Most of the people are living with their political fantasies . They can't detach investment decisions from their political beliefs .
One part of their brains do not accept the reality even the other part see it correctly.
This goes either way , losing money and losing profits. Whey you ask them to buy they refrain and when you ask them to sell or not to buy they do opposite.
In 2009 era a person working in ME country wanted to invest about 250,000/-, I told him to buy BFL when it was showing future potential. The price was around 25/-
He told me 'incapable Mahinda' is the ruler and would make everything worst in 1-2 years. Hence better go for a FD.
Imagine his wealth after few moths if invested 250,000/25 = 10,000 shares.
@ 300 x 10,000 = 3 million.
In 2015 I told beware of JKH . Reason was: ground condition when planning and present reality mismatch. Still people bought it when warrants came down by 20 Rupees from 85 level.
People were blind about the boasted knowledge and performances of Ranil Wickramasinghe. They were talking about index going above clouds when UNP leader took control. Some people are still struggling to accept the reality because coming out from the fantasy hurts. I was in CSE during JR, Premadasa, Wijetunga, Chandrika+Ranil, Rajapaksa, Ranil+Mythripala periods.
We never mixed our political ideas when investment decision making.
We earned during JR , Premadasa , Wijetunga and Rajapaksa era irrespective of their party or our politics.
If any ruler take positive steps we watch them and invest accordingly. If they are doing with destructive and foolish acts related to economy we watch and deviate from CSE, to save our money and life.
At the moment , our observation is , the present management has taken very destructive and childish steps in economic management from the beginning. Hence we have to deviate from CSE.
That is not a new thing or an act against political enemy but the way I was doing from the beginning.
I think anybody has the freedom to evaluate the situation as per his experience and knowledge and take decisions without getting sink in political fantasies.