Can't outrun a bank run

The buzz in the market this week was the banking crisis. And by now, you would think we would be numb to crises. After all, we deal in markets, and everyone knows how the last two years have been. But with banks, it is indeed surprising, given the stellar last year of PSU banks.

Even in the last few months, they were going strong and were the best performers. But then one thing led to another, some banks collapsed across the Atlantic and beyond the Alps, panic set in, and now around 250 stocks with a market cap of above Rs 500 crore are trading at 52-week lows.

Time to buy? We can't answer that. After all, we are not Youtube influencers. Just remember, a 52-week low should not be your trigger for investments.

Okay, enough with the beating around the bush. Here's what the finance netizens were sharing in their chats this week.

Investing biases are real, guys. Your brain can indeed play tricks on you. So whenever you get the classic case of investing FOMO (fear of missing out), just take a deep breath, think of a very green portfolio, and remember that new investment opportunities are waiting for you in the future.

Markets are never short of irony. And this one is a prime example of that. Imagine going bankrupt and then finding solace in the fact that you won't ever have to worry about returns. Too soon, Credit Suisse fans (if that's a real thing)?

Imagine trying to time the market so hard that you end up holding the stock for decades and become a value investor. Did we just crack the code?

Please don't sue us Buffet faithfuls, we are just saying it might happen. There's still hope for your day-trader buddy.

Can't lose money if you don't have money. Can't really blame Gen Zs for their dry sense of humour when the system in place is drying up the banks.

Hindenburg today released a result on Block, Inc. It is a company founded and run by former Twitter founder Jack Dorsey.

One question for all Hinderburg employees - how many expresso shots do you have in a day?

Didn't they just release a report on the Adani group after two years of research?

I did not know this at all! Who knew you could get a 20 per cent discount on Bata if you held even one share (one share counts, right?). But yeah, some companies do offer such discounts.

There. Someone finally said it! You simply cannot conjure wealth by reading. It's investing, not witchcraft. Just marathoning on Buffett books won't make you rich.