tag:blogger.com,1999:blog-7148222695370746347.post1115861368992332757..comments2023-10-15T17:16:24.091+05:30Comments on Stock Market Charts | India Mutual Funds Investment: Which sectors should you invest in?Subhankarhttp://www.blogger.com/profile/13248068905130821262noreply@blogger.comBlogger11125tag:blogger.com,1999:blog-7148222695370746347.post-63438837343991250892009-04-03T20:43:00.000+05:302009-04-03T20:43:00.000+05:30Hi VenkyYou have a point there about HUL. I have b...Hi Venky<BR/><BR/>You have a point there about HUL. I have been invested in it for so long and have received such huge returns that I some times ignore that its performance hasn't been all too great in the recent past.<BR/><BR/>During Keki Dadiseth's time, HUL (then HLL) got into a lot of unrelated di'worse'ification. They have mostly extricated themselves from the mess.<BR/><BR/>It is still a good stock to own for the steady dividend income. Plus it saves one's portfolio during bear markets. So does ITC. Dabur is good too, but I don't track it.Subhankarhttps://www.blogger.com/profile/13248068905130821262noreply@blogger.comtag:blogger.com,1999:blog-7148222695370746347.post-49398872979743808072009-04-03T20:36:00.000+05:302009-04-03T20:36:00.000+05:30You are obviously smarter than me, Eswar. It took ...You are obviously smarter than me, Eswar. It took me nearly 5 years to learn patience and defensive investing. (Now you know the secret of why my URL is what it is!)<BR/><BR/>A couple of cyclicals like Hindalco and Tisco can meet your investment criteria of meandering along for a long while and then spurting up fast.Subhankarhttps://www.blogger.com/profile/13248068905130821262noreply@blogger.comtag:blogger.com,1999:blog-7148222695370746347.post-42942544036252818812009-04-03T18:46:00.000+05:302009-04-03T18:46:00.000+05:30I think most, if not all of the fresh entrants are...I think most, if not all of the fresh entrants are like that. <BR/><BR/>It does take time to realize (especially if one enters during a bull market, which I am sure 99% do :-)) that Warren Buffett's Rule #1 "Never Lose Money" is perhaps the most important rule in the stock market. It took me 2 years to comprehend it's meaning :-)<BR/><BR/>Besides I think conservative and patient investors are a rare breed.<BR/><BR/>Generally, I think most of the "investors" look for instant action. But, FMCG and Pharma stocks are mostly slow movers. <BR/><BR/>I honestly would love a stock which stays range bound for a year and a half and in the next three months - zooms. Gives ample time for addition and also review of few (at least a handful of) quarters' performance just to ensure that the basic reasons for picking the stock remains.<BR/><BR/>But, the "rest of the world" loves zip, zoom, crash, bang and bust and hence they remain "unexcited" :-)Anonymoushttps://www.blogger.com/profile/14686273117038425857noreply@blogger.comtag:blogger.com,1999:blog-7148222695370746347.post-51257120305431223602009-04-03T12:34:00.000+05:302009-04-03T12:34:00.000+05:30Hi,Nice post. As Ben Graham says in the intelligen...Hi,<BR/><BR/>Nice post. As Ben Graham says in the intelligent investor "An investment operation is one which, upon thorough analysis promises safety of principal and an adequate return. Operations not meeting these requirements are speculative".<BR/><BR/>The sectors highlighted by the post are defensives as some would call it. I do agree on the broader points but would like to dispute on certain companies like HUL. Simply because the higher ROE has come about by not higher earnings, but by stock buybacks. Nothing wrong in it per se, but it does not result in an needed "adequate return on the investment". I think companies like ITC & Dabur have done that fairly well over the years. So they do fit the bill.