Source: AGM Transcript of City Union Bank
Awesome answer by the MD of the Bank to a shareholder at the AGM.
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CUB: We leave stock price to God
3 replies on “CUB: We leave stock price to God”
Its true actually – stock price fluctuation is random in the short term – you cannot predict it, when so many variables are unknown – its easiest to attribute it to something, in this case it was God.
The domestic bourses with so many imperfections can’t be God. The market tends to show unnatural exuberance and gloom in cycles.
Hence, his take is not appropriate.
Sahi tho bola. Bhav Bhagwan Che.. it’s a old saying in market