this was first published in Cafemutual’s magazine…I thought my readers should also have a benefit of this Fund manager’s writing….who is he? Well see at the bottom. If you want more details Google. If you want benefit of his work, invest with him….!!

read on…..

Just two months ago we were roaring with you, dear Nifty

All of a sudden though, we’ve all turned quite shifty

Far from turning to the market gurus to inspire us,

We have turned a population terrified of a virus

But let’s hang on a second, and see beyond the panic

The market now is just as irrational, as it was when it was manic

So, instead of waffling and worrying without a clue

Let us just focus on the sensible things to do

As far as we can see, nobody’s gotten over their need to eat

And not all companies have a hole in their balance sheet

Sure, some banks have caused much sorrow,

But there are others, stronger, from whom the world will borrow

Last time we checked, people still brush their teeth

And nobody is thinking only about laying their own wreath

The virus, if anything, has increased the awareness of the soap

As long as people use it, we guess there’s still hope

No, the virus can’t mask the nature of the human

We normally fight it out to a world with a brighter lumen

Not saying that all investors in the market will stop their bleed

Just the ones who had gotten better of their fear and greed

Let’s manage our investments just like we do our household

We buy things only when they are worth it, be it grocery, or gold

We are usually happy when the prices of grocery and gold fall

So why is it when the market falls, we can’t take it at all?

‘Tis just that for our normal buying, the prices we don’t predict

How its going to move later, cause there’s no such edict

So let’s focus on the business and the price, like a good buyer

Without bothering if its share price immediately goes higher

Buying during a panic isn’t being foolishly brave,

Just that a good asset is reasonable only during a shock wave

Safety is not just about staying away when prices fall

‘Tis also about staying away when they seemed too tall

E A Sundaram is ED & CIO at o3 Capital, a SEBI registered portfolio manager. The views expressed in this article are solely of the author and do not necessarily reflect the views of Cafemutual or Subramoney.com

Honestly i put this disclaimer because I was asked to…and Cafemutual had put it elsewhere..