Just notice that the tax is very less this quarter so x4 for year might not be true unless there is sequential growth over quarters

what i see is Revenue :- 3310 mn – 505 = 2801 mn
PBT:- 1538 mn
NP :- 1405 mn
EPS:- 16.60

Highest ever revenues and net profit margins , its compltetely on the right trajectory of growth ,with backing of Mukesh ambani it could be great value creator in coming qtrs?
views invited …
according to my knowledge this company could be biggest beneficiery of the development in AI & ML front…
like what happened in past “The makers of referigerators are nothing today but those who have used it are far larger then inventors”.

Disc. :- invested with 20% of PF.

Decisions in investing are influenced by various factors such as age, risk tolerance, portfolio weight, and psychological aspects like equanimity and self-awareness. Daniel Kahneman’s work in behavioral finance highlights how human biases can affect our decisions, often leading to suboptimal choices.

A systematic, rule-based approach can address many of these issues by relying on transparent, fundamental rules rather than emotional reactions. For instance, rules like investing only in companies with a debt-to-equity ratio below 0.5 or a consistent ROE above 15% help maintain discipline and focus on quality. This reduces the impact of cognitive biases and emotional decisions. Best part is we don’t need to reply on subjectivity to create such rules. We can validate effectiveness of rules by analyzing across markets / cycles.

Even Warren Buffett is not immune to emotional decisions, as seen when he bought more shares of Berkshire Hathaway out of anger. By sticking to predefined rules, we can minimize such impulsive actions and improve long-term performance. Ultimately, a rule-based approach helps in making more objective decisions, leading to greater satisfaction with our investing outcomes.

Also, the sheer width of opportunities expands using a rule-based approach.

For more detailed rules and examples, check out this thread on investment rules where we discuss best investment-rules in India tested across market cycles over the last 25 years.

Hello @Oyee_karann I have said this in the past. I do not want to post my returns on a weekly / monthly basis as my pf can be different for someone who is entering now.

I let winners run and typically, there are several stocks that have an allocation of more than 5% that a fresh entrant will have. With a different composition, it is not right to compare.

I can share my long term performance. Considering the time from the beginning of my first investment (Nov 2022) until last evening, my pf is currently at an XIRR of 80.16%.

Your reflection on the risks of “hot stock plays” and the importance of avoiding companies with high debt and cyclical vulnerabilities aligns well with a more systematic, rule-based approach to investing. Here are a few reasons why a rule-based approach can be beneficial, especially in light of your experiences:

Risk Management:
Avoiding high-debt companies like RPower is crucial. Rule-based strategy excludes companies with a debt-to-equity ratio above 1.0, which would have flagged these as high-risk.

Eliminating Emotional Bias:
Your fortunate turn with Tata Motors and Voda Idea underscores the role of luck. A rule-based system reduces emotional decisions by following predefined criteria. For example, investing only in stocks with a P/E ratio below 15 and positive cash flow for the past 5 years can be a useful rule.

Consistent Performance:
Your focus on undervalued large businesses aligns with systematic screening. Using metrics like ROE above 15% and earnings growth above 10% consistently (e.g. 8 out of last 10 years) to identify sustainable investments.

Mohnish Pabrai’s disciplined, data-driven approach is a great example of the benefits of rule-based investing. Combining personal conviction with systematic rules can enhance your investment success, reducing risks and increasing growth potential.

Thank you for sharing, and best of luck in your continued investment journey!

Read more on investment rules (fundamental-ratio-based) in this thread.

We share best investment rules for Indian markets and test them across cycles in the last 25 years.