Alert: Seems one is using the name of
@PortfolioYoga
to ask for money for Intraday advise.
Call received from Number bearing +91 81110 - 01861
Do note that
@PortfolioYoga
has stopped accepting any new clients long back and is not providing ANY SERVICE or asks for money.
RBI says just 5% of India's Wealth lies in Stock Market.
On Twitter, it looks like 95% of India's Wealth is tied to the Stock Markets.
Amplifies both positives and negatives big time.
BPCL gives Rs. 58 as dividend. If you are in the 30% tax bracket, you pay back the Government 17.40
But the market will discount the stock (on ex-date) by 58 bucks.
Who has gained? 😉
In Feb 2006, Invested in HDFC Long Term Equity Fund. In 2014 was merged into HDFC Equity Fund which was later renamed HDFC Focused Large-Cap Fund & has now been merged with HDFC Flexi Cap Fund.
Returns since Inception = 10.75% vs Nifty TRI returns of 13.07%. 😑
At the start of a Bull Market - Investors are Surprised. Why is the market moving up while Economy is Shit
At the start of a Bear Market - Investors are Surprised. Why is the market moving down while the Economy is doing so Great.
In the current market where 90% of the stocks are trending up, you are NOT a genius if you are making money, you need to be a Genius to lose money though.
In 2000, I learnt the art of losing money in Value Stocks
In 2008, I learnt the art of losing money in Growth Stocks
In 2020, I am learning the art of losing money in Momo Stocks.
Is the cycle complete or what? 😝
If instead of Mukesh, what if Anil had succeeded. Well, the lesson we would have been taught is - never keep all your eggs in a single basket. The Power of Narrative
Colombo Stock Exchange Index opened in January 2009 at its lowest point. The Global Financial Crisis had taken its toll with the Index slipping 51% from its high and the Currency at 113 for a $
Kotak Multicap Fund needs to buy 7,000 Crores of Small Cap stocks per new Regulation
Kotak Smallcap Fund has a AUM of 1667 Crores.
If you still think the Multicap manager will Buy so much of Small Cap, I would love to have what you are smoking 🤩
Investing like Entrepreneurship is hard. 8 out of 10 don't make it in the long run. The 2 who succeed write realms about their path providing fodder to the next 100 aspirants.
The consensus I am seeing in Analyst Reports and Views is that 2020 is the year for Mid and Small Cap. The reason for the unifying stand seems to be based on "Mean Reversion"
Why get wealthy? – So you can have your freedom
“So you don’t have to be any place you don’t want to be. You don’t have to do anything you don’t want to do. You can wake up when you want. You can sleep when you want. You don’t have a boss. THAT’S freedom. -
@naval
On 22nd of February 2000, Wipro made its all time high (10,350 {non adjusted} and 310 {adjusted}). This got broken in September of this year.
20 Year Price CAGR = 0%
20 Year Sales CAGR = 18.80%
20 Year Net Profit CAGR = 8.55%
#startingvaluationsmatter
If you are a long term investor, you should welcome a Coalition government led hopefully by a small party leader. Gives you ample time to accumulate a very good portfolio at ridiculously cheap valuation.
#IndiaElections2019
If u bought 100 shares Of Pidilite in 1995, U wud hv 8000 shares today
1:1 Bonus in Oct 1996
1:1 Bonus Jan 2000
1:10 Split July 2005
1:1 Bonus Jan 2010
100 shares wud hv costed 32k. After all splits & bonus, 8000 shares wud b worth ~2 cr
Own businesses, think decades!
The Standard Formula for Emergency Funds is 6 months of Expense. I think that the number of months should keep increasing as you age.
Reason: As you grow older, tougher to recover from a Business Failure / Loss of Job than when one is younger. 6 months would run away in no time
In 2018 when Flipkart was acquired by Walmart valuing the company at $21 B,
@AswathDamodaran
called it "World’s Most Expensive Facelift"
3 years later and no closer to making profits anytime soon, its now valued at $37.60 B
The four leading food-tech players (Zomato, Swiggy, Uber Eats and Foodpanda) have created more than 400,000 jobs through their food delivery operations alone. (Source: Edelweiss Report on Retail)
Its becoming fashionable to blame Santhosh Kamath for taking Credit Risks that bombed. The issue that Franklin has faced was not about Credit but Cash Flow. My thoughts,
i searched: "how to make time bomb"
google answered: "build an equal weighted portfolio of following stocks"
though 2-3 out of these will go on to become multibaggers but don't know which ones in advance.
