Who are you?
In India, a democratic country that believes in freedom of speech, every Indian citizen has a view. And when it comes to stock markets, it is often very difficult to change the perception. As someone rightly said, there is nothing called long-term investor and short-term investor, but there are informed investors and uninformed investors. We believe that there is one more class, apart from these set of investors. The trader or punter or the sattawalla.
Informed Investor | Uninformed Investor | Trader/ Punter/ Sattawala | |
My view on… | |||
Stock market is | An efficient platform | Scams | Casino |
Equities are | Better investment avenue | Very risky | Fast money |
Risk profile is | Moderate | What is the risk? | Who cares? |
Return expectations is | Moderate | If it works, it works | minimum 100%, in one month |
Investment horizon is | 3 to 5 years | Short-term works | Less than 1 day |
Buying strategy | Regular investor | when market is close to peak | What strategy? |
Fundamental analysis | Works | Makes sense, but… | Who cares? What is the target price? |
Company management | Extremely important | Indifferent | Does not matter |
Technical analysis | Not my cup of tea | Seem to work at times | What is the target price? |
Research Report is | A balanced scorecard | What is the target price? | What is the stop loss? |
Stock price reflects | Growth prospects | Not so clear | Don’t care |
A broking firm is the one that | Does what I say | Knows in and out of markets | Gives tips |
Media/Newspapers are | Used as updates | Experts in equities | Source for tips |
Harshad Mehta/Ketan Parekh | Unlikely role models | Made money | The Gurus |
Rumour mill | Doesn’t get swayed | Easily swayed | Fast cash |