<BR/><BR/>VenkyVenkyhttps://www.blogger.com/profile/03753291437493989196noreply@blogger.comtag:blogger.com,1999:blog-7148222695370746347.post-65016419816515407932009-04-03T02:58:00.000+05:302009-04-03T02:58:00.000+05:30To me sustainability of returns is more important....To me sustainability of returns is more important. Multi-bagger will automatically come with it. If interested check out this link <BR/><BR/>http://www.theincomeportfolio.com/2009/03/measuring-progress-yield-on-cost/<BR/><BR/>is this multi bagger or sustainability ?income.portfoliohttps://www.blogger.com/profile/06576906956732153866noreply@blogger.comtag:blogger.com,1999:blog-7148222695370746347.post-68613068380860365142009-04-02T13:47:00.000+05:302009-04-02T13:47:00.000+05:30Hi EswarGood to hear from you. If one had entered ...Hi Eswar<BR/><BR/>Good to hear from you. If one had entered the market like I did - fairly clueless and investing willy-nilly into whatever was the flavour of the month - the outcome would be obvious. Lot of hard-earned money down the drain.<BR/><BR/>Preservation of capital is of the utmost importance. Retaining wealth is much more difficult than making it. Some are lucky to own a few multibaggers. Very few retain their profits.Subhankarhttps://www.blogger.com/profile/13248068905130821262noreply@blogger.comtag:blogger.com,1999:blog-7148222695370746347.post-13269200884444306752009-04-02T07:22:00.000+05:302009-04-02T07:22:00.000+05:30Unexciting? If they calculate that IF invested at ...Unexciting? <BR/><BR/>If they calculate that IF invested at the right levels (say Circa 2004 - I do not know markets before that), FMCG would be akin to a FD, only that dividends and any profits you skimmed off would be tax free. Likewise for Pharma, especially for unexciting stocks like Glaxo, which like an elephant moves 100 bucks either way in five years. But, a Glenmark would have provided multi-bagger returns.<BR/><BR/>I think these sectors have more to do with err...what's that bad word? "Preservation of Capital"? ;-)Anonymoushttps://www.blogger.com/profile/14686273117038425857noreply@blogger.comtag:blogger.com,1999:blog-7148222695370746347.post-34153385469829276662009-03-29T08:40:00.000+05:302009-03-29T08:40:00.000+05:30Thanks, TIP Guy.Guess dividend income is considere...Thanks, TIP Guy.<BR/><BR/>Guess dividend income is considered old fashioned investing. Most young investors find FMCG unexciting and lose money in their quest for the mythical 20 baggers and 100 baggers.Subhankarhttps://www.blogger.com/profile/13248068905130821262noreply@blogger.comtag:blogger.com,1999:blog-7148222695370746347.post-8830490977333166872009-03-29T02:56:00.000+05:302009-03-29T02:56:00.000+05:30being a dividend investor, I love FMCG too. I woul...being a dividend investor, I love FMCG too. I would tend to think, all conservative investor would like FMCG.income.portfoliohttps://www.blogger.com/profile/06576906956732153866noreply@blogger.comtag:blogger.com,1999:blog-7148222695370746347.post-49666231454672241042008-12-16T11:45:00.000+05:302008-12-16T11:45:00.000+05:30Thanks Rohit. You have probably realised from my r...Thanks Rohit. You have probably realised from my recommendations (they are not really 'picks' because they are all well-known stocks) that I'm also a conservative investor.<BR/><BR/>The Sensex appears to be in a sideways consolidation range between 7700 and 11000. While all the recommended stocks are currently available at reasonable prices, you may be able to enter at better rates once the Sensex retraces to the lower level of the range.<BR/><BR/>You can also try to 'Rupee-cost-average' by systematically investing every 10-15 days while the Sensex stays within the range.Subhankarhttps://www.blogger.com/profile/13248068905130821262noreply@blogger.comtag:blogger.com,1999:blog-7148222695370746347.post-80715311652191156392008-12-16T05:47:00.000+05:302008-12-16T05:47:00.000+05:30Hi SubhakarI was reading your blog and was quite i...Hi Subhakar<BR/>I was reading your blog and was quite impressed with the recommendations that you have made. I am a conservative investor and more or less agree with the 'picks' you have made. Though you would agree that picking them at the right price could be a little bit challenging.rohithttps://www.blogger.com/profile/13700299634997135723noreply@blogger.com