Malaysia Airlines Flight 370 vanished into the Indian Ocean five years ago, and we still don’t know why. The explanation lies not in the sea but on land—in Malaysia, where officials know more than they dare to say. William Langewiesche reports:
The Median 3 Year CAGR returns for stocks that are traded (and have continued to be listed) on the NSE is -17.80%
Of the 1400 Stocks, only 295 have positive returns.
Net profit of Rs 400 crore on a total revenue of over Rs 850 crore. Don't know a company with such incredible margins in a field as competitive as Stock Broking
The average Indian household holds 84% of its wealth in real estate and other physical goods, 11% in gold and the residual 5% in financial assets.
2017 RBI Report
Spend less, Save more they said. So, rather than buying a Maruti Car, they bought Maruti shares. Now, they don't have a Car and yet have a Depreciated Asset 😜
When a large investor invests into Micro Cap Stocks, he is basically investing money that is a rounding off error for him (as % of networth).
Beware of following him with money that can materially impact your life.
{Micro Cap = Market Cap less than 1000 Crores)
The amount of good reading that is available for Free is just astonishing. This 5000 word essay on David Tepper for example by
@NeckarValue
- its a Biography that removes all the unnecessary and concentrates on the key things
On one hand,
@WarrenBuffett
advises retail investors to buy ETF's and on the other hand, goes out to buy
@amazon
shares. As
@deepakshenoy
rightly says, Do what he Does, not what he Says :)
If (Reliance) can pull off the transition from operator and investee to operator and investor, it will remain the best way to invest in India for decades to come.
A very very comprehensive deep dive on Reliance Industries
Client asks for "Refund". Says my Momentum Portfolio is "too conservative". Sorry to see him go, but gladdens my heart that I am not swinging for the fences either 😃
Once a decade the markets will take away 60-80 pct of ur wealth. The key is to survive that period and not get scarred.
Dar ke aage jeet hai
It happened in 2000; 2009 and 2020.
Being 100% in Equities is not a bad idea if you have
- a secured job that you don't think will lose
- no debt to pay off
- passive Income from other sources not directly linked to markets
- ability to live without equity returns for years / decades if things go wrong
In a bull market, all you need is outline of a story. Masses will extrapolate & flesh out the story better than what even the company may have envisaged😉
Don't play a game where you don't have a edge. It will ultimately destroy you (mentally more than financially most of the times).
#RandomThoughts
/*End*/
The
@PortfolioYoga
Momentum Portfolio owns IRCTC. Today, the Portfolio is down just 0.37%.
Focus on the Portfolio, not on the movements of Individual Stocks.
* Infosys chucking out 2200 employees
* Congnizant about to lay off 7000 employees.
* Capgemini removes 500 employees.
* 1 lac jobs on stake in telecom sector
Atrocities of others did not bother you.... Don't worry government is reaching out to you soon...very soon!!!
Inspired by twitterati, My 2010's
Co-founded an Advisory 😀👍
Shutdown Advisory 😢
Took a Job and Moved to Mumbai💩 🌈🚬
Back to Bangalore 🏠🎂🏡
Finished CMT 😊
Founded
@PortfolioYoga
💫
Took a Job again 🤩🤩🤩
Ending the decade at Crossroads 🔀
Here is to a Great 2020's 🙏
Client: Why is the Market Going up?
Analyst: Great Results
C: What Results?
A: 84% of S&P 500 companies have exceeded estimates
C: How did they manage that
A: We cut the estimates to make it easy for them
.
Reminds me of this
Had been to Ikea. 90% of products sourced from either China or Philippines. Only place with near 100% sourced from India were products sold in the Food Court😉
DMart and Hero EPS 7.6.and 173 respectively!!
Dmart has same market cap as HeroMotoCorp
Dmart Profits 474 Cr
Hero Profits 4000 Cr
Investor: Hero Motors is EXPENSIVE 😜
Friend, 55 Years of age has retired with 30 Lakh of Savings. Own House. No Kids. Requires 15K p.m for expenses.
How would you plan for such a person?
#personalfinance
Still unable to understand the anger against IPL. Assume they were all sitting at home vs playing, would it have changed things anything more than what is happening now?
Negative Persons who cannot dream of 4% monthly compounded yearly for 5 years need to be blocked lest they pollute gullible minds with their nonsense 😃
Option Gurus have 100K+ followers, Real Fund Managers handling hundreds of Crores have less than 10K and we wonder why do so many are happy sell shovel's instead of owning the mine
28th Feb 2020: Nifty @ 11,201
% of stocks above 200 EMA = 21%
% of stocks above 50 MA = 18%
6th July 2020: Nifty @ 10,763
% of stocks above 200 EMA = 46%
% of stocks above 50 MA = 91%