Well, in a positively skewed distribution Arithmatic Mean is greater than Median. This, a large population will always be less than Mean. Index has been defined as mean, and hence it beats the majority. Define index in terms of median and index will underperform. Index is good because of this definition.
Yes, nature of index like higher weightage of winners, cutting the losers, buy and hold strategy, 100 percent investment at all times are certainly good investment strategies.
Posts in category Value Pickr
Why dumb Mr. Index is so tough to beat? Let’s discuss it’s alpha (09-08-2024)
My portfolio expert advise needed _/\_ (09-08-2024)
When you are holding stocks, in order to ensure you have the stocks which will increase your networth, it’s a matter of few minutes to spend on the financials of the company quarter on quarter and make sure you are holding the right stock. You need to see the turnover figure, profit margin & the absolute net profit figures. Compare them with earlier quarter, year on year etc. It doesn’t take too much knowledge to analyse that.
Hindware Home Innovation Ltd on to rapid growth post demerger? (09-08-2024)
Flat revenue growth and net profit to loss.
They are disposing the retail business of EVOK furniture which should reduce losses in future.
Company will raise ₹205 Cr through rights issue, details of which are not provided at present.
SG Mart- Can it successfully create a marketplace? (09-08-2024)
How do you assess the Q1 Results of SG Mart? Ofc, there’s a massive YoY growth but, QoQ degrowth…
Surya roshni ltd (09-08-2024)
Q1 FY25 presentation-
Q1 FY25-
-Product mix driving margin expansion
Entered in new product segmen t of Mono Block Residential Pumps via launch of ‘Surya Water Pumps’ in the month of July 2024.
• The market size for such pumps is ₹ 1,000 crore and is growing fast driven by ‘Har Ghar Nal Se Jal’ scheme of Government of India.
• Inspite of significant price erosion in consumer lighting business, we recorded a quarterly revenue growth of 3% and stands at ₹ 385crore in Q1FY25
• Robust volume growth, led by a better product mix in favour of higher margin value products and cost savings from backward integration driven by PLI, has led to a steady improvement in operating profitability
• EBITDA marginsfor Q1FY25 stood at 9.01% as against 8.83% for the same quarter last year
• Professional Lighting grew by 18% – driven by infrastructure as well as industrial projects
• Consumer lighting business witnessed double digit volume growth in mostsub-categories
• The fan business has done exceedingly well in Q1FY25. It recorded a volume growth of 43%. Our margins in this business also witnessed improvement. The hot summer in India & launch of many products in previous quarter enabled us to increase our market penetration in this category
• Appliances segment witnessed volume growth of 15%
EBITDA/Ton for the quarter stood at ₹ 6,065, up by 38%, as compared to ₹ 4,388 the same quarter last year – this is on account of better product-mix
• Value-added products (API, Spiral & Galvanized pipes) constituted about 46% of our total revenue in Q1FY25
• Strong in – hand order book of about ₹ 600 crore as on 30th June 2024 for Oil & Gas sector, Water Sector and Exports business .
• Gained Market Share to ~10% of Oil & Gas Transmission Pipes o Cross Country Land Pipes o City Gas Distribution (CGD)
• Water Transmission provides higher growth opportunities
Project to manufacture GP and CR coils/pipe
• Setting-up expansion project with an outlay of ₹ 75 crore at Hindupur, A.P.
• Purpose: Presently, the company procures the GP coil and CR coil from the suppliers. The company intends to ensure availability of GP coil/ CR coil every time as per the requirement of the market along with the cost lower than the market price to cater South Indian market.
Laurus Labs – Can Business Transform to Next Level? (09-08-2024)
I have exposure in Laurus Labs and forms part of my broader exposure in the sector.What company/companies are you moving your exposure to in the same sector?
Carysil (earlier Acrysil) – Kitchen sinks (09-08-2024)
Chances of reaching 1000 Cr this year will not be possible, they may end up ~900 Cr as per the con call
Antony Waste – Long Term (09-08-2024)
That’s because they have had same revenue stream at same capacity for some time. YoY sales have doubled in 3 years.
They have been adding new vertical and have been in capex mode for past couple of years. Future will be better. Though I agree on the PE re rating part. Disc: invested and bias.
Why dumb Mr. Index is so tough to beat? Let’s discuss it’s alpha (09-08-2024)
The statistical certainty is because of statistical distribution of behavioural biases. This is what what I am trying to dissect here. What are those methods of Mr. Index that make it an outlier among individual investors.