Liquidity or rather the lack of it is like gravity for financial markets. It’s important to know when to be contrarian and when to go with flow. Don’t know where things will be 3-4 months from now, but near term liquidity might lead to some pain
SEBI circular has lead to frenzy in small cap space... good opportunity for investors who are trapped to dispose loss making positions and move to boring large cap businesses which are out of favour. Don’t know length of rally, but I think investors should avoid excess greed
In life it’s important to choose the people in your life and make sure the right people are in it. It’s similar in stocks where you need to make sure right stocks are in your portfolio and to remove the rest. Wrong stocks or wrong people might end up as lesson for us to learn.
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