Hey @Investor_No_1 … glad to chat with you again. Back in 2020 i loaded up on ITC in my wife’s and family PF. Post run-up it’s more than 60 percent in each of them. It’s reached the point where it’s just in cruise control now ie already more than doubled and giving out dividends for free and it’s one of those own till we pass it onto our kids type of companies(this may sound counterintuitive since the weightage is so huge… but everything is on track and it’s the only blue chip i own and i need to spend my time on the non blue chips). so i just have glances at its result every quarter now and ignore it. Probably the best investment decision I’ve made and ever will make. I wish there was an ITC type blue chip opportunity in the market now so I could just throw all my money into it…but alas… those were the days 
Weirdly enough my so called high delta PF has been struggling vs theirs. sold deepak nitrite as a 4x but apart from that it’s been chaos due to my huge holding in laurus which has effectively halved from all time highs. The likes of idfc and ingrevia have still done ok but overall it’s been a tepid past 12 months. Im not too bothered though. Most of my investments have atleast another 5 years left in them so what will be will be and all losses are on paper only(apart from my sale in embassy… still left it as is in my wife’s and family pfs though).
Debt made sense but ive realised that now since my business is back on track post covid and i have clear cash flow visibility for the next few years i might as well take a few risks and enjoy investing again. It’s been difficult finding value with potential growth bets in this current market but I’m hoping the likes of Everest, dynemo and valiant deliver(I have huge doubts regards Everest though since it’s only company i own where I dislike the management). May scale my investments in all of them further too based on the next few quarters. At the end of the day i enjoy the quarterly results and the fact that I’m seeing a miniscule company grow into a large one year by year much more than leaving it in debt like instruments and getting killed by tax
| Subscribe To Our Free Newsletter |
