The portfolio as it stands today:
Eicher Motors - 34%
Ajanta Pharma - 19%
Shilpa Medicare - 13%
Alembic Pharma - 1%
Bajaj Finance - 15%
Gruh Finance - 6%
ICICI Pru Life - 4%
Symphony - 9%
Wonderla - 1%
It is a work in progress. Adding to ICICI Pru Life, Wonderla and Alembic Pharma as and when I’ve money to invest. [Edit: On second thoughts, what the heck, I can and will add to any of the stocks I hold as and when I’ve money. ]
Fully invested. Surplus from my salary and redemption of ELSS funds gets invested. My wife “diversifies” our networth by allocating some money in balanced funds, FDs, etc. I aggressively invest. Even to extend of buying only one share. I feel finding ways to increase income surplus, leading a simple life, investing aggressively is important than finding the next HDFC Bank.
I’m consciously diluting my concentrated portfolio by adding Wonderla and ICICI Pru Life.
Equity investing is hard and difficult but very emotionally satisfying, mind stimulating and enjoyable. Atleast I feel it is with Indian markets. If you see I don’t very strictly follow the “cheap” stocks. I wish to invest in India’s best businesses and hopefully pay a lower price for it. I feel MOS comes for the huge opportunity in front of the business, etc. Even with this mentality I couldn’t get myself to buy Britannia. I added a lecture of Shri Balakrishnan (one of the founding member of CRISIL) who said: “I own Nestle and wish to add more (after that Maggi fiasco) but it is just not cracking!”
Recently bought an iPad and I like it a lot for reading. I’m buying more Kindle books, reading magazine via Magzter, reading atleast one RHP every week, reading documents, etc. Thinking why I did not do this earlier.