The EquityDesk XI is on fire!
Printed From: The Equity Desk
Category: Market Strategies
Forum Name: Identifying Multibaggers
Forum Discription: Discuss specific attributes that investors could look at while choosing multibaggers. Also point out certain factors that investors tend to overlook while finding multibaggers.
URL: http://www.theequitydesk.com/forum/forum_posts.asp?TID=951
Printed Date: 28/Jun/2024 at 11:45am
Topic: The EquityDesk XI is on fire!
Posted By: smartcat
Subject: The EquityDesk XI is on fire!
Date Posted: 07/Jun/2007 at 6:43pm
Discussion continued from http://www.theequitydesk.com/forum/forum_posts.asp?TID=429 - Educomp, http://www.theequitydesk.com/forum/forum_posts.asp?TID=224 - http://www.theequitydesk.com/forum/forum_posts.asp?TID=29 -
Laggards: Trent, http://www.theequitydesk.com/forum/forum_posts.asp?TID=221 - http://www.theequitydesk.com/forum/forum_posts.asp?TID=856 - DIsh TV (added on 30th May)
I am assuming that equal amount has been invested in each of the stocks. I will update the results next month.
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Replies:
Posted By: basant
Date Posted: 07/Jun/2007 at 7:47pm
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Thanks for that effort. If you look at the index from the date individual stocks were recommended you would conclude that this index has beaten all the MF's and hedge funds in India and surprisingly the equitydesk index comes without load/management fees/carry it is FREE and because it is free it is still to hit the popularity charts!!!
------------- '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 |
Posted By: deveshkayal
Date Posted: 07/Jun/2007 at 10:23pm
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If you look at the index from the date individual stocks were recommended you would conclude that this index has beaten all the MF's
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I dont think any fund managers have guts to hold only 11 stocks..Also,they can invest a maximum of 10% of their asset size in a particular stock..Samir Arora restricts max.holdings upto 6%.. ------------- "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 |
Posted By: smartcat
Date Posted: 07/Jun/2007 at 10:26pm
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While I have assumed that equal amount was invested in each of the stocks, I don't think that's how you intended it to be. I'm sure you are more bullish on some stocks (Pantaloon, TV18) and less bullish on others (Trent? Suzlon?).
So if somebody wants to invest in TED XI from tomorrow, what would your portfolio allocation be in percentages for each of the stocks?
What I'm surprised about is - TED XI has very low volatility eventhough there are only 11 stocks. HDFC, HDFC Bank and Bharti seems to bring lots of stability to the portfolio while the hard work of giving returns is done by the others.
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Posted By: basant
Date Posted: 07/Jun/2007 at 10:54pm
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Devesh:More you the number of stock that you hold, more you dilute the better ideas. It is just like if you want to have everything in a dinner party you can have only so much of your favourite dish.
For a normal person he copuld allocate almost equally. FOr greedy people like me we are too busy trying to be cautious (buying stocks that I can see with my eyes and monitor day by day) and putting more money in the best idea.
Now let us talk about one stock where I went a bit wrong "Educomp" since I could not monitor the day to day movement of this company (quite unlike a TV channel where you can sit down and count the number of thrid party advertisements) I recommended selling off at around Rs1040 but on the thread I did mention that diversified portfolios (more then 8 stocks) could hold it since all the company did was adapt an aggressive accounting posture.
So if I get a chance I would put everything into either Tv18 or Pantaloon or Network 18 but that is not how risks are managed.The returns would come with in the backdrop of higher risks. On the other hand if I wanted to have one stock and sleep well at night I would be with HDFc bank!
Look at most of the MF portfolios they hold a lot of non performing junk commodity stocks in decent quantity now how this diversification reduces risk is something that beats me.
------------- '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 |
Posted By: xbox
Date Posted: 07/Jun/2007 at 5:33am
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Bhagwan ke ghar deer hai per andher nahi!! Congratulation TEDs. ------------- Don't bet on pig after all bull & bear in circle. |
Posted By: kanagala
Date Posted: 07/Jun/2007 at 9:29am
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YESBANK deserved a place here for vision, execution & transparency of the management(As vipul ji mentioned in other thread) . |
Posted By: smartcat
Date Posted: 07/Jun/2007 at 11:50am
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Personally, I'm not investing in TED XI in the current composition - because it doesn't suit my risk profile. I'm more of a large cap kind of guy. However, I do have some stocks of TED XI in my portfolio in much lower percentages.
I'm tracking TED XI to benchmark my personal portfolio's performance
 A few comments about TED XI -
- Not having any exposure to the Big Three software companies might result in TED XI underperforming the Sensex - especially if Infy comes out with 30% YoY growth next quarter.
- After entry of NW18, media companies constitute 40% of the overall portfolio.
