“Have To Accept Reality”: Future Retail Chairman Kishore Biyani Resigns.
Marks a closure to one of the worst-run groups but not before it made a lot of retail investors lose their investments. Interestingly the AGM attendance to one of their group companies by me many years back made me realize how the real promoter psyche is. Numbers were there to analyze for anyone who cared about them but interestingly too many people just listen to the story and hold on for too long even when the story is not playing out.
Disclosure – I run a SEBI-registered PMS. Views are personal.
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