Just play safe. That’s the advice George Soros, one of the world’s most successful investors, has for these troubled times.
Low valuations are luring retail investors to enter the market even as experts paint a bleak picture of the macro economic situation. “Unfortunately, this time you have to play safe because markets are still far from reaching an equilibrium and are extremely difficult to predict using the yardsticks or methods were used in the past,” Mr Soros, 81, said at an interactive session at the Indian School of Business here.
“So unless you anticipate events correctly, it’s better to do nothing than to keep on losing money,” Mr Soros said.
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SC: Preventive detention can’t be unbridled
Age Correspondent
New Delhi, Jan. 5
Upholding the personal liberty of citizens as supreme, the Supreme Court has ruled that government agencies don’t have unbridled powers of preventive detention on the premise of national security or breach of the peace even on the basis of a previous offence against the person intended to be arrested.
“The liberty of an individual is the most precious and prized right guaranteed under the Constitution,” ruled a three-member bench comprising Just-ices Altamas Kabir, S.S. Nijjar and J. Chelameswar.
In an order issued Wednesday, the court set at liberty Yamman Somendro from Mani-pur, repeatedly held under the National Security Act since 1994, who was last arrested on February 7, 2011.