Great Article Basantji, Subuji and other esteemed members of TED. I feel a bit ashamed to say that I never knew the power of the Indian consumption story. My first multibaggers were in the Power sector - Tata Power and BSES - and I was lucky to enter in mid three digits and exit at almost their peak. I am very ashamed of my investments methods then.
I used to invest based on the capex of various companies. More the capex, more of my capital got deployed. Now as far as capex is concerned, I have taken a complete about turn.
After that I made some serious multibagger losses in the IndiaBulls, DLF, Bharti Shipyards of the world. After that I made some serious money in high quality commodity producers like Sesa Goa and Tata Steel after the 2008 crash.
Despite all this Titan, Hawkins, TTK, Page never crossed my path because these stocks are not in the front pages of business newspapers - unlike their distant flashy cousins like BSES, RIL, da da da..
The best thing to happen in my investment journey was visiting TED. I dont know how it happened, but it happened and things have started moving up slowly but steadily. I have no "castles in the air" dreams, but I know along with other TED memebers I am in good company and in a reasonablly good path.
Hats off to Basantji, TED and other esteemed members of this great forum.