Porinju’s chilling warning that the purists are behaving like amateurs by confusing between “good stocks” and “good companies” and by buying so-called high-quality stocks at exorbitant valuations is coming true. The purists are now at a dead end, with nowhere to hide!
The savage crash in stock prices has sent shock waves across the investment community that a 2008-like crises is around the corner. Investors are panic-stricken and are likely to throw in the towel soon. The Gurus have their hands full in trying to soothe the nerves of their followers
It is the ultimate dream for novice investors like you and me to find mid-cap stocks that can turn into mega-cap stocks and create mind-boggling wealth for ourselves. Fortunately, there is an authoritative guide which will guide us to find these stocks together with real-life examples of potential winners
Porinju Veliyath has rained fire and brimstone on all gurus who advise investors to buy “high quality stocks with a moat” at “high P/E”. He has contemptuously referred to these gurus as “big people, fancied guys” and trashed their advice as “the biggest trap”
Three whiz-kid investors have not only revealed top secrets on how to find to find multi-bagger stocks but have also identified several micro and small-cap stocks which have the potential to give multi-bagger returns
Nalanda Capital’s latest stock pick is a high-quality company which has already attracted super-savvy investors to it. The stock is currently out of favour amongst the masses owing to the headwinds in the economy. However, thanks to NAMO’s emphasis on “Make for India“, the stock is expected to recover lost ground and surge according to experts
Basant Maheshwari has so far kept a tight lip over the rampant speculation that he has offloaded his one-time favourite stocks. Basant has now come clean and admitted to churning his portfolio
Howard Marks has drawn a masterful distinction between “fundamental risk” and “investment risk” and explained that while a top-quality stock may not have “fundamental” risk, it carries an “investment” risk if we overpay for the stock. The vice-versa is true for a low-quality stock quoting at throwaway valuations, he says. The moot question is how we can apply this wisdom to a real life situation
Today, in the midst of a market meltdown, Porinju Veliyath had the rare distinction of having two of his favourite stocks surge to upper circuits. He used the opportunity to level the ultimate insult on the purists by calling them “amateurs” for not knowing the difference between “great companies” and “great stocks” and buying so-called high-quality stocks at exorbitant prices
Nikhil Vora Of Sixth Sense Ventures has homed in a micro-cap with high ROE, low debt, strong growth etc. The stock is exhibiting all the qualities of a winner stock
Recent Comments