LG AT NEW LOW NOW OF 1400 ODD. AS ADVISED NO POINT IN GOING OVERBOARD..
last qtr nos were soft.
Tata tech bajaj hsg HDB finance those who bt on listing wud be regretting only
This US tariff n trade deal headwinds needs to clear for better mkt
A fascinating must read articles on HBL Engg enatiling co is in safe hands and has executed beautifully over years.
discl invested since long
Interesting article. After reading the article on HBL, I browsed the site. They have detailed articles on a lot of companies, generated using AI. Disclosure on the site - “This AI content is for informational purposes only and should not be considered as investment advice.”
In the era of short attention span, they have created lengthy reports giving a wholesome view on companies. very interesting.
disc - holding HBL
The creator is also a member of the VP forum. You can check their thread on it
By Gods Grace the investment journey has been fruitful over last 14 years.
My PF which was X is now nearly 100 X . No boasting but rough performance measurement for self as I am not an Excel xirr person.
What helped was to remain optimistic and remain invested all through among all dooms say scenario specially in cos growing at good top n bottomline rate. The last 2 years have been specially brutal for indian investors rationale given below helped.
Ruthless churning also played its part where underperforming n non performing stocks were converted to new stocks and also many a times to better performing existing stock of your portfolio as it leads to a better allocation which is also equally imp as stock selection.
Pyramiding in existing stocks also helped in increasing allocation to a better performing stock and improving PF performance.
Investing in cos with ethical promoter who has growth mindset and who executes welland sector having good tailwinds are 2 most imp criteria
Having good network of similar passion in investing and following the axim of share together n grow together most imp which helped me in becoming a Full time investor few years back
Timex Sh Piston GHFL Nuvama Nippo n Icici amc Uno Minda Acutaas Privi and more stocks have been holding for long time now n pyramiding as well on some triggers like good results
Side income thru participating in good quality IPOs Buybacks OFS also helped which I have been doing since beginning of my investment journey
Mistakes has been delay in holding on to underperforming stocks for long n delay in understanding the peak margin cases cos. As such was lucky in exiting recently kernex and bajaj corp post seeming good nos and switching to cos which came with good nos or pyramiding in existing stocks.
I remain optimistic on proxy plays on AI DC stocks and pharma cdmo stocks and select auto anc stocks.
I am not sebi regd advisor. plz do your due diligence.
No new capital deployed in these 14 years since the initial X ?!
Yes not much.
Turned into a full time investor few years back .
Rather did a mistake of allocating X/ 2 sum in a flat in 2012 which tuned to be a v bad decision . that amount has barely doubled . now tenant enjoying it.
Congratulation Vivek sir!
What a fantastic journey it has been! Truly inspiring
Congrats ! Awesome achievement would be an understatement !! I have a target of roughly 10x in 10 years …even that’s looking difficult .I also should follow your advises ..but my cautious nature is holding me back .Lets hope the Bull wakes up and has a long run.
Base was v small in 2012 n valuations v cheap. Mkt got rerated post Modi govt arriva and recovery from fragile 5 .
External factors played a major part
I am following your thread from quite sometime, it is one of the very useful and quality thread in VP. If you can please share your thought process behind stock picking and selling rationals.
Sir , in your investing journey would you please share if possible, how many stocks do you have in your pf
What was your strategy regards to underperforming stocks
Did you churn the portfolio or you kept on holding quietly
Awesome achievement 
. Would be great to hear if you follow any specific approach for investment decisions. Curious to know if you followed a concentrated approach or kept it fluid based on opportunities that you found in the market.
I have transparently shared my stock selection rationale in posts and thread several times.
Investing in cos with ethical promoter who has growth mindset and who executes well and sector having good tailwinds are 2 most imp criteria.
Ruthless churning also played its part where underperforming n non performing stocks were converted to new stocks and also many a times to better performing existing stock of your portfolio
I am a lazy person but I have posted a presentation about my investment journey in thsi thread where most of investing rationale are still valid. Reposting it for benefit of new members
Investment Journey Learning & Thesis.pdf (834.7 KB)
One has to be on your toes specially during result season in today hyper active world of twitter and social media. Watch peak margin cases closely. Eg kernex came with great nos this qtr yet stock fell from 2500 to 1600 odd in matter of days. .
plz go thru presentation of my investment journey.
Concentrated approach first to build up the portfolio now diversified approach to preserve the gains as portfolio becomes large .
3 to 4% allocation in 30 to 35 names. Drawdown becomes tolerable . Depends on homework one ones own temperament also.
congratlations! its a whopping 39% cagr over 14 years…
i suppose your anual dividend income must now be few x times of your anual expenses?
Congratulations Vivek on a stupendous CAGR. Can you define the method to your madness so that we all can learn :)