Investing Lessons (Insights) from Note on the eve of Unitholders Meet - 2021 (@RajeevThakkar@PPFAS)
Patience
Opportunity Loss
Loved The Cricket Analogy (Best One)
Why Should Invest International?
What is obvious today in hindsight was not necessarily obvious while investing real time.
International investing should be seen only from the point of view of increasing diversification and
the opportunity set and not to predict as to which market or which sector will do better than the other.
“For the investor, a too-high purchase price for the stock of an excellent company can undo the effects of a subsequent decade of favorable business developments.”
“Never invest in a business you cannot understand.”