I may agree with you on good opportunities in other retail stocks, however I tend to chose stocks where I am not nervous to sell if and when they run up. For this, the promoter and group matters a lot and hence Tata’s Trent followed by Damani’s Dmart and a very very small allocation to Goenka’s Spencer.
The fisrt two have executed beautifully as well. We see and compare Zudio today when hardly 3-4 years back it was nothing. So what these companies would look like few years down the line we do not know. In such a big unknown, only certainity is ethical & efficient management & promoters.
While one can make tons of money in playing the turnaround etc cards in other stocks, they are not meant for me and I will fail at such plays no matter how big the opportunity may be.
Disc: Same as above
| Subscribe To Our Free Newsletter |
