Value Investor. Co-founder of Aurum Capital, a SEBI-Registered Research Analyst firm. Regularly featured on biz channels and publications. Views are personal.
L&T CEO says they are facing shortage of labour 35k-40k like carpenters, masons, etc. They are not finding enough skilled people for this job.
Other industries we have interacted with all having skilled labor shortage.
We crib about unemployment. But the hard reality is that
Two pics at Mumbai Airport today.
1st Pic - Fully crowded with a queue to get in. Free food.
2nd Pic - sparsely crowded. You have to pay for food.
Indian airport priority lounge is an oxymoron.
Have stopped going to lounges some time back.
Many might not know about Tata SuMo.
Every day top executives of Tata Motors used to take lunch together but from some days, Sumant Moolgaokar used to take his car and go out during Lunch Hours and come back as soon as the Lunch Break was over. There was a grapevine that he is
Anyone who entered the stock markets in the last 15 months, has probably not learnt any lesson in the markets.
A time for learning will come, in the future. Just be prepared.
#investing
At the cost of being called anti-national, I respectfully disagree.
Have been to Switzerland many times and also to Kashmir a couple of times.
Am sure there is improvement in Kashmir, but there are many many issues about infrastructure, hygiene, local taxi unions, safety of
I’ve been to Switzerland, and I can say that Kashmir has so much more natural beauty to offer - the last week of travel has just made me feel so much more at peace.
Jotting my itinerary down, as a memoir to self, but also to nudge folks to explore the pretty hills up there :)
India has been vaccinating one Denmark or Finland every day for quiet some time.
Have inoculated almost 2 US and 10 UKs.
Appreciate the humongous effort.
#VaccinationDrive
There is no big picture guy like Rakesh. He has great vision. And that's why he is so successful.
Always focus on the big picture and think long term.
#investing
A bit of history.
HPCL was Caltex and BPCL was Burmah Shell many decades ago.
Burmah Shell and Caltex refused to supply fuel to Indian Army during Indo Pak war due to US Govt orders. So Govt of India nationalised these companies after the war.
If you would have listened to the economists, you would have lost one of the best years for investments. 2020.
If you would have believed in human resilience, and stayed positive, you would have gained a lot.
#investing
TN police 👌
Guys breaking lockdown were put inside an ambulance, which had a dummy Corona infected patient. They learnt the a good lesson.
This is hilarious 😁
Yesterday again received a call from a friend regarding guiding his son (21 yrs) for investing. He requested me to talk to him.
I asked him what he wants to do. His answer "trading". This is a repeat of many such incidences in the past few years. Except for a couple of kids
Advice to my investor friends.
A portfolio built stupidly in a bull market may make money, if you are lucky. but....
A portfolio built wisely in bear markets can make a fortune.
Bear markets are an investors best friend.
Happy teachers day. 🙏
The whole Indian lot was tired, jaded from IPL.
No intent, no fire.
With so much big bucks in IPL, club takes priority over nation. This is the reality.
#ICCT20WorldCup
There will be big revolution in electricity distribution once prepaid smart-meters get implemented. Timelines are 2023 and 2025. Even if they are able to achieve 50% of what the govt is set out to implement, it will be a game changer.
Watch the space.
"My Way or the Highway"?
Though I respect all investing styles, I must call out few who try to paint what they don't own as cyclical. I think an understanding of cycles is required. All stocks are affected by Business Cycles & Market Cycles, by varying degrees
1/8
@CapitalAurum
A FMCG company Concall: ‘Males in 20 to 29 age bracket are keeping beards reducing the surface area coverage for our product by 25% to 30%.’ 😊
From someone who was on the call.
If the 1918 pandemic was called "Spanish Flu", why should Covid-19 not be called "Chinese Flu" ? 🤔
China is solely to be blamed for this.
Conspiracy theories aside, the reason for this is their habit and infatuation with wild animals.
Why should they not be held accountable?
The biggest irony for fund managers is this.
They don't get funds when it's the best time to deploy and get truckloads when it's the best time to withdraw.
It's a fact.
An anchor on TV asking a TA view on a stock which is down 4 Rs.
Chartist giving a negative view due to fall of 4 Rs.
Both forgot that the stock is ex-dividend (Rs. 6.40) today 😀
One person killed in an explosion while charging the detachable battery of an EV in Hyderabad.
What I have observed is most fires are in places which have very hot weather.
Means these batteries are not properly tested for these weather conditions.
Most are Chinese batteries.
Beware of order book investing.
See the period of execution too.
Frankly feeling there is a lot of froth in many areas.
Be careful. I would avoid putting incremental cash in these markets.
But then, such voices in raging bull markets are ignored.
Radhe Review...
I know you guys dont know him . But i have a friend who has been on wheelchair most of his life. And today he stood up to switch off the tv while watching this movie..
😂😂😂
Hat Tip: Hitesh Doshi
The seeds of your future winners are sown in bear markets.
The seeds of mistakes and future losers are sown in bull markets.
Be always mindful of this. Make sure that junk or storied stocks at obscene valuations doesn't enter your portfolios, especially in these markets, as
@theskindoctor13
Hi. If you get their contact info and if any financial help is needed, please do contact me.
It's shameful to see people do body shaming. Especially for such a bright student.
One company I own declared Q3 results last year on Jan 23. This year they are.coming out on Jan 12.
My observance is that when they prepone, most of the times it will be better results.
Over the years, you keep observing these kind of things and keep learning.
The way things are going, Motabhai may soon sell more than 100% in Jio Platforms soon 😉
Jokes aside, what an asset he has built. To raise so much in this environment, at these valuations is simply unparalleled. Huge respect.
What is going on in the market is not growth investing.
It is "growth at any value".
Latecomers to this theme might be the ones who may suffer.
If you are a trader or momentum investor, may make sense. But for a fundamental investor, it could be dangerous.
Be alert.
Do look at Infra sector. Some very good companies available at very good valuations.
Neglected sector. Underowned. It's time should come soon.
Cost pressures have reduced. There is a big runway due to government infra focus.
Of course. Be selective and focus on quality.
Reminder to self.
The crazy returns in the portfolio are due to the crazy markets.
Don't get complacent and carried away. Stay with the process and philosophy of value investing. Avoid any costly mistakes.
Watching
#Aadipurush
on Netflix. 40 minutes into it.
My 1 sentence view.
The 3.2 iMDB rating is too generous.
One of the worst movies.
Complete #चीरहरण of Ramayana.
Entering during bad cycle, one may have wait 1-3 years for one to get cost back.
Entering during peak of upcycle one may have to wait for 5-10 years or more to get cost back.
If things don't work out as envisaged.
Do remember this.
Rupee below 70.
Crude below 60.
10 year yield at 7.6.
FIIs buying for sometime now.
Decent Q2 nos.
Decent GST collections.
Micros and macros both in favor. If election results are positive, I am pretty certain we will have a good rally in broader market too.