Thanks for this, this sounds very useful. I will use it and mention my performance numbers in the future posts.
Posts tagged Value Pickr
Praveen’s portfolio (Coffee Can) (06-12-2023)
- It is true that I have large number of stocks, however my top 10 is way bigger positions compared to my bottom 10. I stopped putting money into some positions when I learnt something bearish about the company or if it’s overvalued.
- I want to sprinkle water in the garden, I don’t want to sell for decades hopefully. This is the actual coffee can approach. I don’t trust my selling process.
- Again selling is hard, people don’t sell well. Buying is just the start, holding onto names is what makes you rich. Take any good investor, they have held names for decades.
Great articles to read on the web (06-12-2023)
Poor Charlie’s Almanack: The Essential Wit and Wisdom of Charles T. Munger (stripe.press)
Free to read (and listen)
Praveen’s portfolio (Coffee Can) (06-12-2023)
Although I have a lot of holdings, my top 10 is close to 40% of my portfolio. The reason why I don’t want to sell is, selling is really hard. There could be future 10-100 baggers which may be overvalued today, but will compound. Like Charlie Munger says “Don’t interrupt compounding”. I don’t think any of these are super overvalued. Can you point out which ones you think are overvalued, I am happy to re-evaluate the positions, likely I will still keep them though.
Praveen’s portfolio (Coffee Can) (06-12-2023)
I thought buy transaction is to be denoted as negative value and sell transaction to be denoted as positive value. This is how I have calculated my XIRR…
Smallcap momentum portfolio (06-12-2023)
@jaimathoda good to see that you have developed a system. One difference that I see, is that I go by rules based investment, nothing left to discretion. If a stock has to go out, it will go out (even a profitable one) because there is a better opportunity.
All the stocks that I have this in pf are from a Nifty Index. As the index gets rejigged on a regular basis, some filtering already gets done by NSE.
Munger (1200 page compilation) (06-12-2023)
Continuing the discussion from Multi-Disciplinary Reading – Book Reviews:
Though this is not a standard book. I stumbled upon this resource which contains Munger’s letters to shareholders and analysis of companies.
I was always impressed by Munger’s thought process and felt those who prefer value investing might benefit from this pdf.
Note: this is my first post, so please let me know if this is not the right place to post.
Investing Basics – Feel free to ask the most basic questions (06-12-2023)
Do unlisted shares without ipo confirmation trade cheaply in the grey market?
Recently saw NSE is trading at 24 pe. So wanted to know if that is the expectation or could it be because of the colocation scam?
Websol energy system ltd (06-12-2023)
Government is cooking some good news for SEZ units. Once it is done, It may be a big meal for Websol’s future ambitions.
Investing Basics – Feel free to ask the most basic questions (06-12-2023)
how to check if company is investing its profits back into the business