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Devina Mehra: What makes investors do the very opposite of what they should?

It’s closely linked with the reason that many equity market experts like to offer data-free opinions. When narratives overshadow market data, it’s easy for investors to go wrong.

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Devina Mehra: What makes investors do the very opposite of what they should?

It’s closely linked with the reason that many equity market experts like to offer data-free opinions. When narratives overshadow market data, it’s easy for investors to go wrong.

During the 200407 bull market, the BSE 500 TRI (total return index) quadrupled from around 2,000 to nearly 8,000. The Sensex doubled from the start of 2003 to the end of 2004 and then tripled again o…

Originally published by Livemint. Read the full article →

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