Saturday, January 10, 2009

Warrnt Buffet's Quote

In evaluating people, you look for three qualities: integrity, intelligence, and energy. If you don't have the first, the other two will kill you.

Thursday, November 13, 2008

Promoters Buying

One of the better gauge of confidence in stocks is whether promoters are buying stocks of their own organization.

In this meltdown, management of these companies are buying stocks in their own organization.

1. C&C construction.
2. OPTCIRCUIT
3. AMD Industries
4. NIITLTD
5. GITANJALI GEMS
6. Man Industries
7. Jai Balaji
8. Mastek
9. GATI
10. Blue Bird
11. Aptech


This gives a sense what kind of buy opportunity we have in the current scenario.

Wednesday, September 17, 2008

Nuclear Power

Good article on why India needs Nuclear Energy
http://outlookbusiness.com/inner.aspx?articleid=1878&subcatgid=885&editionid=49&catgid=2

Friday, July 4, 2008

Tuesday, February 19, 2008

I bought two mutual funds

Last week I bought following two mutual funds.

1. ICICI Pru Infrastructure Fund.
This is primarily a large cap fund, so I get a exposure to quite a few index stocks.
More details about the fund can be found at ICICIPRU

2. DSP ML India T.I.G.E.R Fund.
This fund has good exposure to banking sector.
Details about the holding are at DSPML.

Saturday, February 9, 2008

This is what I am doing

This is my strategy for investment in stock market (especially in uncertain period).

I have target of investing of Rs 48000(48K) every year(at least for next 10 yrs).
48000 is just an example. I have divided 48k into 4 parts. For 2 parts i.e. 24K,
I have bought 2 SIP of Rs 1K each of Fidelity Equity Fund and HDFC Top 200 Fund.
Remaining is 24K. I have divided this 24K into parts of 12K each. I invest first 12K when markets crash by at least 15% and next 12K I invest when there is extreme pessimism all around.
This strategy in not full proof and some time I have to be patient for long long time before I get opportunity to invest. But then, I am not in hurry.

Quote from book Art of War

It does not take much strength to lift a hair, it does not take sharp eyes to see the sun and moon, it does not take sharp ears to hear a thunderclap.