- Ramesh Damani is among India’s best-known long-term bulls. Son of a stockbroker and trained under value investing legend Chandrakant Sampat, he built his reputation by spotting the 1992 Harshad Mehta crash early and has remained consistently bullish on India’s long-term growth story for over three decades. Known for his CNBC appearances and deep conviction in compounding, Damani has long backed India’s consumption story as a multi-decade secular bull market.
- Chasing top-performing funds is one of the most common investing mistakes. Recent winners do not always remain future leaders, as market leadership, fund rankings and investment themes keep changing. Long-term wealth is built through discipline, consistency and alignment with financial goals, not by constantly switching to yesterday’s best performer.
- Positive rule changes for share buybacks as SEBI will allow open market buybacks again from 1st August with stricter safeguards. Open market buybacks will be capped at 15% of paid-up capital and free reserves, promoter holdings will remain frozen during the buyback period, buybacks must open within four working days and close within 66 working days, and shareholders must be informed electronically within one day of the announcement.
- Investing purely on tips and recommendations can be risky. Advice is everywhere today, but every investor has a different risk profile, time horizon and financial goal. Wealth is created through process, discipline and proper asset allocation, not by blindly following WhatsApp tips or social media calls. Before investing, every rupee should have a purpose, a timeline and alignment with liquidity needs, especially for money required over the next 1–2 years.
- An interesting market pattern shows that every four years in July, markets have seen a major correction — July 1998 down 23.71%, July 2002 down 32.41%, July 2006 down 9.60%, July 2010 down 18.94%, July 2014 down 11.05%, July 2018 down 19.27% and July 2022 down 19.92%. Whether July 2026 follows the pattern, time will tell.
- Never ask only where gold is going — ask why the world’s biggest investors are buying it. The real question is not the price, but whether the reasons to own gold have changed. Gold may correct sharply, but corrections do not end a bull market; they test conviction. The next major move in gold will depend on central bank buying, real interest rates, fiscal discipline and confidence in fiat currencies, not just headlines.
