Interesting concept. Building a portfolio for the next 50 years. I don’t think I can think of a good way of doing it. One way to approach would be to look at history and see what has remained constant over the last 50 years. But so much has changed in the last 50 years that it is going to become a very academic exercise. Also, unless you have a family trust which you want to perpetuate, there is very little point in trying to do a 50-year exercise.
Coming to the stocks you have, they are all “good”. Will they be all multibaggers? I am not so sure. 10 years down the line will you make money on these? Most likely. Will it be more than say 20% CAGR? May not be.
I don’t follow most of the stocks closely, and know only about MindTree, Bata & BEL. MindTree has no competitive advantage over its peers. Bata has a good brand so will likely do well. Trick is getting in at the right price. BEL has technical advantages now. Over time, that will go away, as the L&Ts, Tatas, M&Ms & Reliances of the world get into the fray (along with the global majors). So, BEL is a toss-up between going the HMT way or the ONGC / SBI way. Needs to be carefully monitored.
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