Originally posted by koolvalue Basant sir this is right time to start proper PMS services. I personally invested in one stock from top ten (single stock port folio) and that has almost doubled.I think no guess work is required for the name. Please start proper PMS where we will hand over our folios to you and pls manage them for yearly fixed fee plus profit sharing beyond hurdle rate.

PMS is too much of a headache, I want to keep myself free as far as possible in fact the "Ask Basant" works exactly like a PMS just that the decision is to be taken by the person who owns the stocks.

In ASK BASANT we are given ideas & logic for the same and we can experiment & actually experience the result. you can question everything he says/does and we get to read his mind. in the process we learn & realize what works/why it works.   
Even if you start PMS , pls continue BC services.

Originally posted by satish23 In ASK BASANT we are given ideas & logic for the same and we can experiment & actually experience the result. you can question everything he says/does and we get to read his mind. in the process we learn & realize what works/why it works.    Even if you start PMS , pls continue BC services.

First of all I must apologise admin for debating this topic
in my investing strategy but as the debate has started I
feel it is my duty to put across my thoughts to everybody.

1)Many people like me do not have luxary of logging on to
TED every day and read all the posts.
2)Many people like me (most of the times) do not understand the finer points especially the one involves
analysing cash flows and balance sheets.
3)Many people like me are not wise enough to draw any
meaningful decision from Basantji's answer to queries and
end up just thanking him for spending his precious time
and they just keep quiet.The topic just ends there and
no investments happen.
4)Only the financially well versed and well informed
are reaping the benifits(Here I must agree that Iam also
a benefeciary just because of trust we have on basantji)
5)Couple of years back we started debating about paid PMS
and atleast advisery services started which everybody
knows is a huge hit.I feel it is right time now start
proper PMS and take our forum to next level.
6)Proper PMS service will benefit those people who have
investment capital but lack in time/wisdom/work in different fields than finance/women & housewivws/rural
and farming community.
7)It will give ted financial muscle to protect our scripts from unfriendly bear caartrels (it always happens,established people in merket have done this before)
8) We will have better control over the management of our
companies as we will be holding considerable equity and
this will adress governance related issues.
9)We will have acoutability and after few years we can
thump the bench and celebrate our riches.

I agree that starting a PMS involves a lot of headache but a close ended fund with a lock in period of 3/5/7
years can be thought off.

Originally posted by Sushanth I completely agree with Satish..In Ask basant, we learn (and enjoy learning) and make money. In PMS,we will ONLY make money..So, even if you start PMS, please continue Basants Corner as it is.

We are with TED right from begining(as a silent reader) and our portfolios gains have overtaken our aquired knowlwdge on TED



What I mean to say is once portfolio raises beyond a certain level (more than that of your wisdom) you feel
like handing it to a good manager and you do not mind
paying him fees and give him share in your profit.This
is a absolute win win sitaution.
As far as aquiring knowlwdge is concerned one can just go
through normal ted forum it is like GITA.

Being on ted for so many years has made us very demanding
and we want our forum also to make continuous progress
Q ON Q basis just like our companies are growing.

Edited by koolvalue - 14/Sep/2012 at 9:12pm