https://twitter.com/ManickamRavich1/status/1728425505525837947?t=M6nZAWD9Lpk9Jj2OBU-nVw&s=19

This is from an investor with significant stake in both Basilic and Phantom.

https://twitter.com/BahirwaniKrish/status/1728416208368631963?t=w6UZ9Ja8nYJEeDPfxjWusw&s=19

This is from Krishna Bahirwani whose concall notes have already been posted in this thread

https://twitter.com/Finstor85/status/1728416667447767042?t=dlwDj_ucESwlC2PBRPUdzQ&s=19

And this is a well respected Twitter expert in IT cos agreeing with Tariq Bhai’s opinion.

So the jury is divided among the professional investors. Some guys in the Twitter thread have rightly pointed out that if AI were to entirely replace VFX, it won’t be long before they replace editing and design products like Adobe Premiere, AutoCAD etc. And majority of the IT services work. So if AI were to advance to the level anticipated, lot more than VFX companies will be affected. A good part of the NASDAQ and Nifty IT will go to dust too.

Basically you are asking is :

1. some of your positions have become quite big, and the way market is all time high, what to do about them, whether to sell them partially or bring in line with other positions or keep it untouched

2. you want to know what other investors do in this situation…whether they come in cash and sell the positions till the market comes to normal level or they keep holding all positions, irrespective of market levels?

Doctor, I don’t know much about Fisher, but Buffett is not an investor, he is a businessman, an entrepreneur. He buys an entire company or buys a stake in a company, which essentially makes him an owner of that company, to the extent of his stake. I am not sure if you are aware of this, but in his journey of decades, there were instances where he bought a stake in a company and sold it quickly. Not all of his purchases were long term, even his holding period is not forever for all of his purchases.

As expressed by Dr. Hitesh to a medical student in his thread, for someone who can understand the complexities of human body, investing is very easy. So if you think your current positions are big, and if you think that they will grow more with price appreciation, so you don’t want to add more capital to them, may be you can think of new sectors, sectors which are polar opposite to your current holdings, there by having the assurance of zero overlap, and with time, you can have big holdings in these sectors too. You can follow a top down approach, or look at sunrise sectors, or even identify trends and can be a early investor in such companies. Many ways to explore and expand into new territories. Or if you think your holdings are big but are not too big to handle, and as you follow the businesses, adding more can happen. And you can weigh each such holding to your equity allocation, your net worth and see the relative effect it can have if more capital is added.

And then there is the evolution of Dr. Hitesh, not just for investors like us, but for you doctors too. May be some elements of his approach might resonate with you.

I am saying this only because finance pales in comparison with your wonderful profession, and as such, even I can say something.

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