scorecardresearchMost new-age stocks are ponzi, will disappear in next 5 years, says Saurabh Mukherjea of Marcellus Investment

Most new-age stocks are ponzi, will disappear in next 5 years, says Saurabh Mukherjea of Marcellus Investment

Updated: 18 Jul 2022, 10:20 AM IST
TL;DR.
  • A Ponzi scheme is an unlawful and fraudulent investment scheme that guarantees rapid, simple, large returns on investments with little to no risk.
Some of the new-age stocks have been the top wealth destroyers in the current year amid market uncertainty. Photo: Pixabay

Some of the new-age stocks have been the top wealth destroyers in the current year amid market uncertainty. Photo: Pixabay