Basant Sir, we have got to have a re-look at this portfolio. we are staring down the barrell in case we dont do something about it. If we mark to market this portfolio at today's CMP, the situation starts looking quite grim.
Isn't that (MTM) the only way to value a portfolio?
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Posted: 25/Nov/2008 at 9:17am
Actually the whole bridge has come down under water!
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Posted: 26/Nov/2008 at 12:53pm
I would suggest that we have 3 TED XI Groups of stocks : 1) TED T20 XI - for 1-3 year duration 2) TED ODI XI - for 3-5 year duration 3) TED TEST XI - for 5-10 year duration Note : Just like some players like Dhoni and Sachin are playing in all 3 formats of the game we can have stocks in all the 3 TED XI Groups .
To achieve satisfactory investment results is easier than most people realize ; to achieve superior results is harder than it looks .
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Posted: 26/Nov/2008 at 2:28pm
Valuman,
Are you sure you are talking about years? or is it months/days ? People are getting in and out of stocks on a daily basis based on the price and forget why they bought the stock at the first place and what was the time period they had in their mind while buying it !!
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Posted: 26/Nov/2008 at 2:52pm
Originally posted by valueman
I would suggest that we have 3 TED XI Groups of stocks : 1) TED T20 XI - for 1-3 year duration 2) TED ODI XI - for 3-5 year duration 3) TED TEST XI - for 5-10 year duration Note : Just like some players like Dhoni and Sachin are playing in all 3 formats of the game we can have stocks in all the 3 TED XI Groups .
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Posted: 26/Nov/2008 at 5:22pm
Originally posted by India_Bull
Valuman,
Are you sure you are talking about years? or is it months/days ? People are getting in and out of stocks on a daily basis based on the price and forget why they bought the stock at the first place and what was the time period they had in their mind while buying it !!
Investing in stocks is basically investing in pieces of business .There are some business that keep growing steadily year after year and by the sheer power of compounding it helps you create wealth in the long run if you just keep holding on it ( provided you bought it at the right price ).There are some business that will grow very fast for 3-5 years and then stagnate for few years and then be back again doing brisk business .Some grow briskly for a few years and then loose track of their business and go to the doldrums . You need to identify which of these business you want to invest and what is the time frame you would like to hold . You will understand the time frame only when you understand the underlying business .Problem is people focus more on the price and not on the business and hence end up in mess .But understanding business is not an easy task especially for retail investors as many of us do not come from a business class to understand the business of the stocks that we own .If we have great business vision we would not be buying small pieces of business .In fact we will be setting up our own firm and listing the same in market .That is the reason why we are in TED to educate ourselves through shared collaborative learning .
To achieve satisfactory investment results is easier than most people realize ; to achieve superior results is harder than it looks .
Benjamin Graham.
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