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Private Briefing: A Very Close Call... - Private Briefing

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Private Briefing: A Very Close Call...
Nov 18, 2017

Perfect timing, Moody's.

Just when everyone seemed to be running out of reasons to justify the rallying stock prices, the ratings upgrade breathed fresh life into it.

We tuned into the idiot box to peek into the views floating around.

The ratings upgrade had made the big bull even more (if that was ever possible) bullish on India.

It made the politicians even more certain they have been right all along.

And of course...it brought relief to all the 'experts' who had been championing the hollow rally.

You, dear reader, are probably in one of two camps.

You missed most of the rally waiting for the correction...and now that seems even further off. So you are missing the juicy gains.

Or you have bought into the New India story completely and are fully invested...in which case you are expecting massive gains.

We don't know which view wins. That's impossible to tell until the results are out.

But we do know one thing...

Most of you are wrong on the point of 'risk adjusted returns'.

Wait! We are not about to go technical on you.

All we want to say is that a lot of people we meet don't realise the risk they are carrying.

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