In past 2 days, I’ve been heavy on buying.
No matter what someone thinks or says, I’m interested in buying when stocks are cheap. Especially when I get undervalued businesses with promising earnings.
And I saw that opportunity in past 2 days. I loaded up.
Some stocks I bought traded at valuations lower than Covid lows. Prices I saw in Covid crash.
It’s a no brainer opportunity, especially when Nifty is at all time highs and you get individual stocks this cheap.
I bought nearly 10% worth of my portfolio in past 2 days itself. That’s the quantum of buying.
I’ve NEVER bought so much (in absolute numbers) ever in past more than a decade of my investing journey.
And let me be clear, I have a preety good long term horizon. I don’t expect massive returns next week or month.
These businesses I bought are going to make me money in long run. And that is what I care.
The 15,000 gang is crying. Nifty is now at 26,000.
The same naysayers who are crying right now will see opportunity slip right thru their eyes. They’ll cry hard when they see the same stocks making 5-10-50x money in next few years.
