The syndrome of premature selling of multibagger stocks is not confined to novice investors. Even expert investors are afflicted by it. Sumeet Nagar Of Malabar India Fund has explained the important lessons that he has learnt during his illustrious career and how we can avoid falling victim to the deadly syndrome
Milind Barve, Prashant Jain, Chirag Setalvad and the other eminent head honchos of HDFC Mutual Fund AMC have raked in a massive fortune thanks to the IPO. Investors who rode piggyback on the shoulders of these stalwarts are also laughing on their way to the Bank
Rakesh Jhunjhunwala has heaped rich praise on NAMO for being the “most towering leader”. At the same time, he has slammed RaGa for lacking credibility. He has assured that NAMO will come back into power in 2019 and that junkyard politicians will be kept at bay
Mohnish Pabrai has announced that his latest stock pick is from a sector which is a no-brainer. He has also opined that the stock has an impenetrable moat. This means that we can expect Mohnish to rake in more multibagger gains in the near future
Ashish Chugh & Porinju Veliyath have already pocketed a massive fortune from a blue-chip holding company. However, the recommendation of that stock by Sunil Singhania means that more multibagger gains are due from it
Madhusudan Kela, the visionary stock picker, has opined that the time is now ripe to aggressively buy Pharma stocks because they are available at cheap valuations and are bottoming out
Kenneth Andrade of Old Bridge Capital has sent the wake up call that we have to take advantage of the crash in stock prices to load up on high-quality stocks at cheap valuations. He has also explained the investment rationale of his latest stock picks
A stock on which Basant Maheshwari was “super, super bullish” has lost his confidence because it has failed on the earnings front and also on the corporate action front. We also need to look for an exit route from the stock ASAP
Porinju Veliyath has given a glimpse of his maverick personality. He has rubbished fears that a stock is suffering from “absurd” and “irrational exuberance” valuations and has instead bought a truckload on the premise that the stock will be a powerhouse 5x multibagger in the foreseeable future
Radhakishan Damani, who once suffered the ignominy of being booted out of the Forbes Billionaires Club, has today attained a net worth of Rs. 24,000 crore (USD 3.6 Billion) in the wake of the stellar listing of the D-Mart IPO. No doubt, Forbes will now roll out the red carpet for him and ceremoniously usher him back into the elite club
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