What is expert's advice for investors amidst lockdown?
What is expert's advice for investors amidst lockdown?
Share:

The diaries of Warren Buffett, the founder-chairman of Berkshire Hathaway, the world's wealthiest company, and Charlie Manger, vice chairman, are completely empty. Like other people of the world, whose diaries have nothing special written on it. In an interview to the Wall Street Journal, the 96-year-old Manger recently stated that Berkshire Hathway is not currently thinking about any investment. Interestingly, Berkshire Hathaway has cash of around $ 12,500 million, or around 10 lakh crore rupees. No company in the world has this much cash at this time. Above all, in all the conditions around the world, every kind of property is available at a very cheap price. Mangar says rightly that the global situation at this time is beyond his comprehension. Rather anyone is incomprehensible. Therefore, it is better to invest anywhere at this time and repent later, just hold the cash tightly and let the time pass.

RBI Governor said this about economy

Regarding this matter, Manger says, "What is visible right now is really different. Everyone is talking as if they know everything about the future. But the reality is that no one knows what is going to happen." According to Charlie Manger, this is a time when you have only one work to do, no other work. That is, stay exactly where you are. The best solution is that do not take any remedy at this time. The only thing that can be asked now is whether you have any proof that whatever you want to do, will there be any change in the current circumstances or will it be better? ''

Crisis on small entrepreneurs due to lockdown, entire chain is deteriorating

They say that if you do not have any such proof, then it is not right for you to do anything. But it is less likely that people will be seen waiting for a better situation than the current situation. Right now, it is more likely that people will give more feedback. It is natural that many people will take advantage of the current situation to search for or earn some extra money in a hurry. If you are also one of those who are thinking about earning something by taking advantage of the prevailing conditions, then I would say that stop your greed horse and follow the path of Buffett and Mangar. Leave it for long periods, it is difficult to say anything with a bang for medium and near term. So do not try any such thing. As these two elders believe that there is no shortage of people who do not know anything, but they buy it as if they know it all. Do not listen to them, they are just things.

RBI cancels license of Mumbai-based CKP Cooperative Bank

Join NewsTrack Whatsapp group
Related News