An act of optimism

Pessimists sound smart, but optimists make money. Our cover story of 'Mutual Fund Insight' April 2023 issue is the ultimate exercise in optimism. Somewhat unusual among our cover stories, it's not about a specific type of investment but the broad concept of equity investing and some fundamental reasons why this is the only way to invest. Our story here will play out over decades and has been playing out since 2014. At this point, the tremendous pace and scale of change that the country has picked up is no longer a matter of optimism but of fact. We have done this cover story because when you assemble the facts from the diverse areas, only then do you see the full picture of where the country is going and how far it can go. To be sure, there are plenty of naysayers. Many people will give you cogent, well-worked, intelligent-sounding reasons why reality is no