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Nilesh Shah:Dumb money is leaving the country

Source:Safir

2 replies on “Nilesh Shah:Dumb money is leaving the country”

Commenting on the headline, there is a paradox in such statements. That’s because when money comes in, no one said it was dumb money, in fact, they touted this money as discerning and perspicacious. It was welcomed by all the domestic sellers who sold their shares to these smart investors. Now, when it leaves it becomes dumb 🙂

God bless such incentive-cause biases by the industry titans!

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