Stocks + Asset Allocation

It has been over a year since the 'Janata Curfew' of March 22, 2020, which paved the way a few days later for the full-fledged lockdown from which we have still not recovered fully. Except, of course, the equity markets. One of the strangest phenomena of the last 12 months has been the course of the equity markets. Back in March 2020, I was actually looking forward to a prolonged period when I could pick and choose great stocks and buy them at exceedingly attractive valuations. However, as it turned out, that period was surprisingly brief.