March 2021 A lot of businesses’ valuations multiplied by significant amounts in the past quarter. Few biggest ones that deserve mention are- IIFL Finance (IIFL finance was trading at 0.5 BV till Oct’ 2020) has quadrupled and is now among the top 10 holdings . IIFL finance is run by first generation entrepreneur with greatContinue reading “Quarterly Letter: March 2021”
December 12 , 2020 This letter is intended to reflect the activities over the past 9 months since the pandemic caused havoc in equity markets. In a way, this turned out to be a boon period enabling me to initiate huge positions in deeply undervalued securities These opportunities are very rare ( and sometimes takeContinue reading “Portfolio Review 2020”
Positioning portfolios to benefit from uncertainty and volatility As I highlighted in my previous post, the world is more uncertain than ever before. A majority of academicians and so-called experts are busy in predicting the impact on economy, financial markets and otherwise. None of them can have and will have any conviction of what isContinue reading “Prepare, Not Predict”
Tata Power Has 3 major business segments – Electricity generation via Coal T&D (Transmission & Distribution) Electricity generation (RE)- Wind and Solar Additionally, it holds coal Mines to source Coal for Electricity Generation Due to the nature of the business, Tata Power has strong and predictable cash flows on account of long-term PPAs with theContinue reading “Why I am investing in Tata Power?”
There is an old saying ” Spend the interest, Never the principal ” . For a salaried employee, it translates into “Don’t spend the salary, only spend the interest income”
Covid-19 lockdown provided me sufficient time and mental peace to rethink the approach in life, my philosophies and the fundamentals I believe in.
Auto-Investing same amount of money on a monthly basis is touted as one of the best strategies to average the buying cost. However, I was always a bit skeptical in the above principle, especially during the times when the markets are inflated in valuation
With regards to value investing approach, a majority of financial articles published in the top financial papers/magazines tell you to find and invest in undervalued stocks that have fallen the most, and currently have low P/E ratios
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