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snehaldani
Senior Member
Joined: 29/May/2007
Location: India
Online Status: Offline
Posts: 518
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 Posted: 18/Feb/2008 at 8:20pm |
Janakbhai, temptations you are offering are too difficult to resist.
Let us wait for Devesh's exams to be over and let us all meet for longer period with wider agenda.
And yes, understanding the unique dynamics of different businesses can open up a treasure trove of knowledge.
Let us make Mumbai - Pune chapter one of the best of the many.
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Snehal P.Dani
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kulman
Senior Member
Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
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 Posted: 18/Feb/2008 at 8:37pm |
Yeah....Three cheers for JM....! not for what he did but for the way he did!
P.S.: Bunty usually avoids travelling (for wealth reasons of his Father). So if you all want to meet him come to Pune.
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Life can only be understood backwards—but it must be lived forwards
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BubbleVision
Senior Member
Joined: 05/Aug/2006
Location: India
Online Status: Offline
Posts: 3142
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 Posted: 18/Feb/2008 at 9:38pm |
Great work guys, I would give 3 cheers to everyone!
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You can't make money if you are unwilling to lose...It's like willing to breathe in but not willing to breathe out. -- ED SEYKOTA ....Read Disclaimer!
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chic_1978
Senior Member
Joined: 10/Aug/2006
Location: India
Online Status: Offline
Posts: 690
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 Posted: 18/Feb/2008 at 10:43am |
ok guys
we discussed lot of issue in this meet...but one important discussion we had from snehalji was cash equivalents.....he advcied to select stocks which are cash equivalent & can be easily encashed in times of panic & converted to our fav stocks.....snehalji can u please ellaborate on this topic for other ted's....
After the meeting I decided to observe Kotak bank & Reliance Capital from close quaters.... 
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happy & wise investing
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India_Bull
Senior Member
Joined: 19/Sep/2006
Location: United States
Online Status: Offline
Posts: 2296
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 Posted: 19/Feb/2008 at 12:13pm |
Wow, congratulations to the organisers of this meet, I certainly missed it. When is next meet planned ?
Cheers for Kotak and Relcap holders !!( Is it because of this meeting Rel Cap is coming back to normalcy ?)
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India_Bull forever Bull !
www.kapilcomedynights.com
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deveshkayal
Senior Member
Joined: 04/Sep/2006
Online Status: Offline
Posts: 3903
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 Posted: 19/Feb/2008 at 7:54pm |
Originally posted by kulman
Nothing to worry friends. Though it may appear to be contrary from my posts here, in reality I am a true gentleman, a sajjan aam aadmi.
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Believe it or not, its true 
Snehal jee's explanation of Cash equivalents made a lot of sense and i would request him to explain it to TEDdies. He explained Kotak in a comprehensive manner. He is bullish on RelCap, Yes and CBoP.
Janak jee said "The dynamics of the business is changing so fast that we investors realise it after the event has happened. "
Chirag bhai said "Thanks to TED, he is emotionally detached from the market fall"
Rel Cap guys are quite aggressive (in his words "fire in the belly"), said Mark. He had a positive thing to say on Marico too.
This is just a Summary. The meeting went from 1 pm to 7.30 pm.
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"You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beat the guy with a 130 IQ. Rationality is essential"- Warren Buffett
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kulman
Senior Member
Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
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 Posted: 19/Feb/2008 at 8:01pm |
Originally posted by deveshkayal
This is just a Summary. The meeting went from 1 pm to 7.30 pm. |
And we all were so engrossed in the discussion that we forgot to catch up scores of Aus-Ind ODI. Indian team of course obliged by losing.
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Life can only be understood backwards—but it must be lived forwards
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catcall
Senior Member
Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 1076
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 Posted: 19/Feb/2008 at 9:00pm |
Nice to know u all had a gr8 time, wish i was there too, prbly next time!
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There are two times in a man's life when he should not speculate-when he can't afford it and when he can-Happy investing!
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