Some keep takeaways from @Iamsamirarora paaji
Buy right – sit tight?
Everybody brainwashes u when u start by reading all WB books
Absolute wrong to imagine that stock will go up 20-30 times in 20 years
U r buying stocks for 1-3 years and if its does well – u r holding it
Buy right – sit tight?
Everybody brainwashes u when u start by reading all WB books
Absolute wrong to imagine that stock will go up 20-30 times in 20 years
U r buying stocks for 1-3 years and if its does well – u r holding it
https://twitter.com/mbhagwatr/status/1310119691650695169
Learn to reject (same view expressed here: )
All you know is bad management and bad history – u don’t know about good management
You can only know bad things about cos or management
A large cos do well – focus on rejecting cos
All you know is bad management and bad history – u don’t know about good management
You can only know bad things about cos or management
A large cos do well – focus on rejecting cos
Meeting management?
U will miss a lot if u trusted management more
I am a friend of investor and not any promoter
Best is to be distant with management
U will miss a lot if u trusted management more
I am a friend of investor and not any promoter
Best is to be distant with management
Bull & Bear Market
In bear market: many stocks went zero but allocation was low (that is imp)
Shoring is helpful in bad years (13% of book)
In bear market: many stocks went zero but allocation was low (that is imp)
Shoring is helpful in bad years (13% of book)
Who is Samir?
Not interested in value stocks
Better to be known as “GARP – Growth at reasonable price”
Connecting dots is more imp than spending time on macros
“Simple logical thinking” more imp than wasting time on macros which not in hand
Not interested in value stocks
Better to be known as “GARP – Growth at reasonable price”
Connecting dots is more imp than spending time on macros
“Simple logical thinking” more imp than wasting time on macros which not in hand
Advice to Samir from Samir?
Stop buying any turnaround cos
Biggest money lost in cos having receivables from GoI
Never invested in infra
Stop buying any turnaround cos
Biggest money lost in cos having receivables from GoI
Never invested in infra
Advice to wannabe investors
Invest in stock market but don't make markets as a pure trading business for living
Should not get into trading by watching TV whole day
Learn to live life & not get bogged full day in trading/ investing
Less is good & focus on time
Invest in stock market but don't make markets as a pure trading business for living
Should not get into trading by watching TV whole day
Learn to live life & not get bogged full day in trading/ investing
Less is good & focus on time
News Stories: be logical & not dramatic
Yes Bank example: news and news but no logic
hindsight talks are v easy - don't get swayed by it
be cynical and open-minded/ rational
THANK YOU SIR
Yes Bank example: news and news but no logic
hindsight talks are v easy - don't get swayed by it
be cynical and open-minded/ rational
THANK YOU SIR
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