It happens very rarely that there is a choice to be made between two crystal clear options like ‘the world will come to an end" case and “the world will not come to an end" case. This is a year that will be referenced by many a stock market warrior in the years to come. So, let me share what I learnt in 2020 with a short story of my interaction with an equity investor. When this investor spoke to me in early April 2020, obviously she didn’t care for the position in February 2020. By end March 2020, it did not matter what one was holding, everything collapsed; there was a 35-40% decline.
Source: Mint December 29, 2020 10:18 UTC