Past 2 months were indeed a wild ride for investors. We witnessed a very volatile start for the year, continuing from last year’s fall stemming from oil rout and worries about China’s economy hard landing and the collapse in China A Shares.
But all of a sudden, the market sprang back to life past 3 weeks. And it came back strong, rising fast and furiously to end at 2828 yesterday, an almost 12% rise from the low point of 2528 few weeks ago.
It was at this time that investors, including myself, found that their investment philosophy, hypothesis about a company’s merit of investment, and their decision to buy, sell, or hold specific counters get tested to the max. The reasoning, conviction, and course of actions laid out in advance, that were supposed to guide you through the bear market, get thrown out of the window. Some people hide, some ...
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