Mirae Asset Investment Managers: 'growth At Any Price' Does Not Work, History Shows: Neelesh Surana - The Economic Times
Overpaying for a stock even if the company is in an excellent business and has good management does not work, said Neelesh Surana, chief investment officer, Mirae Asset Investment Managers. In an interview, the top-performing fund manager talked about his investment philosophy, his outlook for the market and existing bets, among other issues. Edited excerpts:Do you think the market has run up too much at the moment?Markets are holding firm probably as a leading indicator of partly discounting the likelihood of both cyclical as well as a structural revival in earnings and growth.
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