Go back to basics, don’t bet today like tomorrow is here: Nikhil Kamath

“We were critical of valuations (of new age tech companies) even back then and even where they sit today we continue to remain sceptical. This is a complex world for a retail investor. Somebody has to take their side now. Keeping retail in mind, the valuations that were offered to them and these companies listed in my opinion were not totally fair. ”

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