Saw comments by value investors that they are sure their "good" companies will survive .

A small history lesson for them https://twitter.com/InvesysCapital/status/1246273910363967488">https://twitter.com/InvesysCa...

In the 1920s, there were quite a few companies listed on the NYSE who made whips for horse drawn carriages. A few among them were zero debt, strong ethical mgmt and market leaders. In the next 10years , all shut business. Why ?

Because the advent of automobiles ( Ford Model T) totally killed the markets for horse drawn carriages . This was a paradigm shift. The strength of the company did not matter

This corona pandemic( unless a vaccine/cure is found) I believe will fundamentally alter the world we live in ways we cannot fathom as of now .
So which company will survive is almost impossible to predict now .

Infact @andymukherjee70 has written a great article on this topic https://m.economictimes.com/markets/stocks/news/economic-life-after-covid-19-lessons-from-the-black-death/articleshow/74870296.cms">https://m.economictimes.com/markets/s...