@icanseeyourpix2 @ishmohit1 @arunkumar_cms @shubhfin An example: have 4 financials- 3 have done exceedingly well. One has just started, in this case made a basket.
Another example:- 2020-22 markets have spoiled us. In 2018-20, sideways market and downtrending are most frustrating
Another example:- 2020-22 markets have spoiled us. In 2018-20, sideways market and downtrending are most frustrating
@icanseeyourpix2 @ishmohit1 @arunkumar_cms @shubhfin Sat on steel tubes, amines and maize stock with no returns for 12-15months. Only to see them running massively when tide turned and their earnings were anyways growing (apart from maize one, cyclical)
@icanseeyourpix2 @ishmohit1 @arunkumar_cms @shubhfin True answer is: it depends upon situation to situation and stock to stock
@icanseeyourpix2 @ishmohit1 @arunkumar_cms @shubhfin Sometimes sell and lock in the gains- eg, a chemical co I rode from 2020-mid 22. As I found the valuation to be high and near term headwinds were evident. Thus, cut and allocate somewhere else. Even though story is good, will relook after 4-5 quarters
@icanseeyourpix2 @ishmohit1 @arunkumar_cms @shubhfin At the end, we marry our XIRR and not long term buy and hold mad love
@icanseeyourpix2 @ishmohit1 @arunkumar_cms @shubhfin Even Buffett bought and sold 400+ stocks in early partnership days. We are just mere humans
@icanseeyourpix2 @ishmohit1 @arunkumar_cms @shubhfin Coming back to financial example:- that one I expect just in my way of analysis and work I have done. Will be doing 2%+ ROA and yet trades at Sarkari bank valuation.
Even a shitty bank at 1% ROA gets premium, sector leading metrics and bottom quartile valuation
Even a shitty bank at 1% ROA gets premium, sector leading metrics and bottom quartile valuation
@icanseeyourpix2 @ishmohit1 @arunkumar_cms @shubhfin That's my variant perception. YTD that bank has still outperformed the biggies, yet no valuation rerate. Only earnings growth.
I will chill with it, till Mr. market realises or I am proven wrong
I will chill with it, till Mr. market realises or I am proven wrong
@icanseeyourpix2 @ishmohit1 @arunkumar_cms @shubhfin P.s.
Just my way of playing higher allocation bets. TA is good, helps you to avoid dead money. Just a chart can't give conviction to load up. Conviction on earnings is what FA gives.
Both TA and fa are tools to track and perspectives. No one is right or wrong here
Just my way of playing higher allocation bets. TA is good, helps you to avoid dead money. Just a chart can't give conviction to load up. Conviction on earnings is what FA gives.
Both TA and fa are tools to track and perspectives. No one is right or wrong here
@icanseeyourpix2 @ishmohit1 @arunkumar_cms @shubhfin Tried giving an in-depth answer @icanseeyourpix2
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