Three investors, one truth

Summary: Even Isaac Newton lost money in a bubble. Markets have always had their agony aunts and amateur trend-chasers. The rare investor is the third kind and his mantra is worth knowing. In a busy tea stall near the stock market, all eyes were fixed on the ticker. No one could explain why stocks had corrected that day. Was it a flare-up between Russia and Ukraine, tensions involving Iran and the US, fresh uncertainty around the India-US trade deal, friction between China and its neighbours, or fears of an AI bubble bursting? Everyone had a different theory. Over the past year and a half, unsettling events have arrived in quick succession, keeping volatility high and investor nerves on edge. That afternoon, three characters stood o

This article was originally published on March 20, 2026.