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The Economic Times
The Economic Times
Uma Shashikant

Indian retirees missed out on equity wealth: How decades of pension-led retirement saving left portfolios stock-light

Investing habits, preferences and patterns don’t change dramatically because one lives in another part of the world. Equity stocks are still the primary growth vehicles, long-term investing is an undisputed virtue, diversification is still the only free lunch, and investors sincerely believe they can beat the markets with smart investing and trading techniques.

However, this shared knowledge doesn’t result in equitable wealth and welfare across borders, even if most investors swear by Benjamin Graham and Warren Buffet. What’s different is history and the regulatory and institutional practices that shape investment choices and attitudes. How does context shape equity investing? Let’s discuss the broad contours of retirement planning as an example.

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