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Sana M
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Quote Sana M Replybullet Posted: 29/Jun/2015 at 7:17pm
How can I put in few words or few sentences what it means to be part of BC. I am in stock market since 15 years and had lost almost my lifetime of earnings in the hands of HBJs of this world. I came across BC at retirement stage of my career and decided to give it a try. I did not follow BC recommendations and advice all the time because of my bitter experience with various equity consultants who had managed to reduce my capital to 5% of its value.

As time went on at BC, I realized that here was a gem of a person – the one and only KOHINOOR with a crystal clear honesty and integrity and intelligence whose advice could be followed towards financial freedom. I did not fear retirement as I knew there was a rock solid support at every stage. So what, if, being a Muslim lady I do not believe in taking bank interest, I was sure Basant Sir would be always be there to generate sufficient returns for me on my investment.

As BC winds up within next 24 hours, I wish for a glorious future ahead for Basant Sir. May you keep on shining bright and be able to find a way to assist many more in future towards financial freedom. Ameen.
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satish23
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Quote satish23 Replybullet Posted: 29/Jun/2015 at 7:19pm
When I started working I was just wondering what to do with the saving, though I was well qualified I was totally ignorant about finances(as most doctors)
I was going through all the articles /blogs/websites/magazines/business channels, so started with MF, till 2009 without much understanding.
Then on one very fortunate day stumbled on TED. Read many old posts & topics & finally came enlightenment, till then thought direct stock investing is not for common man (courtesy so called experts & advicers on TV).
Started reading books & Put significant money in stocks with good results.
Then came BC & so the daring to dream with stocks. your wisdom and philosophy in life and investing will be missed by all good fellows.
The greatfulness can't be explained in words

Thank you sir for educating & guiding us. Wish you all the success & peace of mind.

Hoping for an opportunity in future to learn from you.
THANK YOU
Sathish Kumar k m
Bangalore

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raj_koth
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Quote raj_koth Replybullet Posted: 29/Jun/2015 at 7:25pm
Dear Basantji, it is a great loss to small investors that they would miss a great guide/teacher in you. BC created lot of crorepathis. Your teachings to us will remain forever and would guide us. When in doubt or confusion, we can refer to our bible, The Thoughtful Investor book. You are so open that you revealed all your experiences and stock market nuances in your book and also online.

What i learnt from you:
1. Dare to dream with stocks. Invest without fear. I never wait in cash to wait for THAT great moment to deploy cash (where that moment would be filled with greatest fear to enter). No more market timing. After deploying the cash, everybody would be fully invested and i dont understand how some people advice to maintain certain cash levels always (when do they invest it then).
2. Portfolio allocation is more important than stock selection. When an opportunity strikes, invest with greater weight.
3. Borrowed conviction is more dangerous than borrowed capital.

There are lot of pseudo advisory companies which become member of stalwarts like you and then make money by echoing the recommendations. These people hardly understand the key USP of Basant's Corner and wrongly touch the lion (mkt) to get beaten up while putting the blame onto you in online communities/message boards/social media. No true investor following the quintessence of your teachings in basant's corner can lose money in stock market. You created wealth for your subscribers and more to it, built confidence in them to approach the market as our companion in wealth building.

We will miss you a lot for sure. Wishing you the very best in life and hope to see you even BIGGER. You are the epitome of integrity and preach what you follow yourself.

BTW there were few tweeter stalwarts who echoed that basant is advising his members to go on leverage etc. You are the only one in the world to have dealt this topic in detail in your book and also prescribed guard rails for leverage and also its pitfalls/demerits. So called buffett followers in India do not understand that buffett's wealth is mainly due to the FLOAT (another form of leverage). You taught us that debt is not a sin and when used wisely with guard rails, companies as well as investors can create wealth.

Thanks,
Raj
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yoda
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Quote yoda Replybullet Posted: 29/Jun/2015 at 7:26pm
I didn't know much about Warren Buffet, didn't at all know about Graham, Lynch, Munger but first Guru I saw on net in TED and I was amazed with open mouth while reading every word typed by him because I was 100% sure that stock market is Las Vegas of poor gamblers. Basantji, why I call you my Guru from very deep of my heart because you changed my perception about stocks investing upside down. You taught us to focus on few but very important jargons like ROE, business scalability and longavity etc. Now whenever I see new stock, I even don't rush to see it's price but it's market cap, then it's RoE and other few parameters. Your philosophy of investing I admire the most. All talk about 8th wonder online but I will talk about 9th wonder which my Guruji gifted to BCians - that is - "PERCENTAGE ALLOCATION OF STOCKS IN A PORTFOLIO" which leads to 'CAPITAL PROTECTION IN AUTOPILOT MODE'.
    GURUJI, YOU ARE AWESOME, ORIGINAL, SINCERE, HONEST, and so many words (my bad english, less vocabulary).
    YESS, YOU ARE RIGHT, WE ARE READY TO PAY EVEN 2 LAKHS FOR UNPARALLED QUALITY OF YOUR ADVICE AND MENTORING/TEACHING.
    ----------------
    I will never say Good Bye to you. We have great example of the dog who entered heaven with the great Pandav Udhishthir. We BCians will be with you always wherever you will be in heaven as well as in hell (as we feel now).
    This is my emotional state in front of computer screen -
https://www.youtube.com/watch?v=GlV3jJwxPKQ
"Greatest enemy of knowledge is not ignorance, it's the illusion of knowledge" - Stephen Hawking
"With our thoughts, We make our world" - Buddha
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basant
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Quote basant Replybullet Posted: 29/Jun/2015 at 7:30pm
Debt is not a sin losing capital is. that is why we focus more on capital preservation than on refusing to take leverage.

