New Delhi, March 19 -- "In investing, what is comfortable is rarely profitable." - Robert Arnott
LiveMint's quote of the day is from Robert Arnott, a renowned American entrepreneur and investor.
This quote holds special significance today, March 19, as the BSE Sensex plummeted nearly 2,000 points, and the Nifty 50 breached key support levels, following the US Federal Reserve's unexpected stance on interest rates.
Arnott's quote reminds us that the "gut feeling" telling you to run away from a crashing market is often the very thing standing between you and significant wealth.
Profit is the compensation for enduring the discomfort of being "wrong" in the eyes of the crowd for a period of time.
Robert Arnott's quote is a masterclass in ...
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