Here’s a stab from Rohit Chauhan’s model portfolio update.
As an investor, our portfolio cannot be built on hope. As a result, i am not picking or retaining stocks based on some macro event or grand thesis playing out (restructuring of PSU or removal of subsidies etc). I would like to hold companies in the portfolio which can perform inspite of the environment and not because of it.
All my investor/trader buddies are excited about the recent bull run and the prospect of Modi as PM.
Exact words that I want to convey to my enthusiastic investor buddies!!
Totally agree with him. And interestingly this applies not just to stocks! Just substitute portfolio with career!!