Brief Introduction:
Dabbled in markets for some time in 2021 when I started earning, but then exited since I found the valuations to be very high. At that time I had no fundamental knowledge of macroeconomics or stocks, and was just doing Technical analysis. Also I got absorbed by work and personal stuff.
Started investing again in August 2023, and since then there has been a heavy churn in my portfolio due to the below reasons:
- Kept learning more and more and my view changed.
- Middle east conflict
- 12 Sep and 25-27 Oct Crash which instilled fear in me
Some early mistakes and lessons
- Exited winners early, and held on to losers. New Rule is you sell the first day when conviction changes, or keep on holding it.
- Do not be afraid to re-enter a stock at a higher price once you booked profit earlier. Ex: PFC, Coal India, NTPC
- Have proper tools at your disposal to analyze stocks, news or events.
- Enter if fundamentals or market perception changes, do not worry if the stock price has already moved up a lot in the last week. It does not matter. Same policy for exit.
New Portfolio
This PF is of the companies I invested between Oct-Nov.
Long term themes are: EV, Chemicals, IT, Renewable Energy
Medium Term themes: Real Estate, Infrastructure, AgroChemicals
All the rest of the stocks are for short term, and I will exit when I find new opportunity (regardless of booking profit or loss)
Also have Praveg, Ashiana Housing, Ahluwalia Contracts, Anuh Pharma. Each allocated ~5% of my PF.
These symbols are not supported on Tijori.
Next Plans
I am looking to book profits in short term holdings, and add that money to long term themes which I have pointed out. Will keep updating this thread while entering/exiting new stocks with some reasoning. This is to make myself a more disciplined investor and learn from my mistakes.
Here for the long term!
| Subscribe To Our Free Newsletter |
