
Yesterday’s savage fall has spooked the average Raju and he has sworn off investing in equities. Prashant Jain is back at his unenviable job of persuading Raju to change his mind
Today, in the midst of a market meltdown, Porinju Veliyath had the rare distinction of having two of his favourite stocks surge to upper circuits. He used the opportunity to level the ultimate insult on the purists by calling them “amateurs” for not knowing the difference between “great companies” and “great stocks” and buying so-called high-quality stocks at exorbitant prices
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