Stock-picking is not over, but the way to achieve better returns is changing. Most investors are missing the real story. Devina Mehra of First Global highlighted that a narrow rally last year meant many portfolios suffered even as indices rose. She stressed that diversification is mathematical, not magical, and global investing is key.
Devina Mehra of First Global asserts that alpha is not dead in Indian markets, though the approach to achieving superior returns has evolved. She noted that many portfolios underperformed last year despite rising indices due to a narrow market rally. Mehra emphasized…
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