“One has to construct the portfolio skilfully and not in a very concentrated manner. So, have 25-30 stocks across the industry and if you have chosen them well, maybe some of them will turn out to be multibaggers; but some will also turn out to be duds. One should be careful and tell oneself that yes I will make some mistakes and I will need to exit some of these names.”
US inflation tops 4% for first time in three years, keeping Fed hike in play
US inflation climbed to 4.1% in May, driven by rising energy prices, keeping the Federal Reserve’s interest rate hike plans on the table for September.