Growth investing has to go beyond the obvious4 min read 21 Nov 2017, 04:53 PM IST
If you want to grow your investment ideas, you need to demolish your expectations. The art of waiting becomes the most important
I find nothing exciting to buy now." I was surprised to hear this and other similar views from exasperated peers at a recent event. Such statements echoed in that chamber which was hosting about a hundred investors from across the country. That evening, I wondered what such interactions really meant to me. There weren’t any obvious great ideas in the market to invest in. The obvious ideas had all been taken, occupied by early-stage value investors, momentum investors, and mutual funds. So, investors are left with mostly tough choices. What makes the choices tough is that they don’t look greatly promising in the near term. We all knew it. So, why complain? All we needed to do was study the available choices and then decide if we need to try something new in our investing approach.