Whatsinthename
Paytm has been the biggest Wealth destroyer in recent times .
From 2,150 IPO listing price to 346, 84% wealth erosion.
9mo ago
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Curated from across
From 2,150 IPO listing price to 346, 84% wealth erosion.
Two exercises
I understand retail investors who got burnt here. But remember how many mutual funds brought tham during ipo and then later post ipo. Imo they so-called analysts are not worth the money paid. Till date market is on a one way direction so all these mutual funds were looking like geniuses, we will know the smart and the dumb money when the market starts going sideways for a decade.
Good time to average now? I just started buying my first set of shares from today. 10 each day for 1 week
There is a reason, retail stock investors are known as dumb money.
Retail investors should have been cautious and should have done their research, Instead of relying on tips..