My first market correction was 2008, Radhika Gupta recalls as young Wall Street analyst

Amid the ongoing market turmoil, Radhika Gupta of Edelweiss Mutual Fund recalls her first market correction which was in 2008 as a young Wall Street analyst.

She further shared that at that time, “Asset classes were imploding in ways books never taught, banks that had been top campus recruiters were collapsing, and some bank stocks were below $5. Layoffs were the norm across the street.”

According to Gupta, “it felt dramatic. 2013 felt a bit easier, 2018 even more, and five years ago, she could see sanity even in 2020.”


<blockquote class="twitter-tweet"><p lang="en" dir="ltr">My first market correction was 2008, as young Wall Street analyst.<br><br>Asset classes were imploding in ways books never taught, banks that had been top campus recruiters were collapsing, and some bank stocks were below $5. Layoffs were the norm across the street.<br><br>It felt dramatic.…</p>— Radhika Gupta (@iRadhikaGupta) <a href="https://twitter.com/iRadhikaGupta/status/1909261630799569390?ref_src=twsrc%5Etfw">April 7, 2025</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8">


Also Read | Keep cash, keep calm, and carry on: Radhika Gupta of Edelweiss Mutual Fund advises during market turmoil

The CEO says that time makes you a better investor and if you are a first time investor then focus on surviving and living to learn from the lessons.

She posted on social media, “TIME makes you a better investor. If you're a first time one, focus on surviving and living to learn from the lessons.”



In her earlier post, the CEO mentioned that when the market is red, one should keep cash like an emergency fund, keep calm and carry on based on the strategy that worked five years ago during the market crash.

The CEO posted on social media, “This day. 5 years ago. When everything was red and the world looked like it would end. Keep cash (emergency fund), keep calm, and carry on.”


According to Gupta, exactly five years ago, the markets were a sea of red and for many, it felt like the end of the financial world. Yet, amid that chaos came a timeless reminder: Keep cash (your emergency fund), keep calm, and carry on, she added.

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Radhika Gupta once mentioned that one should remember that bad times don’t last but good investors do. Though it might feel like hell now like it fell in 2008 and 2020 but one should remember that we have seen all that and have survived, she further added.

“If it feels like hell right now, remember it did in 2008 also. And 2020. And we all survived, as we always do. Bad times don't last. Good investors do,” CEO posted on social media.