- No Reliance Industries? RPL refinery is going online in 2008. Cash profit is set to double in 2010 thanks to KG basin gas discoveries. Reliance Retail should bring in serious money after that. Isn't this a good pick for Rip Van Winkle?
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Posted By: basant
Date Posted: 07/Jun/2007 at 11:57am
Your arguments make a lot of sense. But we are all trying to make that money. If we can make our 30%+ in HDFC bank and ENIL why should we look for Reliance and Infy!
Fund managers invest in index heavyweights (Reliance and Infy) because they do not want their NAV to move away significantly from the broader index. Since we are not bothered by day to day movements we can do away with the large cap exposure.
Media and enteratainment does have an aggressive weightage but that is what http://www.theequitydesk.com/forum/forum_posts.asp?TID=364 - concentrated portfolios unlike the diversified ones are made out for. ------------- '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 |
Posted By: vip1
Date Posted: 08/Jun/2007 at 12:32pm
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I think TED can stand for the 3 S's .
Situation,Style, Stocks
according to your Situation ( Money involved(corpus), , age, time frame etc)
your Style (mental famework(aggressive / balance/conservative, Returns expectation)
Choose your Stocks
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Posted By: kulman
Date Posted: 08/Jun/2007 at 10:30pm
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I think TED can stand for the 3 S's .
Situation,Style, Stocks
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That's a good one Vip1!
In my opinion, TED is not just about these 11 stocks.
It's a Gurukul* of sorts where one can learn & improve upon emotional aspects which are the most crucial, learn about process of selection, identifying & understanding businesses, pitfalls of listening to Tips, end-results of over-leveraging, and much much more...
*readers may please remember that any resemblance to my pseudoname is just a co-incidence!
------------- Life can only be understood backwards—but it must be lived forwards |
Posted By: vip1
Date Posted: 09/Jun/2007 at 7:40pm
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It's a Gurukul* of sorts
Right , and the best part is the GURU himself is a Student(always willing to learn).
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Posted By: vip1
Date Posted: 26/Jun/2007 at 12:26pm
kulman,
Biz channel Ki Jageh naya B(Basant) Channel Dekho Saare Bullbs aur CFL Sirf Andhera hatate Hain , Par Yeh " Dimaag Ki Bati jale De" , aur saare Andhere gayab ! ------------- |
Posted By: kulman
Date Posted: 26/Jun/2007 at 12:44pm
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Saare Bullbs aur CFL Sirf Andhera hatate Hain , Par Yeh " Dimaag Ki Bati jale De" , aur saare Andhere gayab !
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Vip1
I agree with you. New slogan: "come to TED, forget about FED!"
------------- Life can only be understood backwards—but it must be lived forwards |
Posted By: basant
Date Posted: 26/Jun/2007 at 1:45pm
Enjoying all this humour on this thread. TED's stocks especially the ones in our http://www.theequitydesk.com/forum/forum_posts.asp?TID=429&FID=29&PR=3 - The Equity Desk XI could seriously put several "smart" money managers to test. ------------- '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 |
Posted By: kulman
Date Posted: 26/Jun/2007 at 2:00pm
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could seriously put several "smart" money managers to test
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Woh log khud ko 'smart' ka label lagaate hain shayad!
I don't understand what's so smart about this 'smart money'?
------------- Life can only be understood backwards—but it must be lived forwards |
Posted By: omshivaya
Date Posted: 26/Jun/2007 at 2:57pm
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Rightly said Basant sir. I seriously think we should try an achieve the current TED XI CAGR for next 15-20 years OR at least 30%. TED would then get some serious recognition which I really want it to get.
So, we need to get this tempo. going and you would have to change your earlier milestone of 2010 Basant sir for the collective good of TED. We are with you all the way. ------------- The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it |
Posted By: catchsudipto
Date Posted: 26/Jun/2007 at 3:05pm
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the ones in our http://www.theequitydesk.com/forum/forum_posts.asp?TID=429&FID=29&PR=3 - The Equity Desk XI could seriously put several "smart" money managers to test
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WELL DONE BASANT SIR ------------- Make your Life as simple as possible. |
Posted By: smartcat
Date Posted: 26/Jun/2007 at 3:26pm
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I will be compiling and putting up a detailed half yearly TheEquityDesk XI performance results (1st Jan 2007 to 30th Jun 2007) by the end of this month.
So far, the results are looking good. If TED XI was a mutual fund, it would be in No. 1 position. However, we have 3 more trading days to go and a couple of MFs might beat TED XI by a small margin.
