| Author |
Message |
basant
Admin Group
Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
|
   Posted: 01/Jul/2008 at 5:13pm |
Actually some titles at TED have gone wrong and this is one of them. Our markets do need foreign money because our local money managers are as how they are. So instead of the Indian investor chickening out it is the money manager who is getting fearful.
|
|
'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
|
 IP Logged |
|
|
|
 |
|
vijaygawde
Senior Member
Joined: 21/Mar/2008
Location: India
Online Status: Offline
Posts: 851
|
Posted: 01/Jul/2008 at 5:25pm |
Originally posted by basant
Actually some titles at TED have gone wrong and this is one of them. Our markets do need foreign money because our local money managers are as how they are. So instead of the Indian investor chickening out it is the money manager who is getting fearful.
|
Fully agree !! with likes of Mr. Madhusudan Kela, supposed to be the best fund manager in business around; having pre-concieved ideas like "will deploy the Public money only after index fall at a particular level....."
Are they betting on Index or Individual businesses??
I also suspect that Indian fund managers wait for FIIs to make first move.
Edited by vijaygawde - 01/Jul/2008 at 5:26pm
|
|
Diversification is protection against ignorance, it makes little sense for those who know what they’re doing.
|
|
IP Logged |
|
|
|
basant
Admin Group
Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
|
Posted: 01/Jul/2008 at 5:40pm |
Kela has got it wrong look at the top holdings of Reliance Growth fund and inspite of that cash the fund is down about 40% from its January high.
Does it matter if an investor loses 55% or 40% and also that 40% has that threat of being in substandard names which might never recover.
|
|
'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
|
|
IP Logged |
|
|
|
Vivek Sukhani
Senior Member
Joined: 23/Jul/2006
Online Status: Offline
Posts: 6675
|
Posted: 01/Jul/2008 at 6:15pm |
Originally posted by basant
Kela has got it wrong look at the top holdings of Reliance Growth fund and inspite of that cash the fund is down about 40% from its January high.
Does it matter if an investor loses 55% or 40% and also that 40% has that threat of being in substandard names which might never recover. |
Dont worry Basant Sir....if markets continue to behave like it is doing now,yeh jo cash hai naa, woh bhi redemption mein chala jayega.
Investors will do well to emply funds on their own rather than take the help of fund managers. At the end of they, there's little difference between a lay investor's returns and that of an 'expert'.....
|
|
IP Logged |
|
|
|
BGKGURU
Senior Member
Joined: 28/Nov/2007
Location: India
Online Status: Offline
Posts: 635
|
Posted: 01/Jul/2008 at 6:16pm |
i disagree to some extent. off cource we need foreign money but we have to look at colour of money. we don't need hedg funds money/pn funds/short term funds. if you will see fii is selling continously,on the other hande mutual funds/insurance companis is buying. so current downward because of fii+ local f&o trader. In fact i heard that fii and local bear used pn route for bear mkt. I m not expert so i can't explain if somebody knows abt that, then let us know how they can use pn funds to borrow securites and then sell at spot mkt.
We need strong local institution.
Edited by BGKGURU - 01/Jul/2008 at 6:21pm
|
|
IP Logged |
|
|
|
arunshah2k
Senior Member
Joined: 25/May/2008
Online Status: Offline
Posts: 494
|
Posted: 01/Jul/2008 at 6:31pm |
|
I agree.
Mutual funds have been holding on cash. But the market has reached such levels, that retail investors will now start redemptions and all cash will be gone for that.
Mutual funds may miss the opportunity to buy at lowel levels.
|
|
IP Logged |
|
|
|
basant
Admin Group
Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
|
Posted: 01/Jul/2008 at 7:35pm |
|
All that cash remained in the bank account and could not find its way to the broker's account in May06 This time it will be no different whether retail investor or the prof money manager. The fear is just too much to let that money go.
|
|
'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
|
|
IP Logged |
|
|
|
romanov
Groupie
Joined: 07/Feb/2008
Online Status: Offline
Posts: 87
|
Posted: 01/Jul/2008 at 11:06am |
The fear is overdone..I will be starting to buy today.I think Market has factored in all negative news ..and falling should stop.
The only worse thing that I can see is Israel-Iran war or Some big bank going down under...and these are factors not in anybodys hand.Oil should not reach 160..it's a big psychological barrier..
The only thing that I can look at is the businesses that I like(at correct valuation)..and will Invest henceforth..even realty .
Again this is how I feel...let's see.
Having patience is one thing...but having reluctance to do something correct when time is right is  .
Will update my portfolio shortly.
p.s.: last straw is relinace pack..it should fall some more and we should be all set.But I think it's one of the strongest pillars of bull run..and no bear will be able to climb it.
Edited by romanov - 01/Jul/2008 at 11:42am
|
|
IP Logged |
|
|
|
Active Topics
Memberlist
Calendar
Search
Help
Register
Login
