New Delhi. If you miss out on the benefits of compounding in life, it is really sad. This is what Motilal Oswal Financial Services Chairman and Co-Founder Ramdev Agarwal said, who attended the Trading Right program on November 9. He said that between 2003 and 2008, he could not take advantage of the tremendous boom in the stock market because he was not invested in the market.

According to Ramdev Agrawal, "If I had invested in the market during that period, my net worth would have doubled today." Ramdev Agrawal says that the biggest mistake during investment is to stay out of the stock market. Agrawal said that the stock market gives millions of opportunities to earn money but people should not follow the crowd but should find their own way. According to Agrawal, "Everyone has their own way to succeed in the market, one should not just copy their neighbors."

25% CAGR
Agarwal said that Warren Buffett has given a CAGR (Compound Annual Growth Rate) of 20% in the last 65 years. Agarwal wants to give a CAGR of 25% going forward. He believes that India's growth story is very strong and it will allow an additional 5% CAGR at least for the next few years.

What did he say about high valuation in the market?
Regarding high valuation, Agarwal said that investors are expecting very high earning growth in midcap and smallcap and if the estimates go wrong, there is a risk of the market going down. He said that the market's rise to the heights is also based on this estimate. He believes that the investment of retail investors will increase further and equity mutual funds will benefit from this.