Posts in category All News
KPI Green Energy fixes record date for stock split (02-07-2024)
Companies With First ever concalls OR Investor Presentations (02-07-2024)
First ever Presentation by Ramky Infra:
(I couldn’t find any before this)
Also some questions answered by the management after presenting this:
(Start at 30 minutes)
Ramky Infrastructure - Positive Financial Result 2024 | Prime9 News
Benchmarks end with minor losses; banks drag (02-07-2024)
Long term investment strategy (Buy, hold but don’t forget) (02-07-2024)
I tend to fall in this category especially for companies which I entered without studying properly or lack the conviction and sometimes out of sheer vanity attempting to time my re-entry
Missed many a multibaggers due to the disease of market timing & poor conviction (dodged few bullets too). I lack faith/discipline in Technical Analysis so I try to avoid them.
To mitigate this, I started practicing classic value investing where I’d study and value the companies which I buy conservatively and put the target valuation on a excel sheet, now the irony was I would sell these companies the moment my intrinsic value target hits or slight above/below and these companies would continue rallying and make me laugh.
There have been companies which I have sold prematurely, re-entered and sold again, they still continue to pump…such is the strength of bull market.
Nowadays I simply try to use my valuation models only for entering a stock, and stop looking at them. The goal is to buy quality companies with long runway so that I don’t have to trade frequently and to hold on to them. Not to use price as the criteria to exit a stock but focus on fundamental/business/growth deterioration. Keeping a lean portfolio really helps.