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The Fear of Missing Out
The idea is, I think it's again the fear of missing out. The richest guy in India has pretty much just one stock. Every year, just kill the stocks or sell the stocks that are not doing well. Reinvest the money in the ones which are doing well. That probably has the best chance of doing well in the next 20 years. It's a very simple way of trying to create a concentrate portfolio. But we always sell the winners and reinvest it in the losers. Boy, this stuff never gets. old. This eco-trib was very common motivation to invest in certain products because it's the trend of the season at this point.