFu)
"Even if we think we know what's in store in terms of things like inflation, recessions, and interest rates, there's absolutely no way to know how market prices comport with those expectations. This is more significant than most people realize." Howard Marks' memo to clients, July 2022 (source: Oaktree Capital, https://bit.
Are you one of those who are:
- Completely on top of macro trends from the latest Federal Reserve announcement to the hottest data on fund flows?
- Keeping track of share prices and P/E multiples all the time?
- In a country where managerial talent is super scarce, the PSUs unfortunately cannot afford to hire and retain good talent
- Up to date with the latest gossip in the corridors of power in Mumbai, Bengaluru, and Delhi?
Despite doing all this hard work, do you find that none of this has helped you make money in the post COVID rally? If so, fear not. Help is at hand. Here are revealing three simple techniques which can help almost anyone make money in India.
1 Benefit from the steady decline of PSUs
This story is from the September 2022 edition of Wealth Insight.
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This story is from the September 2022 edition of Wealth Insight.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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