Ramdeo Agarwal, the chairman and co-founder of Motilal Oswal Financial Services, recently spoke at an event in Mumbai about the mistake of staying out of the stock market. He believes that India's growth story could result in an additional 5 percent CAGR returns in the coming years.
Agarwal shared his personal experience of missing out on opportunities by not being in the market between 2003 and 2014, particularly during the significant bull run from 2003 to 2008. He emphasized that the stock market offers numerous opportunities for wealth creation and encouraged investors to develop their own strategies rather than blindly following others.
Agarwal stressed the importance of individual approaches in achieving success in the market.