Senthil’s Portfolio

I have built up new positions into Lulu, Ulta and STLA in US Market. The first two companies are still growing and looks cheap compared to their historical pricing. And it looks like an industry wide correction not major problems around the companies.
As for the Indian market, I am trying to slowly form an investing process for me. What worked for me greatly in the US market is finding good companies at cheap valuations and building a sizable portfolio (concentrated). But I have always held more than 15 stocks in Indian portfolio at any point in time. Some of my new entries are already being appreciated (likes of shriram properties, muthoot microfin, etc.,), for these companies I didn’t rely much on analyst reports or other super investors interest. I just found them on screeners and ran a few checks, applied some common sense and assumptions about their growth potential and entered. I still could be wrong in the long term but so far that’s what worked for me. I am confident that atleast 6 out of 10 companies will get nice appreciation in the long term. I also should not look out for immediate exit after a good run up. I still should analyse if the cmp is priced in for the next three years growth, if there’s still growth I should hold on. That’s what I do with my US winners, I trim but I don’t exit out completely if there’s still growth.