Saurabh Mukherjea was earlier a big fan of Public Sector Undertaking (PSU) stocks. A few years ago, he had recommended Coal India on the ground that it has "overwhelming sustainable competitive advantages — so strong that you can almost reach out and feel them — and yet are underappreciated by the market".
However, he has now done a somersault and developed contempt for PSU stocks….
If you want an easy way to make money, bet against PSU stocks: Saurabh Mukherjea
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