Archives: 2009 December
Wishes for the new year
December 31st, 2009, 2 Comments
A happy new year to all the readers and thank you for reading and visiting my blog.
Annual portfolio review – 2009
December 27th, 2009, 6 Comments
I usually review my portfolio towards the end of the year and try to figure out what went right and where I goofed up. I disclosed my portfolio last year and the portfolio has remained more or less the same since then. I sold off some small positions such as India nippon, manugraph etc and [...]
Some corrections to the previous post
December 22nd, 2009, No Comments
The thing about a blog is that if you make an error in your analysis, especially a dumb one, it gets caught very quickly. I did not notice that HDFC floater LT has a 3% exit load. As a result, one of my conclusion in the previous post is invalid, if one is looking for [...]
Analysing floating rate funds
December 19th, 2009, 1 Comment
I wrote in my last post on my views on inflation and one venue of investing or hedging against it – floating rate funds. Two key points to keep in mind, when reading my views on inflation or any other macro fundamentals. They are views and guesses, nothing more and nothing less. Even paid economists [...]
The inflation risk
December 15th, 2009, 3 Comments
I think the inflation risk is now obvious to most of us, even if we don’t read the papers everyday. Even if the government claims the inflation is 4% or so, buying a kg of potato or sugar gives a different view of reality. So what do we do in response or if we need [...]
Test of patience
December 10th, 2009, 2 Comments
The last one year has been a value investor’s dream. Analyze and find an undervalued stock, buy decent quantities of it and voila!, in a few months time the market has recognized the undervaluation and corrected it. As a result most of the stocks in my portfolio have corrected substantially and I am looking at [...]
