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Asked by : Subhrangshu Das, Sr. Associate,bulls Research
Industry : Equity Research/Analytics
Functional Area : Valuation
Activity: Question posted: 05 16 2008 00:02:55 +0000, 1 answers, 105 views, last activity 07 06 2010 20:18:08 +0000
 
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  Answered by     Gaurav Chhabra, Sr. Associate, HDFC Bank  | 05 16 2008 00:11:22 +0000
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These things normally does not have an average investor. The average thing is a hypothetical construct that keeps people from thinking straight. Most of the funds tied up in equities are not controlled directly by individual investors anyway - these funds are managed through institutions or entities such as mutual funds, ETF's, Pension funds etc.

Suckers are actually the people who sit on the side even when there is a bear market.

 
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