Interesting concept. Building a portfolio for the next 50 years. I don't think I can think of a good way of doing it. One way to approach would be to look at history and see what has remained constant over the last 50 years. But so much has changed in the last 50 years that it is going to become a very academic exercise. Also, unless you have a family trust which you want to perpetuate, there is very little point in trying to do a 50-year exercise.

Coming to the stocks you have, they are all "good". Will they be all multibaggers? I am not so sure. 10 years down the line will you make money on these? Most likely. Will it be more than say 20% CAGR? May not be.

I don't follow most of the stocks closely, and know only about MindTree, Bata & BEL. MindTree has no competitive advantage over its peers. Bata has a good brand so will likely do well. Trick is getting in at the right price. BEL has technical advantages now. Over time, that will go away, as the L&Ts, Tatas, M&Ms & Reliances of the world get into the fray (along with the global majors). So, BEL is a toss-up between going the HMT way or the ONGC / SBI way. Needs to be carefully monitored.

Not an Expert Chartist.. but Stock has stayed in range of 1520 - 1620 for past few days which is very much unlike to movement this stock shows.. Might break the upper range if there are some positive news flows

I don't have much of view on this sector as I don't track it. But it would be interesting to see which company has a head start in the MDF business and how much would it contribute to sales going forward. I think Greenply might have a head start. Not sure but maybe MDF business has better margins and hence company with better and increasing contribution towards MDF business might have an additional plus point. Also, I think that Greenply is looking to outource the Plywood and laminates manufacturing, which again might have a positive impact and make the business a bit asset light and reduce working capital cycle and enhance return ratios further.

Note: I am an amateur investor and I am stating the above as only one of the few factors that should be considered. As I don't track this sector and hence one should verify the above statements in detail.

Sure Nikhil. Appreciate your view. For me too it is an opportunistic bet. Its just that say for e.g. if NCL would have been trading at EV/tonne of say 100-120$ and EV/Ebitda of say may be 8-9 then despite good earnings visibility there might not be much scope of appreciation and less valuation comfort.

But I do get your point and either ways there is some money to be made here

Regards.

Your picks looks quite logical. Be reminded that majority of the PSU's have only destroyed wealth in the past although they have high moat or monopoly sometimes. Also, with these companies there is always an issue that govt will suck their cash away by giving some foolish reasons or doing any foolish things (e.g. amalgamation, acquiring debt laden company at higher valuation etc.)

I think in terms of corporate governance PSU's are very risky. Key points to think of:
- Promoter is not steady (read govt. changes every 5 years or even sooner!!)
- Cash is sucked given high govt deficits
- Employees have no incentive to work efficiently (they never get fired or promoted to higher level if they underperform or overperform respectively)