Full video: Can Vedanta address the problem of economic recession? || Acharya Prashant, at DU (2023)
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00:00The common man just gets up in the morning, dresses up and sets out for the office.
00:04Does he really bother to stop and ask, why must I continue with this job?
00:08Why must I continue with a life like this?
00:11There is no attempt to understand at any step in daily life.
00:18We just live.
00:19We do things because others are doing the same thing.
00:23So where do you invest?
00:24Where everybody is investing.
00:25And if everybody is investing at one place, the prices skyrocket.
00:30And when the price skyrocket, you take that as a proof that the asset is worth something.
00:35The fact is that the asset valuation is not backed by fundamentals.
00:40Fundamentally, there is nothing in it.
00:42But just because everybody is doing it, so I am also doing it.
00:44So everybody is investing in .com.
00:47I too am.