The valuations of the indian markets may be expensive, but shorting the index in hope that it will give a good correction is peak foolishness.
24000 Nifty can maximum fall 24000 points but the upside is infinite.
#nifty#sensex#stockmarket#shares#stock
Listening and believing people who seem to know what will happen with businesses and stocks,and politics, when the world is full of rare, three standard deviations events, Simply because no one has any idea, and especially those who claim to have some such idea.@safalniveshak
We must not claim to predict the future ourselves too. Instead, all we can do is prepare – because more such rare events inevitably will occur – by cleaning our portfolios of junk, and owning businesses that are high quality and have the capacity to suffer through such events.