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Posted: 08/Apr/2008 at 10:31pm
Absolutely. But isn't that what long term investing is all about? You need to look at the destination and not the journey- terminal price rather then intermittent price corrections.
'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
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Posted: 08/Apr/2008 at 9:21am
I have no idea on this. WHen I said no commodity it was more a generalised comment then a tooth and nail issue. But one would have expected him to buy Tata STeel because I heard him being bullish on this in one of his interviews - but that was almost 3 years ago!
'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
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Posted: 08/Apr/2008 at 9:35am
Originally posted by basant
I have no idea on this. WHen I said no commodity it was more a generalised comment then a tooth and nail issue. But one would have expected him to buy Tata STeel because I heard him being bullish on this in one of his interviews - but that was almost 3 years ago!
Yes RJ was bullish on Tata Steel's business prospects in the long run .
To achieve satisfactory investment results is easier than most people realize ; to achieve superior results is harder than it looks .
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Joined: 06/Apr/2008
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Posted: 09/Apr/2008 at 3:02pm
RJ has also bought Ranbaxy though he maynot be holding more than 1% (per one of the business channels). He has expressed his bullishness on SBI in multiple forums but there is no mention of holding actual stocks.
But his closed associates RJ and RKD are supposed to be holding SBI.
Basantjee what about his indirect investment in Rishi Laser (in the name of Rekha Jhunjhunwala ).The company had made this annoucement to the Exchange informing about this preferential allotment
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Posted: 09/Apr/2008 at 10:52am
I think they were warrants!
'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
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