I am a permanent bullish investor and I always feel bullish. I am not concerned about the bad portion of the economy. As an investor I pick and choose where the opportunities are and I will put money out there. In a bad time, we will get good price and in good times, we get good return.
In a lot of companies, there are fantastic franchises. In any valuations module, there are three components — breakup value, franchise value and growth value. Very few companies are growing rapidly, but you have to balance the opportunity — how much you should pay for the future growth and how much for the franchise. This game is now very calibrated.-said Raamdeo Agarwal
