The Magic Box Of Long-term Investments
The era of the 1980’s was a BOOM BANG in the Indian Share market where one after another an IPO was knocking the door of investors. The time was seen as no less than OPPORTUNISTIC!! Retail investors , brokers , sub brokers & bookies -everyone saw a golden chance and invested in the share market wholeheartedly. Through friends, relatives, neighbors, colleagues, anyone would come to know about the next talked about IPO and would fill his form to be a cake piece owner of a dream company – to the extent that for many shares trading became their secondary business. But as they say, “Days do not remain the same ” the scam of 1990 brought down the riding bull & with it lay strewn the hopes of thousands of investors into bits & pieces. When hope breaks anger vents. People were just not bearish but shattered enough not to believe in the return of Bull. Some locked their share certificates in dark rooms and some even went to the extent to tear them & burn these deemed to