How to think about picking stocks in India

What are the chances of any stock in your portfolio being a failed investment? It depends on how you define "failed investment" 30%: If it means suffering an erosion massive enough to mean significant and permanent loss of capital 47%: If it also includes stocks that fail to offer some positive return over 5+ years 53%: If it also includes stocks that fail to beat cash sitting in your savings account Here's why.