It's not just investing; playing any skill-based game imposes mental demands. It gets more stressful when old rules and styles do not deliver positive outcomes over extended periods. Investors in Indian stocks are struggling with such challenges for over half a decade now. You can be a bear on India, or a bull on the Modi 2.0 reform agenda. But you cannot ignore the tectonic shifts that are happening at typhoon speed in India today... India has never been an easy hunting ground for equity investors. Despite its leading emerging market presence, world-beating corporate talent and vast, under-penetrated markets, most Indian stocks have rarely compounded consistently. The exceptions are only too well known. Some of these, too, have stumbled recently, faced with macro, competitive and tech challenges