On this eve to first TED birthday, I decided to share my own experience with all members. Please share similar thoughts.
My journey started on 9/11 just like any other stock related website. I found some very interesting side articles on history/sectors/personalities. Few days, those kept me busy. It is co-incidence that those times I was building new portfolio. After May/June crash, I was looking to select new horses. In this process, I selected few lambi-race-ka-ghoda and few pataka-ghoda. My short-tem picks are obviously speculative in nature. In this context, I was reading TED. All of a sudden I found 2 picks which was also in my radar. TV18 & pantaloon. I was aware of TV18’s demerger but not very convinced on making buy decision. The day I read detailed article, I started picking TV18. It was my first connect with Basant jee. I gave silent pass to Pantaloon, as I sold it in April’2006 and was quite frustrated with no-price-movement. Meanwhile, I was sitting on huge profits in one of my shirt-term picks (peerless abasan). After disclosing my portfolio on TED, I found that it is worth to book profits and invest further in original shares. This is the time, I started liking concentration. Thanks again to Basant jee.
Over the period of time, my belief in sector & concentration started getting stronger & stronger. Basant jee became positive critic to me. I gained time & again. My belief in financial sector was new perspective to many. At times, my thinking about IT sector, retail & media were quite criticized. Some of the Kulman jee’s quotation made my conviction strong. BV's currency/interest-rate discussions were my first readings at morning. Later, I started much surprised thread on IFCI. I remember many times I had to report whether I own it now or not. It was quite interesting/challenging time with IFCI. Challenging because I was arguing for investment, when it was trader’s favorite stock. Interesting because this was first restructuring stock from me. I strongly believe when sector is booming restructuring, capital-raising, value unlocking are few symptoms/side-effects.
In the process of leaning, I made few confrontations, and one of them ended with few more deliberate confrontations. This dark side was short lived from my side unlike …
Now a days, I just report events and related analysis (if required). TED has become morning walk for me & I enjoy every moment with it.
I made few life-lasting friends. I connect myself with few ideologies. I found mentor here. Moreover I found prescription to my conviction.
Last but not the least; TED is one of the 7 wonders of my life.
Edited by vipul - 23/Jul/2007 at 3:12pm