Congrats! A lot of people get stuck on absolute percentage returns rather than how much money you make.
People have to understand that if if you have bought a stock at 10 and it has gone up to 50 , and if at that time you realize that your assessment is better than you previously thought the add up . The profit from the original investment won’t go anywhere , the only thing changes is the percentage returns .
It’s better to have a 3 bagger with 100 rupees profit than a 10 bagger with 30 rupees profit.
Averaging up a and concentrating on a conviction stock has been a key part of my investing strategy.
I have bought KEI industries at 4-5 times the original purchase price of 220.
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