It is a quote from Vladimir Lenin, a revolutionary leader of Soviet Russia.
Ironically, it describes the nature of the stock market very well.
In 2020, the SENSEX crashed 38% in a matter of weeks. Many investors lost their years of investments. But the impact is that the COVID19 has probably changed the world forever.
Recovery is certain. But, it has the investors wondering if the rules have changed.
Is this Covid19 crash a paradigm shift to the stock market?
Should investors reevaluate the fundamentals they have learned over the years?
If it is, indeed, changed, how should investors approach investing in the equity market?
Mr. Nilesh Shah, Managing Director of Kotak Mutual, shares his views with a real-life experience from the Covid19 stock market crash.
Watch this insightful video to discover what has really changed post Covid19.