Market Meltdown, the Virus, and our Actionables

[Investor_No_1]

@zygo23554

I am not excited about buying a high quality business, I am excited about buying a high quality business near to the best price that the market can offer. We can do all the sector related fundamental work we want to (which we will anyway do irrespective of the market situation), in market meltdowns the investors who get their timing right (whether by design or by luck) are the ones who laugh all the way to the bank.

I have huge respect for your views many times on AMC business. I agree we always do Sector/Sub sector discussions irrespective of market conditions. However, it will be insightful to do that with respect to the medium/long term prospects of those same sectors/sub sectors with recent structural change that economy can see in near/medium term as well as knee jerk price changes to same.

Also, for example, if my target stocks to buy in meltdown is an HUL/3M or a M&M/L&T…same strategy and same timing will never work for me. So unless we discuss the timing and related aspects with context to the target stocks in mind…as a group there is no point in discussing on timing the market. That’s what I think and I maybe wrong.

Thanks