One of the biggest misconceptions that persists in India is that: It is easier to game the system in a PSU bank as compared to a Private bank. It is a Classic example of Armchair Analysis. Problem is that when the narrative is so strong, few bother to look at historical data. When we talk about capital allocation in Investing.. Please understand that the government is the biggest capital allocator. And the government has allocated capital really well this time. Please understand that earnings may continue to grow at 15-20% for many companies for the next 4-5 years.. But if PE is derated from 60 PE to 30PE, you wont make any money. Sadly, many new investors who learnt their game between 2011-2020 are not well equipped for whats coming in this Ocean of Stock Market Investing. Its still a Polarized Market, Albeit less than what it was 2 months ago. Pick your Sectors and Stocks carefully. Tectonic shifts happening globally. Double down on cyclicals. There is enough counter cyclical buffer. Regards, KIRAN SHETH (WOLF OF INDIA). 2.1K views15:10
