Dear investors and friends,
Successful instances of multibagger investments is what separates the best from the rest. That could be one big difference between an Hitesh, Ayush; and the rest of us.
Study of the MPS thread gave me a big lesson. If observed deeply; most of the times, Ayush is involved in tracking the business; very rarely he comments on the share price.
Successful****multibagging investment could be divided into 2 phases.
The first where a cheap stock is uncovered / discovered. Behind the stock there must exist a business with solid fundamentals. This would involve all the possible checks.
The second phase would be the actual investment process:
a. Entry, b. Growth(staying with the multibagger), c. Exit
Both Phase 1 and 2 are very important.In Phase 2, all the three steps are important.
My View: The MOST DIFFICULT part is 2b (staying the course)
I think that is what separates the best from the rest.
For a Peter L, Rakesh J, Ayush, Hitesh; this comes naturally.
How ever rest of us need not worry; with discipline, self control, conviction and practice; it is possible to achieve stupendous results.
In this endeavour, it will be great if people can share their personal experience (or of others known to them); the hits, misses and lessons. FOCUS ON MULTIBAGGERS.
I’m sure that in the next 5 years, many more of us (the unfortunate ones), can share their experiences too!!