Note that in playing the individual stocks game, you are pitting your wits against US based hedge funds – cut throat, they have superior knowledge, it’s their home turf, they can meet management in person etc.
I have domain knowledge in electronics, semiconductors, communication, AI etc. I am gambling with a small portion of my networth in domain related stocks via a dollar cost averaging BUY and long term HOLD strategy. I am humble to recognize that “gambling” is not an overstated. Considering theeffeciency of US markets, it is sheer hubris to think otherwise. By playing in domain, I am just stacking odds slightly more in my favor.
In india, since the whole economy is expected to grow over multi decades (that’s the hope anyways), market cap of many mid and small cap too small for global hedge funds to bother, also, we indians better feel for our economy, dabbling in individual stocks with a portion of your net worth makes sense. Stock selection mistakes, IMHO, will be less disastrous in India.
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