Sridhar Sivaram, Executive Director, Morgan Stanley Investment Management
Past Positions: Has been with Morgan Stanley Investment Management since 1994.Worked with Citibank for a year before that.
Investment mantra: We do not exclude a stock from the investment universe merely because it is expensive.We are willing to pay a premium to own quality stocks.The portfolio has typically had a return-on-equity higher than the market average, supporting the quality bias.
Top picks right now: Sectors like power equipment and telecoms (mobile).
Advice to small investors: Give time for your investments to grow. Stock markets in the long term have in most cases given better returns than any other asset class. Mutual funds are the best option for a small investor.
Worst mistake small investors make: Investing based on a tip from someone they know. In most cases the tips are only for buying, and the small investor is often the last one to sell. It is better to do some due diligence before investing in the stock markets.
The one thing they must never forget: Investors should do an asset allocation based on their risk profile. It is always better to diversify the total investments into different asset classes, which could include debt, equity, gold, property, etc.
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