The Equity Desk - Report card

We have been about 75 days through this site and in these platinum jubilee days TheEquityDesk has been able to create a niche for itself. I have tried (with your support) to develop a theme that money can made by looking at the longer term approach and not by the intraday swings. This has found an almost consensus opinion.

We have also been very lucky to have had the wind behind us in these 75 days. The index moved up and that did help almost all these stocks. Now this list of 38 stocks is not to be bought or sold for shorter duration of time. So whether they have gone up 96% or have hardly moved the vision is still 2010 or thereabouts. People say do not get married to your stocks but there is no harm in getting married to companies. I shall be divorcing them the day they misbehave but as long as they make us feel comfortable why should we do away with them.

And finally this is the report card neither for The Equity Desk nor for me personally but this belongs to all the members who contributed even one line to this discussion. Most of the discussion was not initiated by me so it would be unfair and rather immoral if I try and take credit for the same.My preferences (not recommendations) have been listed in the segmentThe Equity Desk XI vs. Indian XI.

I shall continue to periodically update this feature irrespective of whether the market goes up or down so that we get an unbiased opinion of how we fared. As Kishor Biyani says “We shall celebrate our success and continue to learn from our mistakes.

Regards,

Basant’