Originally posted by chaudhuris I have just over 30% return. Main culprit of outperformance - Sesa Goa (200x), and to some extent- ITC (6x). Most purchases have been in 2003-04 time. Some purchases in 07 period that have been mixed (FDC has done well), and a bunch of purchases in 08 and 09. Over a period of 6.5 yrs, portfolio is up about 5-5.5x times. I learnt a lot in the last 6-7 years that I am finally beginning to apply. Still learning every day. Thank heavens I did not take up Finance in my MBA days - I would have ruined myself chasing Betas and EMT.

Hmm.. congrats on the 200 bagger on Sesa goa... i too realise if you look too much into finances you would ruin your returns. better to follow the price of a stock only!!

This post got some heated arguments...but my idea what to reflect how even a huge multibagger can affect your portfolio returns, if you don't invest time in capital allocation. Also its not that difficult to find multibaggers if you intend to hold for the duration you did with sesa goa. In case of sesa goa even the commodity cycle helped you, which would have been the case with real estate/cement etc. Going forward i think prices discount forward earnings so not sure if there are many opportunities for a mega-multibagger right now.

Edited by Crimsonarcher - 04/Nov/2009 at 3:26pm