thanks to some of you, and your active persuasion, i am starting my own blog. make no mistake, I AM NO EXPERT ON STOCKS, so i do not take any responsibility for any losses that you make, however, any profits that you make can be generously shared ;)
cutting straight to point, FSL has been a pain (and i am typing this from a pure investment angle), thanks to esops, this script holds the maximum weightage in my portfolio and has generated a meagre return of 10% during the time others have given at least 50% !!
calendar q2 2008 is when i will sell it if it does not cross 100 convincingly.
i have few simple strategies when it comes to stocks:
1. get a share of the wallet ! invest in companies which benefit from your and my day to day spending
2. buy a stock which will last for 15-20 years
3. buy and buy and buy ! i am not a seller
4. buy stocks or businesses you understand, i understand a shit about oil refineries, hence i did not pick reliance petro, though i saw it going from 70 to 250 !
5. last but not the least, buy companies not stocks
i have classified my portfolio based on the time frame that i think i will be holding them:
1. stocks for my "grand-children":
we often hear, "if only my dad had bought 100 itc or infosys in 1991, i would have 2 crores today" ! phew, thats over, how many have you bought for your kids, or with a time horizon of 10-15 years ?
my top picks (i own these) in this category are: icici bank, sbi, ntpc, hdfc, reliance communication, adani enterprise, l&t, punj lloyd and gujarat ambuja. these are my never sell stocks. i know reliance is missing, i plan to add it soon.
2. stocks that are potential mutibaggers:
my top holding in this catagory are adlabs, mic electronics, revathi cp, india humes pipes, reliance infra, jai corp.
each of these have a convincing story behind them. mic electronics is into led lighting which is being touted as the replacement for bulbs and cfl lamps in the near future.
adlabs is riding on the entire movie production and cinema hall exhibition space. its backed by anil ambani and has plans of going global. can double from current levels in a year.
revathi cp, indian humes pipes, reliance infra and jai corp are plays on the infrastructure boom thats about to take place in india. a little speculative and risky. worth 5-10% of your portfolio
from time to time i will be updating this profile. if you have any queries please leave a comment, i will try to reply to the best of my knowledge and abilities.
and yes, thanks for stopping by ! leave a comment so that i know you were here :)
skip to main |
skip to sidebar
iyell is my attempt to connect with you | simple, precise and personal | investment (stock) ideas, cricket, internet, technology and personal journal finds space here |
Blog Archive
a 'byte' about me
- ume$h
- born in calcutta | schooling from r k mission and graduated from presidency college in statistics | worked with gecis, airtel and now firstsource
5 comments:
I always knew Umesh to be a keen sharemarket investor. But the simplicity with which he has explained the nuances of the market movers & shakers, makes it a nice read. May the bull always rage!
Umesh, this is really exiciting and good to read your comment about buy and buy and buy......I am actally a trader but try to change this habbit as I have sold some stocks which i know can stay for 15- 20 yrs and now I am repenting.
I agree to you that we should buy the stock or business that you understand But, I really need your help to understan how to understand the business that you don't know e.g Heavy engineering, Construction etc ...and the stocks are doing really good in that.
Your mention about buy companies not stocks....how to evaluate that ....i picked up Dabur few months back keeping in mind the company is good ...but was loosing big time and sold..
Happy to see this...
The simplicity with which u have explained the basic funda of share market is truly amazing. words like nifty, sensex and share market on the whole seemed like a jigsaw puzzle. although it's very alluring to get into something that can provide u with some fast buck i wouldn't dare to go for it. reason being- "i dont understand a head or tail of this GAMBLING industry". things sound simpler now that i have read this blog. but i have certain queries. at some point u mentioned that "buy buy and buy stocks" and then u go on to say that" buy companies and not stocks". this has confused me a lot.u further mentioned that one should buy stocks and forget about them. then how is it that we are making money if we aren't going to sell them off? pls clarify
Thanks for updating my views regarding investment. As I am naive to this market. so it will help me lot to make decision. I want to discuss few thing about investment. could u be in touch with me at kunal.4u2@gmail.com. You will be surprise. Waiting for your response. Since long um looking for you.
Could you recognize me by name. Kunal Keshri.
Post a Comment