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Dr Sanjay Chaturvedi, the editor of Accommodation Times, a leading publication, has sent the grim warning that the worst is still to come for the realty sector and that investors should dump realty stocks now
Rakesh Jhunjhunwala, the Badshah of Dalal Street, is a multi-billionaire today because of his superb sense of timing and mastery of stock picking. He has sent all of us the clarion call that the beleaguered realty sector is close to bottoming out and that the time is ripe for us to gently start loading on to these stocks
Howard Marks has drawn a masterful distinction between “fundamental risk” and “investment risk” and explained that while a top-quality stock may not have “fundamental” risk, it carries an “investment” risk if we overpay for the stock. The vice-versa is true for a low-quality stock quoting at throwaway valuations, he says. The moot question is how we can apply this wisdom to a real life situation
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