🧠 If you think you know where the market is headed next, think again—because nobody really knows. 🛑
Last week, Indian markets soared for seven straight sessions, with the Sensex crossing 80,000 and the Nifty nearing 24,330. Everyone started believing the rally was back, and many worried they had missed the bottom. Suddenly, just as quickly, the market turned—Sensex fell over 500 points in a day, and fear took over again. Just a day ago, many investors were worried they had missed the bottom and hesitated to invest as the market kept rising. Yet, only a few weeks earlier, the same investors were holding back out of fear that markets would fall even further.
This cycle of fear and FOMO is nothing new. Howard Marks, in his latest memo, reminds us that certainty in investing is a myth. He writes, “There’s absolutely no place for certainty in the world of investing, and that’s particularly true at turning points and during upheavals. I’m never sure my answers are right, but if I can reason out what’s most logical, I feel I have to move in that direction.”
Trying to predict every market move or waiting for the “perfect” time to invest usually leads to inaction or regret. The truth is, nobody can consistently call the top or the bottom. What works, especially in unpredictable markets like ours, is disciplined investing—sticking to your plan, ignoring the noise, and not letting emotions dictate your decisions.
So the next time the market swings wildly, remember: nobody knows what comes next. But staying disciplined is always in your control.