Basant Sir, Mohnish Pobrai made money in Frontline, which is into Tankers perhaps the riskiest area in shipping business where rates move like hell....even Mr. Jhunjhunwala speaks so highly for Ge Shippingif my cousin is to be beleived and he himself admits of having made a very big amount in it initially.....even some of the people on equitydesk have made a begining in GE shipping and have been successful.....and for me the biggest example has been my dad...he made a 60 bagger in Gujarat NRE Coke in less than 3 year period....he is sitting on a 150 bagger in shree cements......as far as GE Shipping goes he is sitting on a neat 23 timer ignoring dividends....as far as MF goes, I think I am not comparable with him because I am very strictly mandated not to sell within a year as that would attract STCG and as such i have to look for permanent variables like dividend....thats how I am being taught and mandated....and also, in stock markets measuring performance on historical basis is almost foolish. I started with 5000 and after paying off my MBA fees I still had about a lac in my kitty and a few stocks....for me that was substantial at that moment.....but that was the grace of that period and I dont take credit for that as markets were really good during that period. I made a 8 timer in OBC and made another 8 bagger in SRF....but then after that my performance plateaued and now it has started to pick up again......and I have done well when I personally dont have any experience about bear markets and I know very well that I will be hit hard in a correction and although I have fenced myself quite well so far but thats no guarantee. I am not into this superiority or inferiority business...and even if I may do poorly vis-a-vis a fund manager I will never give a single penny to him. I think this markets is for people who invest their hard earned and if someone is so smart that he thinks he knows it all why doesnt he borrow and invests...why to be so charitable on me. And yes, i am sorry for giving credit to Prosperity for this thread and i must thank you for starting this thread. Issues meant talking about cylicals. see, you will always be ahead of me as you have that experience of that crash which I dont have....so if someone benchmarks me against you I think its being unfair to me. But I want to learn by myself and want to have my mind and would like a very healthy discussion where how much money one has made should not be the criteria for determing the success rate. Rather a place where discussion should rise above profits/losses.... for its too fleeting a thing to talk about.

Hey, how did I miss this very interesing discussion, enjoyed it throughly, it is rare that one gets to see such a strongly diversified opinion on TED, My view of this whole issue - Before I joined TED, I did not hold any major holdings in equity desk IX stocks and the same story continues today ,since my stock holdings are quite different from these stocks. Having said that (how everyone connected to the stock market loves this term!) I have enjoyed everybit of my stay on TED and have learnt a lot from this forum and have enjoyed it throughly. I have found a lot of expertise in various sectors , which makes it different from the "Buy this today, sell this tomorrow ' kind of messages on sees on some other messag board.

Hey prosperity, although am yet to meet you or know you personally but can imagine you jumping and pumping and having high fives and what have you....your cyclicals are really turning it on. Look at Tata Steel, Sesa, sterlite....all have started to perform......even the dogs are lloyds and ispats are doing their bit and today even the super dog of the dog called hindalco has managed to raise its head......woowwwww and congratulations!!!!!. By the way, were you also upbeat on fertiliser??????

Will you be kind enough to explain this statement of yours, Smartcat Sir?????