Thursday, May 17, 2007

Australia Won

This world cup cricket was a flop show. No team was even close to giving a fight to Australia. I expected Australia to lose but they proved me wrong.

The way I was against Australia typically represents the mentality we have towards stocks. Let me explain this.
Let's say Australia cricket team is a A category stock and teams like India , Pakistan etc are C category stock.
Most of the time we know that a A category stock will outperform C category ones but still we keep on betting on Cs. Classic case in Infosys. Infosys is just like Asutralian cricket team, consistent performance even in adverse conditions. Yet instead of buying Infosys we keep buying other C category IT stocks.

So next time try to bet on Australian cricket team rather than India.

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