A glance at social media these days would make you think the financial apocalypse had arrived. My inbox is flooded with messages from distressed investors lamenting their ‘destroyed’ portfolios. The anguish is palpable, but a bit of perspective might help.
Let’s consider what’s happening right now. A six-month picture reveals genuine pain. The BSE Sensex has plummeted 11.5%, shedding more than 9,400 points. The carnage in small caps is even more pronounced, with a staggering 23.7% collapse, erasing over 13,200 points. These aren’t minor corrections; they represent real wealth vanishing from portfolios.
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