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Posted By: basant
Date Posted: 26/Jun/2007 at 4:04pm
Thanks for all that. It should be done that way so we always have a reality check going. Actually I am surprised to see that some MF's could beat TED stocks for the 6 month period. ------------- '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 |
Posted By: smartcat
Date Posted: 26/Jun/2007 at 4:09pm
| You are going directly head to head with Sandip Sabharwal (JM Basic) and Standard Chartered Premier Equity (which has a media & Ent biased portfolio). Sandip is 'cheating' by using Futures! |
Posted By: deveshkayal
Date Posted: 26/Jun/2007 at 6:26pm
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Stan Chart Premier Eq is the fund to watch as i said earlier.
Smartcat,would you consider Titan or Educomp? ------------- "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 |
Posted By: smartcat
Date Posted: 26/Jun/2007 at 6:31pm
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On the date Basant kicked out Educomp and replaced it with Titan, I did the same too. Ditto with Aditya Birla and Trent. I just saw today's results. On the day when Sensex didn't move much, TED XI is up around 5%. I don't think there is a contest anymore between MFs and TED.
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Posted By: xbox
Date Posted: 26/Jun/2007 at 5:25am
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I don't think there is a contest anymore between MFs and TED.
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100% correct. TED follows stock selection to limit the risk whereas MFs follow diversification for the same. They are regulated by SEBI we are by BM  . We resemble more like PMS.------------- Don't bet on pig after all bull & bear in circle. |
Posted By: smartcat
Date Posted: 29/Jun/2007 at 4:41pm
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Discussion continued here -
http://www.theequitydesk.com/forum/forum_posts.asp?TID=1036&PID=28260#28260 - http://www.theequitydesk.com/forum/forum_posts.asp?TID=1036&PID=28260#28260
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Posted By: nil_money
Date Posted: 29/Jun/2007 at 7:22pm
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Hi All,
most of the stocks from Equity desk XI have alreadyb run up so much ... rerating has also happened for many of them ... if we want to enter anyone of these stocks now which one is better ? .. or we should wait for them to correct ? ... which is the must have stocks at cmp among the Equity desk XI ? .. thanks in advance.
Regards,
Nilesh ------------- Thanks, Nilesh |
Posted By: BubbleVision
Date Posted: 29/Jun/2007 at 8:06pm
Nilesh....
Things in Mommentum, tends to stay in mommentum for quite some time. Dont pray for Gravity just yet!!!
------------- You can't make money if you are unwilling to lose...It's like willing to breathe in but not willing to breathe out. -- ED SEYKOTA ....Read Disclaimer! |
Posted By: basant
Date Posted: 29/Jun/2007 at 8:54pm
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Things in Mommentum, tends to stay in mommentum for quite some time. Dont pray for Gravity just yet
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If this is also from the Bubblevision school of thought we'd let you keep the copyright for this ------------- '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 |
Posted By: BubbleVision
Date Posted: 29/Jun/2007 at 9:10pm
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File for a "Taalak" in case of a break in Momentum!!! ------------- You can't make money if you are unwilling to lose...It's like willing to breathe in but not willing to breathe out. -- ED SEYKOTA ....Read Disclaimer! |
Posted By: catcall
Date Posted: 29/Jun/2007 at 9:20pm
Beware, TED -IX stocks have run up so much that in case of a Talaaq, alimony amount payable would be huge!! ------------- There are two times in a man's life when he should not speculate-when he can't afford it and when he can-Happy investing! |
Posted By: tigershark
Date Posted: 29/Jun/2007 at 9:55pm
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growth stocks will continue to look expensive as long as the growth continues and a pe rerating will continue to happen for some one wanting to buy ted stocks see whether the growth is continuing and how long can it continue rather than watching stock prices.if growth is intact then any break in momentum should be used as an oportunity-----a great business at a fair price is far better than a fair business at agreat price--CHARLIE MUNGER ------------- understanding both the power of compound return and the difficulty getting it is the heart and soul of understanding a lot of things |
Posted By: BubbleVision
Date Posted: 29/Jun/2007 at 10:01pm
Wow .........Dr Sahaab...now you are also giving quotes.. welcome to the "Kulman Quotes Klub".  ------------- You can't make money if you are unwilling to lose...It's like willing to breathe in but not willing to breathe out. -- ED SEYKOTA ....Read Disclaimer! |
Posted By: basant
Date Posted: 03/Jul/2007 at 10:28am
Thank you for the kind words. We do keep changing the players in the team but broadly I do not time markets.If you would be buying some stocks from the model portfolio by selling existing holdings then it should not matter because if the market tanks so would your existing holdings.Broadly I would back all the companies in the XI for a 3 year period.
------------- '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 |
Posted By: smartcat
Date Posted: 03/Jul/2007 at 11:53am
Not many people realize this. Timing of investments, if attempted, should be done only with 'new money'.
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