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deveshkayal
Senior Member
Joined: 04/Sep/2006
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Posts: 3903
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 Posted: 16/Apr/2008 at 10:31am |
Vijay jee, i would highly recommend you to read this blog
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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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basant
Admin Group
Joined: 01/Jan/2006
Location: India
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Posts: 18403
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 Posted: 16/Apr/2008 at 10:31am |
Devesh please do not use such terms. There are better ways to express opinions.
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'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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deveshkayal
Senior Member
Joined: 04/Sep/2006
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Posts: 3903
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 Posted: 16/Apr/2008 at 10:34am |
I am extremely sorry. I will edit my post.
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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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basant
Admin Group
Joined: 01/Jan/2006
Location: India
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Posts: 18403
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 Posted: 16/Apr/2008 at 10:50am |
No problems I know you meant no offence on that but still we need to be a bit careful.
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'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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Janak.merchant1
Senior Member
Joined: 14/Jan/2008
Location: India
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Posts: 364
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 Posted: 16/Apr/2008 at 11:57am |
Originally posted by deveshkayal
Vijay jee,
EPS growth of above 40% for a large cap company like BHEL is just impossible. If that was the case then Sensex would have been trading at 20k+ right now ! |
Hi Devesh,
I do not know anything about BHEL but have a saying from my investment manual that anything is possible in stock markets and investments. So my following points are not for BHEL but in general. I hope you might find them useful.
Nothing is impossible. Nobody believed 6 years back how Siemens, MICO and ABB wud perform. I had a chance to listen to one of the wisest person i have met few times and he had told a group of ard 15 of us about these companies. I was wise enough to go and listen to him and fool enough not to buy those shares  .
He was the same person i had argued - debated with 18-20 years back about LMW when it was 100 paid share and rate was 450. I had bought LMW and was losing patience as the share was not moving up.
Many know how these companies have performed in last few years.
I have also learnt my lessons.
Hopefully will not make such mistakes.
Best wishes to both Kayals.
JM
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I love my money, not my opinion. So i am ready and willing to change my opinion for the sake of protecting my money.
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Vivek Sukhani
Senior Member
Joined: 23/Jul/2006
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Posts: 6675
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 Posted: 17/Apr/2008 at 12:39pm |
Hi Vijay sir,
I have just one thing to say after all this.....following Buffett is alright, but unfortunately one has to make his own rules in this market. In my circle, I know so many people who are investment legends onto themselves but trust you me, they all have a very different way of working. The picks are of very diverse type. There is very little commonality. So, I believe one should try to make his own approach, test it, back test it, debate it, discard it, reframe it, dismantle it, modify it, but at the end of the day it shall be one's own.
I hope you take this post in the right spirit.
thanks and regards,
Vivek
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vijayM
Senior Member
Joined: 21/Dec/2007
Location: India
Online Status: Offline
Posts: 649
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 Posted: 17/Apr/2008 at 3:10pm |
Vivek ji
I agree with you. if you have gone through all my posts in this thread, you will understand the purpose of starting this thread. I am focussing on equity analsis methodology. I am impressed by WB and PL kind of people. Other TEDies may be followers of other Legends. No problem. The purpose is mutual help by discussion.
The language used by different TEDies may be different in expressing their views. I am not disturbed by any word. I am more concerned about theme which I initiated here in this thread.
vijayM
Edited by vijayM - 14/Jan/2011 at 6:33pm
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If a business does well, the stock eventually follows:Warren Buffett
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jayeshiyer
Newbie
Joined: 17/Apr/2008
Location: India
Online Status: Offline
Posts: 1
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 Posted: 17/Apr/2008 at 5:51pm |
Hi,
I am having 5000 shares of Facor alloys bought @ Rs 9.
Now CMP of this stock is RS 11.86.
I heard that this stock has great potential to cross 50 by this year end.
Mainly becoz of huge increase in the price of Ferro Chrome.
I need your valuable opinion on this.
Thanks,
Jayesh.S
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