| Author |
Message |
omshivaya
Senior Member
Joined: 06/Sep/2006
Location: India
Online Status: Offline
Posts: 5966
|
   Posted: 09/Oct/2007 at 9:27pm |
|
Yes, Golden words there Lalit jee.
|
|
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
|
 IP Logged |
|
|
|
 |
|
reetesh
Senior Member
Joined: 01/Sep/2006
Location: India
Online Status: Offline
Posts: 793
|
Posted: 09/Oct/2007 at 9:31pm |
Well said, nice to read!
These things/questions are best answered by time! It is all very very easy to write or talk about, this thread is teaching me the most man!
Just one pointer: Sir.. is already gettin cautious... 
Remember in long run it is "ZERO SUM GAME" check how many people make money in this market, all of that conviction is worth pea nuts! In this digital age everyone has the same info. then everyone is havin there share of conviction resultant nobody looses money! WoW
Edited by reetesh - 09/Oct/2007 at 9:44pm
|
|
When going gets tough, that’s when tough (people) gets going.
|
|
IP Logged |
|
|
|
go4lalit
Senior Member
Joined: 27/Aug/2006
Online Status: Offline
Posts: 135
|
Posted: 09/Oct/2007 at 9:49pm |
Thanks OM... Pls don't put Ji with my name...
There are still opportunies in the market, but we need to look for stocks/opportunies which are unexplored with low market cap.
You can't do well buying what is popular or what everyone says will do well.
Some examples as how RJ is still able to pick baggers:
- He bought Geojit at 7/- when it market cap was below 200 crs around 2yrs back. up almost 6x
- He bought Alphageo almost a year back around 130/- again at below 200 crs market cap. Up almost 4x
- He had Provogue again below 200 cr market cap 2 yrs back. Up almost 5x.
From here also there will be multibaggers, but we will come to know only 2-3 years from now.
|
|
IP Logged |
|
|
|
smartcat
Senior Member
Joined: 29/Mar/2007
Location: India
Online Status: Offline
Posts: 4243
|
Posted: 09/Oct/2007 at 11:52pm |
| Remember in long run it is "ZERO SUM GAME" |
Trading in futures & options is a zero sum game - investment in stocks is not! Wealth is created in the cash market because companies that we invest in (hopefully) GROW.
That's why Economic Times always screams "Rs. 1,00,000 crores investor wealth lost!!" whenever Sensex falls by a few percentage points.
|
|
IP Logged |
|
|
|
reetesh
Senior Member
Joined: 01/Sep/2006
Location: India
Online Status: Offline
Posts: 793
|
Posted: 09/Oct/2007 at 11:58pm |
TRUE!!! How many of us do that? I have never met a person personally (we know who does and no one will say no now) who holds a stock for more than 6 months,,,,, Even 1 year is short term, if we go by TAX rule also!
Trading perse is ZERO SUM GAME!
Edited by reetesh - 09/Oct/2007 at 12:00pm
|
|
When going gets tough, that’s when tough (people) gets going.
|
|
IP Logged |
|
|
|
tigershark
Senior Member
Joined: 13/Oct/2006
Location: India
Online Status: Offline
Posts: 3542
|
Posted: 09/Oct/2007 at 7:32am |
|
et always gets it wrong caption should read rs100000 crores traders and speculators wealth lost
|
|
understanding both the power of compound return and the difficulty getting it is the heart and soul of understanding a lot of things
|
|
IP Logged |
|
|
|
snehaldani
Senior Member
Joined: 29/May/2007
Location: India
Online Status: Offline
Posts: 518
|
Posted: 10/Oct/2007 at 2:12pm |
Reeteshji, why would you believe that people do not hold shares for long period? I know enough people holding shares for really long period. In fact, historically, the minimum period of my holding ( of quality shares ) used to be 7/10 years. Now, it is 2/3 years to keep pace with the changing times.
I know people who are still holding Cogate , HUL ,Reliance etc. since their IPO s in late seventies.
|
|
Snehal P.Dani
|
|
IP Logged |
|
|
|
basant
Admin Group
Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
|
Posted: 10/Oct/2007 at 8:48pm |
Originally posted by Lakshya
Hello Everyone:
This is my first post to this amazing forum, & I hope I am posting in correct area. I am based in US, so not actively trading in Indian Mkt. Some time I read msg on moneycotnrol but most of the msg are following pump & dump theory. But I when I read Mr Basant on Petnaloon & Xbox on yes bank, ( I just found this fourm few days ago so not gone thru others yet) I was amazed... I had impression that in India everyone is playing gamble/satto but I think I was wrong, few people really do their DD and they alwasy ahead in game!
Personally I follow AAP ( I hardly hear this word on any place when I talk to my cousin relative in India- they have no clue! Only the know buy Reliance or buy this and buy that...I don't know why there is no focus on AAP??) Anyway I do invest in Indian equity mkt indirectly by country specific US MF like Matthew India (MINDX), or ETF call IFN but due to recent $ decline I am planning hedge against $ and so want to increase my Indian equity portion little bit more by directly investing In India.
But the way sensex is moving I am little concern, specially I am planning to increase my holding in US based Indian MF, which can directly effect with Sensex movement. From 2003 to 2007 Sensex moved to almost 15k! I am kind of lost. What are the major factors moving Sensex? I don't think retail investor can move sensex like this. Is it Weakness of US$ or something else? Is there any chance for reversal FII-FDI flow? Is there locking period for them? If smart money stay longer time and they may attract new money in that case this will create bubble bigger and bigger and cause major crisis.
Well this are all If's and But's... but just want add my 2 cents here... Basant ji has already said lot in his first post., I am afraid for armature investor/trader who just got couple of fat check due to IT/BPO job mkt boom and about to buy some expensive stock, which is bound come down drastically in few months. Beaning from Gujarat I have seen in Harshad M time, people has put their life time savings and lost everything. Other day I was just talking to my cousin and he told me that now even panwala & Barber is telling you what to buy and what to sell... thats scary!
Anyway I am planning to invested for 5yrs in Indian equity mkt, so what Sr Member think about it? In US 15% CGAR is big thing! So I will take 45% 
Thanks,
Lakshya |
Great to see you here. This rally has just started though I am cautious my apprehension is on the high PE stocks that tarde at a forecasted best case scenario of 25 times Fy 10!
Just buy the best in any of the frontline sectors and you should do well. 45% is a bit too much because it comes with associated risk. How about 35% - 40% CAGR?
I think Indian equities is the place to be in over the next couple of years or at this level we would not mind if it happens faster then that.
Moved your post to the introduction thread:
|
|
'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
|
|
IP Logged |
|
|
|
Active Topics
Memberlist
Calendar
Search
Help
Register
Login
