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hello mark and welcome to the show well thank you very much for having me and welcome to all the viewers in india it has been a boom in the global equity markets for most part of 2021. uh will they carry this enthusiasm in 2022 as well i think the enthusiasm of investors will not vanish overnight it's a process that takes time and maybe in india it will stay at the high level for a while because the indian economy is one of the few economies in the world that despite of everything is still expanding we have to see that very clearly so i think that maybe in india you have a situation where the economy outperforms the rest of the world and the stock market continues to do well maybe not as well as in 2021 but i i think globally we need a correction in markets here there is as you pointed out too much optimism among investors and mostly among investors who have no experience they are you know the people that both into cryptocurrencies uh into memes stocks concept stocks that have no earnings and so forth um equity market inflation commodities now cryptos everything seems to be on an upswing uh is this gonna end badly uh for the financial markets let's say a year from now or two years from now well i think if we look at 2021 one sector that hasn't done well are gold shares precious metal stocks and value stocks value stocks around the world have been left behind and what has performed in the u.s are the fung and fung related stocks facebook amazon netflix and so forth apple and semiconductor stocks and stocks like tesla but overall the typical stock hasn't done very well and i think that we are at the juncture in the markets where these favorite of investors where hedge funds are heavily weighted the funds stopped i think they will underperform and the money will flow into value stocks that's my impression what has been your investment strategy strategy mark over the past one year well my strategy is always the same diversification you know i don't need to make speculative gains i have mostly value stocks in my portfolio and high dividend stocks in other words in europe i have utilities and i have some banks here in asia they have different when i bought them they had dividend yields of four or five percent and i have some tobacco companies and of course i have some resource companies because i believe that commodity prices are not gonna go not gonna collapse i have gold shares and then i have real estate around the world and uh have uh precious metals and i have fixed interest securities what about india do you hold any on your portfolio i hold some bonds on indian companies and occasionally i own shares in the indian etf but at the moment i have no position i think the market is fundamentally sound but fundamentally very expensive it's the most expensive market in asia and i find much better value elsewhere in asia which other markets would where you find the value mark i think there is some value emerging in indonesia it has similar characteristics to india not as well developed as india but as a country it's similar then i have in malaysia some holdings and of course singapore hong kong hong kong is very cheap so what's your advice to investors how should they approach equity markets in 2022 especially in the case of india but what do you understand you say advice to investors that depends on whom i would say preservation of capital becomes now more important than thinking how can i make or double my money you can probably double your money but you have to take an approach of a casino i put everything on black and if at the roulette table red comes out you lose everything you understand absolutely so as an investor who is interested in investing for the future or for his long term or for his family there's only one thing diversification real estate in stocks cash and fixed income income and precious metals and maybe some cryptos and maybe some commodities but the broad asset allocation is this diversification and not all the money in one country thank you mark thank you so much for your time we hope to see you soon well bye-bye and merry christmas to all your viewers if you like this video share it and subscribe to business standard for more news views and insights log on to www.businesshyphenstandard.com do also follow us on youtube twitter facebook instagram telegram and linkedin
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