Simple Investing

Random thoughts

Thinking over my current portfolio set up around 20% is in common FMCG names like Marico, Godrej consumer, Dabur, Britannia all of which had been a quick 3-5x for me (baring a Dabur) and since then have been stagnant for 2-3 years or maybe even more…

I am doing this check for only those FMCG names I have been holding long term & which have not performed well since covid recovery and couple of bull markets we had since then…

Things to ponder –

• Had it been better to have sold them off at first signs of consolidation 2-3 years back and jumped ship to another sector. I would have loved it had 20% of my this portfolio would have been in excellent companies of Capital goods, engineering …maybe a simple L&T large cap would have been an excellent purchase 2-3 years back…or an ABB!
• I might have fared much better if I switched ship but not sure if had been on my toes currently on when to sell, when to sell, when to sell the new names!!
• My current portfolio has beaten nifty pretty well over long term (not sure about midcap index though) with this 20% and another 10% in Insurance etc. Sectors not doing anything last 3 years or even more (thanks to some other names which made up for them)…Is that a good thing or bad, only perspective can tell…I can be sad thinking these laggards pulled me down or be confident that when these also start performing, I would do much better…

Thoughts are so very cyclical…inherent nature is probably not…lets see…