Bulk Deals Bi-Weekly Log

Hi Value Pickr

An explanation is due for my absence during the last few days.

I describe myself as an opportunistic investor. I go wherever I find opportunities, without thinking too much about the marketcaps, investment strategies or other frequently discussed but impractical things. Because of this orientation, I keep on changing my investment style and strategy often.

I made a decent amount of money betting on smallcaps over the last two years. But the valuations in the smallcap universe don’t give me confidence to dig deeper into them. I’ve found that even when I have been writing on this thread, I have not gone deeper into companies I wrote on.

I think my view on the markets is that the next 2-3 years will be led by large caps if there is a sustained rally. This is simply because with interest rates reducing worldwide, FIIs would be interested in coming back to India and when they do, there is only the largecaps that will give them confidence both on their risk profiles in a broader economy sense as well as on the valuations front.

For this reason, I am turning this log into a bi-weekly log, where we’ll discuss the smaller companies but with a little less intensity. The writings on bulk deals would come out on Tuesdays and Fridays.

I am making this decision so that I can meaningfully contribute to segments of valuepickr where I personally have more conviction and develop my skills further through more reading on this platform.

I hope you’ll continue to support me the way you guys have.