Equities and life are exact opposites: Prashant Jain on why patience pays in markets
In life, tomorrow is certain and ten years out is a blur. In stock markets, it is the reverse, says Prashant Jain, Founder, 3P Investment Managers. Nobody knows what markets will do tomorrow, but three to five years out is far clearer because India's economic growth is among the steadiest in the world. That is why equities reward patience.