Dear Investors and friends,
This last few weeks are perhaps the most volatile and fastest markets have been in post 2008. We have the distinction of seeing the fastest fall in stock market history ever. In 19 trading sessions most equity markets have corrected over 20%. And this has come after a long period of low volatility. And as sure as clockwork, we have entered a zone of high volatility.
Investing, is like being in the army, said someone. We have hours of boredom, punctuated by moments of terror. This is one of those “moments of terror”. But we do eventually get to the other side, safely, if we follow our processes and systems which we are trained to follow in times like these, and live to see another cycle. Please remember what you see on CNBC and read on social media is not representative of majority of the country. Optimism and pessimism overshoot on both sides, and boundaries of both can only be known in hindsight.
Please stay safe and take care of your families and loved ones. That is all that matters in the long run. It looks bad out there today. But we will, together, get through this.
If you have any queries or comments, please feel free to write to us or call us.
Regards
Anish
Here is a link of the letter in case you missed it in the text above. Here.
Disclaimer: Nothing in this blog should be construed as investment advice. This is purely for educational purposes only. Please consult an investment advisor before investing.