"When one knows Thee, then alien there is none, no door is shut..
Oh, grant me my prayer that I may never loose touch of the One in the play of the many"
Whatsup,Hope you still tracking Varun Ind..Look the price !!! 87!!..I am not not surprised even if it touched 50..becasue of managment quality !!I stongly belive, In india...if we consider investment......first not look business..we should look managment quality..thats is very important
the thing is Varun was never a serious bet.. and recommended action was wait for dips to buy as it was not cheap..
Yes management is of prime importance.. but there is very little you can know about management .. what is under our control is numbers.. and valuations (EV/Mcap) yes if we have great management then we are lucky..
as mr Buffett said you have to assume that someday a monkey will get a chance to run it..
Having said that I must state that I am pretty pessimistic about growth in general.. due to energy crisis worldwide..
My recommended investment ideas are: GAEL, Jayant, Tata comm and NHPC (Best Buy's) the rest are all short term ..
The major play is energy.. and anybody who has control over energy (GAEL, NHPC) or is a play on energy crisis (Jayant, tata comm)
2 comments:
Whatsup,Hope you still tracking Varun Ind..Look the price !!! 87!!..I am not not surprised even if it touched 50..becasue of managment quality !!I stongly belive, In india...if we consider investment......first not look business..we should look managment quality..thats is very important
Anonymous ji:
the thing is Varun was never a serious bet.. and recommended action was wait for dips to buy as it was not cheap..
Yes management is of prime importance.. but there is very little you can know about management .. what is under our control is numbers.. and valuations (EV/Mcap) yes if we have great management then we are lucky..
as mr Buffett said you have to assume that someday a monkey will get a chance to run it..
Having said that I must state that I am pretty pessimistic about growth in general.. due to energy crisis worldwide..
My recommended investment ideas are: GAEL, Jayant, Tata comm and NHPC (Best Buy's) the rest are all short term ..
The major play is energy.. and anybody who has control over energy (GAEL, NHPC) or is a play on energy crisis (Jayant, tata comm)
are good investments.. (so is my thinking..)
=happy investing
whatsup-indianstockideas.blogspot.com
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