Bharat Shah began his investment journey in the 90s, after he left his job of financial controller at Asian Paints and joined the mutual fund industry. ASK Investment Managers manage ₹35,895 crore worth of investor assets, across PMS and Alternative Investment Funds (AIFs). With three decades of experience in markets, Shah has seen it all — the 2001 dotcom bubble, the Lehman Brothers crisis that trigged the global financial crisis in 2008, and more recently the Covid-19 pandemic. Shah adds that it is important to act with a margin of safety in your favor, rather than margin of hazard. Focus on absolute returnsAccording to Shah, investing over a period of time has to achieve absolute positive return.
Source: Mint October 20, 2022 15:21 UTC