INSUBCONTINENT EXCLUSIVE:
A defensive investor can always prosper by looking patiently and calmly through the wreckage of a bear market
times.
As domestic stocks perished in the tsunami of selloff after Covid-19 outbreak and the resultant lockdown made the near future look
uncertain, Sekhar stayed calm and defensive
Who is going to pump-prime this economy back to health is the million-dollar question right now
So, he has kept himself busy largely in research and other businesses through this lockdown.
Sekhar is Chief Ideator at Chennai-based Sebi
registered investment advisory firm iThought, which has an avowed objective of creating sustainable long-term returns and managing financial
risk for investors.
One has to have a clear understanding of where the growth is going to come from before betting on any stock, says the
more as a passion than a way of making money
Earlier, he had rightly called a crash in Indian midcaps - smallcaps in 2017.
Even after the brutal correction, Shekhar still finds midcaps
and smallcaps to be expensive given the economic realities.
BSE Midcap and Smallcap indices are already down up to 50 per cent from their
respective all-time high levels scaled in January 2018
next 2-3 years is still very high for many of these businesses
When you are buying something because an asset is cheap, you are hoping that growth will make superior earnings
decades of investing experience, Shekhar says it is meaningless to chase price performance in the next round of rally
industries over next 18 months
