'Successful investing is a piece of art' says Motilal Oswal’s Raamdeo Agrawal
SummaryWhat is hated is where the biggest opportunity lies, says Raamdeo Agrawal of Motilal Oswal Financial Services in an interview to Mint.
Successful investing is a piece of art," says Raamdeo Agrawal, chairman and co-founder of Motilal Oswal Financial Services. Agrawal, and his team, recently brought out the 27th edition of Motilal Oswal’s Annual Wealth Creation Report tracing India’s successful companies. “There’s a lot of liquidity, the economy is bigger, and the opportunity size in India is growing at 12% every year. You can’t deny it," Agrawal said in an interview. When asked about investment opportunities in a market where valuations have soared, he pointed to a time-tested market wisdom: “What is hated is where the biggest opportunity lies". Edited excerpts: