"and use theitr cash with a view not to dilute the RoE"
Could you please give examples of this? I can think of one being unnecessary acquisitions/diversifications (trying to do too many things which end up failing) rather than sticking to your core strengths.
Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
Posted: 06/Apr/2011 at 2:37pm
Absolutely. That is what we do not want our companies when they are reporting 30%+ RoEs.
'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
"and use theitr cash with a view not to dilute the RoE"
Could you please give examples of this? I can think of one being unnecessary acquisitions/diversifications (trying to do too many things which end up failing) rather than sticking to your core strengths.
Thanks,
Ram.
What about great mgmt led Titan's plan to diversify from watch/jwellery to total lifestyle retailer ???
What about great mgmt led Titan's plan to diversify from watch/jwellery to total lifestyle retailer ???
"It makes clear to us that a general characteristic of such companies is a management that does not let its preoccupation with long range planning prevent it from exerting constant vigilance in performing the day-to-day tasks of ordinary business outstandingly well."
You cannot post new topics in this forum You cannot reply to topics in this forum You cannot delete your posts in this forum You cannot edit your posts in this forum You cannot create polls in this forum You cannot vote in polls in this forum
Active Topics
Memberlist
Calendar
Search
Help
Register
Login
IP Logged
