| Author |
Message |
basant
Admin Group
Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
|
   Posted: 17/Mar/2007 at 1:16pm |
Ajit Dayal bought Trent some time back at Rs 150 exited when it hit Rs 600. he is also accredited with several multibaggers but I remember Trent because I followed this stock.
Broadly he looks for "value" now this is the most fashionable word in the investing community. All those growth guys are made to look mommentum and the value guys are the direct pupils of Graham baba! But investing is not about a particular style but about the tendency to outperform the market in that particular style.
No one can call Peter Lynch or Warren Buffet a value only investor. Sure they looked at value/intrinsic worth but they always saw this in conjunction with growth rates and business models.
I think that he is owner of the site equitymaster.com also!!!
|
|
'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
|
 IP Logged |
|
|
|
 |
|
Vivek Sukhani
Senior Member
Joined: 23/Jul/2006
Online Status: Offline
Posts: 6675
|
Posted: 17/Mar/2007 at 1:24pm |
|
Good punch, Basant!!!! Although, I beleive the way you used the phrase Graham baba, there was a sense of contempt for him. I beleive its very difficult to imitate Benjamin Graham. also, when the world's most brilliant investor was his student, I beleive that man must have been something. His principles have stood the test of time. Its just that when people use the word value when all that they are doing is sky gazing it pisses me off.
|
|
IP Logged |
|
|
|
kulman
Senior Member
Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
|
Posted: 17/Mar/2007 at 1:27pm |
I would rather say, they bought good growth businesses at excellent Value (bargain prices, during panic sell-offs) i.e. with huge margin of safety.
|
|
Life can only be understood backwards—but it must be lived forwards
|
|
IP Logged |
|
|
|
India_Bull
Senior Member
Joined: 19/Sep/2006
Location: United States
Online Status: Offline
Posts: 2296
|
Posted: 17/Mar/2007 at 1:31pm |
It is confirmed that Deepak Narayanan is not the author.
See his reply below to my email.
On 3/17/07, Deepak Narayanan <[email protected]> wrote:
sandeep - this came from a friend of mine, not sure of the origin. rgds
|
|
India_Bull forever Bull !
www.kapilcomedynights.com
|
|
IP Logged |
|
|
|
BubbleVision
Senior Member
Joined: 05/Aug/2006
Location: India
Online Status: Offline
Posts: 3142
|
Posted: 17/Mar/2007 at 1:31pm |
One think I dont like about Ajit Dayal is that ... He seems to be self centered man!
On every interview he will say we are "disciplined"...we are "value"...we are "rational". He seems to think that god has given these qualities to him only.
|
|
You can't make money if you are unwilling to lose...It's like willing to breathe in but not willing to breathe out. -- ED SEYKOTA ....Read Disclaimer!
|
|
IP Logged |
|
|
|
India_Bull
Senior Member
Joined: 19/Sep/2006
Location: United States
Online Status: Offline
Posts: 2296
|
Posted: 17/Mar/2007 at 1:39pm |
WB started with Graham and though still admits that he is follower of Graham, he didnt adopt his style in totality, WB later on his career got influenced by Fischer and Charlie . Charlie had actually made him buy many businesses at higher valuations (which Graham would have refused-Grahams standards)
Its like Rahul Dravid is always overshadowed by Sachin or Dilip Wengsarkar by Sunil Gavaskar... (Charlie is the most imp man and philosphy behind WB sucess)
Stalwarts on WB pls correct me if I am wrong..
|
|
India_Bull forever Bull !
www.kapilcomedynights.com
|
|
IP Logged |
|
|
|
kulman
Senior Member
Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
|
Posted: 17/Mar/2007 at 1:41pm |
He seems to think that god has given these qualities to him only.
-------------------------------------
I agree with BubbleVision.
AD wants to show he's different always.
By the way, their tagline is: Experience, Consistency, Credibility! Their performance track record implies they forgot to add prefix 'IN' !!
Edited by kulman - 17/Mar/2007 at 1:46pm
|
|
Life can only be understood backwards—but it must be lived forwards
|
|
IP Logged |
|
|
|
BubbleVision
Senior Member
Joined: 05/Aug/2006
Location: India
Online Status: Offline
Posts: 3142
|
Posted: 17/Mar/2007 at 1:43pm |
Again Kulman ... No one is better than you. 
|
|
You can't make money if you are unwilling to lose...It's like willing to breathe in but not willing to breathe out. -- ED SEYKOTA ....Read Disclaimer!
|
|
IP Logged |
|
|
|
Active Topics
Memberlist
Calendar
Search
Help
Register
Login
