Today, I went to a meeting where some new traders and investors had gathered. We were there primarily to discuss the Indian market, but the majority of the questions were related to the stock markets of China, Pakistan, Turkey, Japan, and South Korea. The questions focused on why some stock markets continue to grow despite economic problems, while others donât grow at all, even when their companies are very large. For example, Samsung is a massive company, yet in terms of valuation, it might be one of the cheapest global companies (if anyone is curious about this, search for 'Korean discount' on Google). After that, we discussed countries like Turkey, Pakistan, and the UK, questioning why their stock markets perform well despite economic challenges. The main concern was whether the Indian market might face something similar. Today, one thing became very clear to me: people are not afraid of a stock market crash; they are more worried about whether the stock market will bounce back or not. The four of us present at the meeting were there to answer questions, but we just kept looking at each other and laughing because these types of questions had never crossed our minds before. The stock market is somewhat unique, it looks at the future of a country, not its present. Understanding this concept is crucial; once understood, such fears wonât trouble the mind. In fact, one person personally asked me today if itâs possible for gold prices to drop to a certain level and never reach an all-time high again. However, seeing that Indian investors and traders are becoming significantly smarter with time was really heartening.
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