Nifty Pharma index is amongst the top laggards of 2022. The index is down about 11% in the year 2022, after having two good previous calendar years. In 2020, the index surged up about 60% and was up about 10% in 2021. In 2022, 7 stocks from the index have fallen over 25% so far.
Paul Black’s 3 thumb rules for identifying great wealth creators
Veteran portfolio manager Paul Black’s investment framework focuses on identifying businesses with competitive advantages that strengthen over time. His three key rules emphasise widening moats,