Unseen rule 1 :: whatever be the reason, never justify the valuations of a rising stock price
Unseen rule 2 :: whatever be the reason, never defend the quality/reason of a falling stock price
Unseen rule 3 :: never react in an impulsive manner to a rising/falling stock price
More from Conviction | Patience
You offer me 80% cost arbitrage (discount relative to Japan/EU/US) along with low confidence / assurance on Critical Success Factors and I won't give you a single NCE/NBE to discover, develop or manufacture. Capex/opex arbitrage is too low in the disruptive-science-pecking-order! https://t.co/O2l8dK4BUv
@unseenvalue Given high capex/opex cost structures of US/Japan/EU, how will they be able to compete with Indian API companies? https://t.co/OYhC2PUZpL
— Hiren (@hiren_investing) August 11, 2021