A manifesto for equity investors

As I write this on the morning of October 9th, I'm feeling more than the usual optimism about India's future, as every right-thinking person is. Of course, it's also when most equity investors and analysts worry about the markets being too high. Based on what I've been writing these last few weeks, I, too, am guilty of doing this. However, my point has not been that investors should try to time the market and stop investing or even sell out. Instead, I worry that investors will lose sight of quality and start buying junk. Yes, the markets appear to be high, but so what? Suggested read: Clean-up time In our hearts, we equity investors are eternal optimists, mixed with some caution. Our fundamental belief is not in blind positivity but in resilience, growth, and progress. With unwavering conviction, we understand that