INSUBCONTINENT EXCLUSIVE:
1987.
To be sure, the Sage from Omaha did not predict the Covid-19 outbreak in 2020
The two diseases he wrote about were always alive and thriving among stock investors
from the US, the country Buffett hails from.
The virus cases are rising in India too, albeit at a slower pace
The chances of the situation going out of hands in a populous country like India cannot be ruled out, despite the early success
Yet, domestic stocks are rallying, as greed has come into play.
BSE Sensex surged 6,427 points, or 25 per cent, from its March low of 25,638
to trade around the 32,000 mark.
It is polar opposite of the 39 per cent fall the index saw in last two months, falling from its January
Ambani, Senior President and Head of Research at YES Securities.
Buffett in a letter about three decades back said he would never try to
But trying to catch the bottom when volumes are generally low can be risky
History suggests even if you are an early buyer in a crashing market, you can earn disproportionate returns over an investment horizon of
usually has three to four stages and we maybe just past the first stage
In the current crisis, that happened about a week ago or maybe about 10 days ago
We are in a state of panic
enthusiasts from all over the world.
This will be the first time in decades that the much-celebrated conference will be kept limited to
Buffett, investing legend Charlie Munger and a few Berkshire employees.
The event, which attracts more than 40,000 people to Omaha,
Nebraska, every year, has been turned into a quieter affair in view of the coronavirus outbreak.
