When good businesses are at good valuations, do you buy them or not?
It all boils down to this.
When stocks are up, everyone’s waiting for ‘better’ prices. When stocks correct and are at ‘better’ prices, rarely the same people have courage to buy at lower levels.
If you like a stock at ₹100, you should love it at ₹80.
The tragedy when stock market falls is either people are out of cash or out of courage.
