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India_Bull
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Quote India_Bull Replybullet Posted: 24/Mar/2007 at 1:35pm
Kulmanji,
 
Just a query , (out of context)are you an  investor from Pune who is in the news almost every year for his corporate raids ?
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kulman
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Quote kulman Replybullet Posted: 24/Mar/2007 at 8:57pm

are you an  investor from Pune who is in the news almost every year for his corporate raids ?

---------------------------
Sandeep jee
 
You are correct partially.
 
Yes, I'm from Pune.
 
And yes, I believe that I'm trying to be an Investor.
 
As far as I know I haven't done anything which can put me in the news.
 
Regarding Raids, yes my portfolio used to be always in the Red before joining TED.
 
Kyon mazaak karte ho gareeb ke saath!
 
 
 
 
Life can only be understood backwards—but it must be lived forwards
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omshivaya
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Quote omshivaya Replybullet Posted: 24/Mar/2007 at 10:28pm

Hahahahaha! As usual, Kulman ji is at it...

The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it
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deveshkayal
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Quote deveshkayal Replybullet Posted: 24/Mar/2007 at 10:49pm
Raid toh Kulmanji khud karte hain Lal family par! Smile
"You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beat the guy with a 130 IQ. Rationality is essential"- Warren Buffett
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kulman
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Quote kulman Replybullet Posted: 24/Mar/2007 at 10:55pm
LOL ha ha ha.....
 
Devesh jee is in great form today. Maybe due to his fav Gilchrist's quick knock of  42 out of 42 balls s/r of 100!
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basant
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Quote basant Replybullet Posted: 22/Apr/2007 at 3:02pm

There are two classes of investors:

 

Class A=>

 

1)      They want to buy good growth companies that the nromal person on the street is not bothered about and looks at with suspicion but the potential is enormous.

 

2)      This investoir feels that if the stock doubles from current levels his margin of safety is 50% and works on those principles

 

3)      He is not bothered by dividends because he is here to make a long haul.

 

4)    Most of the time he would discuss business model and managemnt and evaluate valuation on the potential rather then historical perspectives.

 

5)      Book value means nothing to him and he feels that everything that the annual report contains is discounted in the price (to a large extent).

 

6)    He looks for broad themes and wants to compare PE's to growth rates rather then interest rates.

 

7)      He loves Lynch and Buffet and only respects Graham because he thinks Graham lived in vacuam (strong words to use but this is what he thinks).

 

8)      He is interested in time bound programs and has two plans ready simmultaneously. What if stock A falls or does not perform till a certain deadline. He cannot wate time because he is trying to make it big.

 

9)    Some of his stocks would become zero value and he knows it but he thinks that some would also rise multifold and the rest  go nowhere.

 

10)  These investors invest in companies and keep looking at them from a 3 year fast forward basis

 

11)  They love to keep concentrated portfolis because diversification dilutes the cream.

 

12)  They look at beta, alpha, standard deviation, chasrts, RSI, 200 DMA only for fun and discussion but never act on them.

 

Class=> B

 
Do not believe in class=> A investor and have their investing strategy in complete contrast (opposite) to the other type of investor.
 
 
Bottomline: Both are trying to make some money with different strategies and I am in the Class =>A  category
 
'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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India_Bull
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Quote India_Bull Replybullet Posted: 22/Apr/2007 at 4:26pm

Basantjee,

The percentage of class A investors is far less than the class B. (SmileGood for me since I have  vested interest in broking firmsSmile)
 
One of my relative , a 25  yr old , wanted to start in stocks, I advised him a year back to start with reading business newspapers , annual reports etc.. to begin with) Recently I had convesation with him, he wants to become big  overnight Smileand he said, he is playing futures and options Smile
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deepinsight
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Quote deepinsight Replybullet Posted: 22/Apr/2007 at 6:02pm
Originally posted by basant

There are two classes of investors:

 

Class A=>

 

1)      They want to buy good growth companies that the nromal person on the street is not bothered about and looks at with suspicion but the potential is enormous.

 

2)      This investoir feels that if the stock doubles from current levels his margin of safety is 50% and works on those principles

 

3)      He is not bothered by dividends because he is here to make a long haul.

 

4)    Most of the time he would discuss business model and managemnt and evaluate valuation on the potential rather then historical perspectives.

 

5)      Book value means nothing to him and he feels that everything that the annual report contains is discounted in the price (to a large extent).

 

6)    He looks for broad themes and wants to compare PE's to growth rates rather then interest rates.

 

7)      He loves Lynch and Buffet and only respects Graham because he thinks Graham lived in vacuam (strong words to use but this is what he thinks).

 

8)      He is interested in time bound programs and has two plans ready simmultaneously. What if stock A falls or does not perform till a certain deadline. He cannot wate time because he is trying to make it big.

 

9)    Some of his stocks would become zero value and he knows it but he thinks that some would also rise multifold and the rest  go nowhere.

 

10)  These investors invest in companies and keep looking at them from a 3 year fast forward basis

 

11)  They love to keep concentrated portfolis because diversification dilutes the cream.

 

12)  They look at beta, alpha, standard deviation, chasrts, RSI, 200 DMA only for fun and discussion but never act on them.

 

Class=> B

 
Do not believe in class=> A investor and have their investing strategy in complete contrast (opposite) to the other type of investor.
 
 
Bottomline: Both are trying to make some money with different strategies and I am in the Class =>A  category
 
Basantji:
excellent articulation on a philosophy that would create huge returns for investors.
 
Q. Why do most people fail in either walking this path or executing on this strategy?
 


Edited by basant - 22/Apr/2007 at 6:56pm
"Investing is simple, but not easy." - Warren Buffet
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