Some people are afraid of the stock market – it’s a gambling den, they say. Stocks move for no reason, and sometimes, they do not move even when there are good reasons for them to. In certain cases, news seems “manufactured” to make the stock look attractive, just before it crashes. Certain companies only advertise on channels such as CNBC-TV18, just so they will be noticed by traders who might buy their stock and make it go up.
While it is true that some stocks are manipulated, the amount of manipulation you perceive is directly proportional to the amount of money you have lost in the market. It is illogical to presume that broad markets are rigged against you if it has given you a compounded return of 12 per cent in the last 18 years; if anything, it has been rigged in your favour.
We’ve never let some of our largest [...]
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