I would assume that your dad after buying those stock would have forgotten about it. Otherwise people sell stocks for 10% gain.

If not that give my pranam to your father.

If someone had without going into details bought just the brand name stocks like Castrol, hawkins, TTK, EXIDE, Amarraja, BOI, Bosch, mcdowell, VIP united breweries and many many more brand name he would have beaten every emerging sector stocks plus all MF houses and rest of the analysts. The person would have made a record of 100 baggers in numbers of stocks.

The trick was just holding the stocks and avoiding the sectors plus Money to buy stocks how many of us had invest able sums then.

This gyan and lecture is with total hindsight advantage take it or leave it.

It seems just like in life in stock markets too simplicity in thinking wins every time.


Edited by chimak10 - 30/Sep/2010 at 12:21pm

here I am watching out 2 future multibaggers during the next 1-2year but, Any one of you have idea or comments please share

Originally posted by chimak10 I would assume that your dad after buying those stock would have forgotten about it. Otherwise people sell stocks for 10% gain. If not that give my pranam to your father. If someone had without going into details bought just the brand name stocks like Castrol, hawkins, TTK, EXIDE, Amarraja, BOI, Bosch, mcdowell, VIP united breweries and many many more brand name he would have beaten every emerging sector stocks plus all MF houses and rest of the analysts. The person would have made a record of 100 baggers in numbers of stocks. The trick was just holding the stocks and avoiding the sectors plus Money to buy stocks how many of us had invest able sums then. This gyan and lecture is with total hindsight advantage take it or leave it. It seems just like in life in stock markets too simplicity in thinking wins every time.

He never forgot but he never mentioned it until 2005. He also started serious equity investing that year and he now has 80% gains in a portfolio of 150+ stocks. And this is a man who until recently did not know or care about Rakesh Jhunjhunwala.

The main hurdle according to him was not money but financial literacy and accessibility to the share market in the 90s. People living outside the metros like us would buy gold, FDs, bonds like their parents before them but there was no one to tell them about the gains they could get from shares! Only scandal news would come on DD about the stock exchanges :D

His idea of holding for a long time also comes from patiently holding all those 25-year bonds, 5-year National Savings certificates,3-year NBFC debentures etc. Nowadays we are lured by easy money!

To buy shares even 12-15 years ago, one had to watch out for ads given out by the companies, take a DD or cheque and then send it to the company. Company would allot shares depending on its own calculations and then you had to wait for the certificates and refunds. What an opaque process compared to the demat and ASBA of today! He missed out on buying HDFC bank at issue price because of an error in the DD he sent. By the time DD came back, issue was closed.

The silver lining: IPOs the were priced at par to face value by law.


Edited by Kabootar - 30/Sep/2010 at 3:28pm

real nerve is staying on and adding more when your holdings are 20-30% down on their actual value... looking at long term movements of many stocks, it is clear that the pullback from the lows in 2008 actually took them to bigger highs than at the top of the last bull run!

i see no reason to sell if one is not in need of funds.


Edited by Kabootar - 30/Sep/2010 at 7:05pm