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Raamdeo Agrawal Is Not Hunting For Value Anymore
The Motilal Oswal chairman explains how the last four years have reinforced his faith in quality and growth.
One of India’s best-known value investors is no longer going after value.“Value is out of fashion right now, deeply out of fashion. Even Warren Buffett is having a tough time,” Raamdeo Agrawal, chairman of Motilal Oswal Financial Services, said at a PMS AIF World event in Mumbai. “Earlier you used to buy cheap. If you end up buying cheap, you were guaranteed to make money. That's not the scene now.”India’s equity benchmarks have been...
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