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India is currently by far the most expensive stock market in the world. The probability that the current returns can also be generated in the coming years is not particularly high. 🤷
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@Epi I thought you preferred the momentum approach to value investing? 🤔
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@Soprano I do. But the contributor's argument was based on value. From this perspective, India doesn't make much sense right now.
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@Epi But that's true. In the second sentence, he talks about growth. But in the last sentence, the point that "tech has run ahead" naturally also applies to India.
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