About Abbott India…
I was also scared about competition from generics and also from National List…And also it was corrected more than 30%. I thought i have made a mistake. Also in Abbott thread of Valuepickr, reading all those posts shook my confidence. But fortunately i didnot jump to conclusion
But then i read the annual report, and saw that they are doing quite good inspite of all these problems. If a brand value is good and management is also at par, they manage to sail through these problems. I stayed invested. And stock price also bounced back.
My learning - we should not overkill with studies. And should trust management and also economy. Things dont go from good to bad in india so fast. If we do all this microscopic worries then, i dont think there is a single company that we can buy and hold. All have problem. Be it Asian paints, be it HDFC bank, be it Pidilite, be it TCS, Be it Infosys…All have some or the other issues to handle. Nothing is pristine. We just need to put them on autopilot and just sit back and relax. Let them do the things…Otherwise whats the point of investing…Its better to start a business and manage it.
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