India's billionaire investor Rakesh Jhunjhunwala, Partner, Rare Enterprise, is of the view that equities will return more in the next three years as against real estate.
"It (equities) will surely be better than real estate because although there is demand, there is no affordability in real estate. I do not invest in gold and real estate. Equities will give good returns over the next three years," added Jhunjhunwala.
Looking at the data, so far in the year 2013, individual stocks have made more money than the actual index; and the stage looks set for a bull market, he added.
According to the ace investor, there are a lot of shares that have doubled, even tripled, in December.
"So, if luck is on our side, the stage is set for some kind of a bull market," he says.
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