One day vs many years

A few days ago, during an interview, Prime Minister Modi said that the stock market will set new records on June 4, when the election results are declared. Now, a certain breed of trader lives by the proverbial 'tip' and has latched on to this tip with glee. Not just that, a whole lot of people who are interested in stock investing but have not yet taken the plunge have suddenly woken up, so to speak. A friend of mine desperately looking for some guidance on how to start investing is now convinced that he must invest as much as he can before June 3! It's funny how a single statement can set off such a frenzy. Suddenly, everyone's inner Warren Buffett is emerging, and even a guy who never looked at the stock market is now an enthusiastic fan. While the excitement is contagious, it's probably