> Indian economy is expected to witness real GDP
expansion of 9.2% in 2021-22.
> Agriculture and allied sectors have been the least impacted by the pandemic and the sector is expected to grow by 3.9%
> GVA of Industry (including mining and
construction) will rise by 11.8%.
> Indian economy is in a good position to witness GDP growth of 8.0-8.5% in 2022-23.
> Foreign exchange reserves at US$ 634 bn on 31st Dec 2021. This is equivalent to 13.2 months of merchandise imports & is higher than the country’s external debt
Next time if you see any fund manager speak in public forum about ROE, profit, margins, pls boycott them.
No doubt why 85% MF in India don't beat Index.
@Raamdeo has extensively spoken on QGLP where G is growth in EARNINGS and 'sustained' ROE. How did MOSL apply for this IPO. L stands for longevity of competitive advantage. Where is the moat? If anyone offers higher discounts, people will jump to that.
Have principles changed?
For decade @iRadhikaGupta has spoken about earnings earnings earnings growth. SUSTAINABILITY of earnings more so. Where did that go mam? You may want to listen your last month video on this pls - msn.com/en-in/video/mo…
Everyone speaks about when to buy a stock. Hardly anyone speaks on when to "Sell".
Thread on when to sell a stock🧵
1) Repeated Corporate Governance issues - Exit a stock if there is news of repeated CG issues popping up every now and then. It takes a mountain to change a bad management. Better opportunities always exists.
2) If the financial performance of the company is declining - keep a watch on this over quarters to see if the performance in profits and sales is consistently going down. Attend AGM, Concalls to understand the reasons for same.
There is a lot of sync between Ramayan characters and real life Investors. Like -
1) Vibhishan - That type of investor who knows early on, that he is with 'wrong stock' , realizes his mistake and switches quickly (like moving from ADAG to Mukesh group early on)
2) Laxman - 'Hyper active' investor who is ready to sell with a small move (both up and down). Saved by fellow learned investors and ends up making money!
3) Hanuman - Brave investor. Takes ample risk in "asset allocation". Keeps chanting company name at every forum.
4) Indrajit - "Adamant" over his stock despite 'changing circumstances'. Wins initially but loses in long term as he doesn't exit. (like HEG, Graphite).
5) Ram - sticks for long term in good companies like HDFC, Infy, Titan etc. Knows he is going to win. Avoids all noise for yrs
Thanks to @VijayKedia1 sir. Blog after a long time. "Trading is more harmful than smoking". Let me know your trading experience.
Btw, I have been bankrupt twice cos of trading.!
In pursuit to financial independence, you have to fight against your own self. If you are able to control your mindset and get the right style of investing, you will be comfortably placed. Repeating same mistakes again will only kill you.
All thru your investment journey, you will have smartest of people surrounded punching numbers on excel and giving you so called "fair value".
Businesses are not run on excel but by promoters with passion to deliver. Hits and misses will always be there.