You might see Nasdaq at 30% fall, but do u still feel that all components are available at good valuations…Nasdaq is still 16-17% high compared to pre covid levels…what makes u think US indices will be 12-13%, is it because data shows that in last 10 years which happened to be one of the biggest bull phases in US equities…In last decade, US nominal GDP (real gdp+inflation) grew at 6%…Normally index grow at nominal GDP levels, so US index ran faster than their growth…comparitively, with 12-13% nominal GDP growth in 2010s India index was growing at 8-9%…rupee depreciation will definitely give u 3% additional cagr for US investments, but 9-10% would be the ideal expectations including currency returns…India is poised to give better returns than this

Perfect example! Thanks

What are long term cons and benefits

what’s the big deal in giving 4 to 5 times in 5 yrs when the company has given more than 100X in 10 yrs ( actually 5 yrs. But didn’t do anything in next 5 yrs). It took the route of risky markets of Latam where very few had dared to enter. It was highly successful in entering and entrenching themselves. 10% to 15 % growth in existing market should be easy. They are also entering new Latam mats like chile , mexico, brazil…and I think they just need to replicate their success in these new countries of a similar market.

USA seems to be a risky one. They claim to be addressing the bottom of the pyramid and so are not competing with other players in USA. Only time will tell.

They have been good executioners and that is what makes me confident that they will continue to create wealth though at a much slower pace. But that slow pace should be much higher than the market pace.

Disclosure: Invested since a long time.

It is a possibility that this number can exceed if India and Europe also start using LGD