An antidote to bear market pessimism

The author of The Joy of Compounding has come up with another essential reading for all investors keen to master a strategy for navigating through severe bear markets

The Making of a Value Investor: What a Bear Market Taught Me About Investing

Author: Gautam Baid

Publisher: Harper Business

Pages: 264

Price: Rs 499

Investors have experienced a humdinger of a bull run over the past year, especially in the mid- and the small-cap segment. The Nifty Midcap 150 index is up around 46 per cent over the past year while the Nifty Smallcap 250 index has delivered a humongous 51.7 per cent. Younger investors experiencing their first bull run may be forgiven for harbouring the notion that they have discovered the El Dorado of investing: All they need to do is bet on small caps