If a stock is going up forget leverage I will sell my house to buy it. Remember when Repco listed at 170 we used to say - Sell your Home and buy Repco Home!!!


Originally posted by raj_koth

Dear Basantji, it is a great loss to small investors that they would miss a great guide/teacher in you. BC created lot of crorepathis. Your teachings to us will remain forever and would guide us. When in doubt or confusion, we can refer to our bible, The Thoughtful Investor book. You are so open that you revealed all your experiences and stock market nuances in your book and also online.

What i learnt from you:
1. Dare to dream with stocks. Invest without fear. I never wait in cash to wait for THAT great moment to deploy cash (where that moment would be filled with greatest fear to enter). No more market timing. After deploying the cash, everybody would be fully invested and i dont understand how some people advice to maintain certain cash levels always (when do they invest it then).
2. Portfolio allocation is more important than stock selection. When an opportunity strikes, invest with greater weight.
3. Borrowed conviction is more dangerous than borrowed capital.

There are lot of pseudo advisory companies which become member of stalwarts like you and then make money by echoing the recommendations. These people hardly understand the key USP of Basant's Corner and wrongly touch the lion (mkt) to get beaten up while putting the blame onto you in online communities/message boards/social media. No true investor following the quintessence of your teachings in basant's corner can lose money in stock market. You created wealth for your subscribers and more to it, built confidence in them to approach the market as our companion in wealth building.

We will miss you a lot for sure. Wishing you the very best in life and hope to see you even BIGGER. You are the epitome of integrity and preach what you follow yourself.

BTW there were few tweeter stalwarts who echoed that basant is advising his members to go on leverage etc. You are the only one in the world to have dealt this topic in detail in your book and also prescribed guard rails for leverage and also its pitfalls/demerits. So called buffett followers in India do not understand that buffett's wealth is mainly due to the FLOAT (another form of leverage). You taught us that debt is not a sin and when used wisely with guard rails, companies as well as investors can create wealth.

Thanks,
Raj
'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
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Chopra
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Quote Chopra Replybullet Posted: 29/Jun/2015 at 7:31pm
Thank You Basant Ji for all the knowledge and wisdom you shared with us.  Though I have been in equities since many years but it is in last 4 years that I made  serious money  and all the credit goes to you... Feeling nervous thinking that there will be No BC support from tomorrow...feeling similar to when i was passing out of college and leaving security of  friends,  Professors  and college environment to venture in industry. Hoping that all the knowledge and experience of last four years will help me to sail through .. I wish you All the Best and Hope to stay in touch!! Thank You!
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RSS4245
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Quote RSS4245 Replybullet Posted: 29/Jun/2015 at 7:33pm
Basant ji, I have been following you for last so many years & your guidance has helped me multiplying my wealth tremendously. I would like to thank you for your regular guidance, knowledge & pearls of wisdom which you shared from time to time.

You will remain a source of inspiration for all of us & I strongly feel that you will reach new heights very soon.

Wishing you All the best for your future.

Thanks once again for everything !!Smile








It is my sincere wish that you have many many more healthy,successful & bullish years ahead.
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basant
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Quote basant Replybullet Posted: 29/Jun/2015 at 7:34pm
Cheer up Babu Moshai.. life moves on.. in 9 years we have minted money right from Pantaloon to Page so just have faith that things will be better from here.



Originally posted by catchsudipto@gm

Not able to retrieve my old passwd for last 9+ years so decided to open a new one. What to say never thought a month before that i have to see this day or read your Goodbye message from you. All those happen in a few days. Cant even that what will i do from Wednesday's evening. After office i user to glue to BC like a Gluestick. Leave apart my Wife even my 10 years old son used make fun of me as he used to say OH NO BC AGAIN whenever he user to see BC in my Laptops screen. He used to say "Basant Guruji Ghan"....... In my 44+ years of life, a few good things happened in my life and i rank TED & BC within TOP 5.  I am still not out of the shock that TED & BC is closing.   I Congratulate all my fellow ted & BC members for this wonderful platform, without  their help TED & BC could have never reached this height. WISH you all the very best in life.
'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
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