Archives: 2006 January
What to expect on the Blog this year
January 30th, 2006, 3 Comments
I am planning to do a detailed study of various industry groups such as petrochemicals, FMCG, Cement, Auto etc. I would be posting an industry study and company analysis after I complete an industry. My plan is to do one industry per month. So hopefully I should be able to do 12 industries by the [...]
Rational allocation of capital – A case study of Marico
January 29th, 2006, 2 Comments
First the disclaimer – The post is not an attempt to recommend marico as an investment (and definitely at these price levels). I do own the stock and have tracked the company for more than 5 years. The post is an attempt to give an example of a company which has a rational capital allocation [...]
Investing time on understanding technology versus investing money in technology stocks
January 27th, 2006, 5 Comments
I work in the tech industry and have always been fascinated by technology and the role it is playing in improving our lives (definitely mine – cannot think of life without broadband, internet, e-mail, google etc). Back in 2000, during the tech bubble, like others I got swept by the internet and technology mania and [...]
Long term buy and hold is not long term buy and forget
January 26th, 2006, No Comments
I keeping reading this debate on whether long term buy and hold is a smart strategy or is it a fad followed by buffett followers. It would seem to me that such a discussion clearly shows that the person debating it really does not get the core idea of the approach. Long term buy and [...]
Increasing circle of competence
January 19th, 2006, 2 Comments
Found this Q&A buffett had with University of Kansas Business School Students. As usual the Q&A was a learning experience for me. In particular I found the following reply interesting Q: What sources of investment ideas are available today?WEB: First, you need two piles. You have to segregate businesses you can understand and reasonably predict [...]
Accouting standards and EDIFAR links
January 14th, 2006, No Comments
Added two links under ‘OTHER’ – one for the ICAI accounting standards and the other for EDIFAR, which the SEBI database for all the filings from listed companies.Not exactly exciting stuff, but fairly important for an investor. I think as an investor it is crucial for me to understand the various accounting standards well and [...]
