News: Virus will pass, so will the opportunity Read -07-04-2020
Update On: Apr 7, 2020,
Global and domestic equity markets have seen significant correction and most major indices are down about 30%. There is panic, negativity and pessimism all around. These sentiments remind me of the golden words of legendary investor Warren Buffett: “Be fearful when others are greedy, be greedy when others are fearful.”
It is not the first time the markets have seen such a correction, nor will this be the last one. The table here highlights major corrections in Indian capital markets over the last two decades triggered by global factors and the subsequent returns over the next five years. The healthy returns on investments made around these difficult times suggest something very counter-intuitive the best investments are made in toughest of times.