Grauer and weil
Patience ,patience and patience
When many stocks were skyrocketing in post covid era, this stock had gone no where.
At that time(2021-2022) ,i had frequent temptations to switch over to other stocks.
Lets see,
I had bought grauer at avg price @Rs 53 in july 2018
In 2021 grauer@ Rs 60
So in 3 yrs it has given 4% cagr retutn
I had bought moldtek pack in july 2019@Rs 250
In 2021 moldtek was@ around 700.
There were plenty of stocks which had given huge return in these 2- 3 yrs.
If i had sold grauer and bought moldtek pack, then i had mediocre return as moldtek rose from 700 to 950 while grauer rose from 60 to 117.
So ,
1…Never sell your stock considering 2-3 yrs result.
Many stocks give flat result for 2-3 yrs
2…Never switch over to other stocks considering price movement.
Switch over to other stock only when you find better opportunity.
(But it is rare ,EVERYONE LOVE RISING STOCKS AND HAT FALLING STOCKS WHEN THE STOCKS ARE SKY ROCKETING IN EUPHORIC BULLISH MARKET)
In april 2023 grauer is Rs 117
So Cagr return is @ 17.50%
Courtesy of 100 baggers book