tag:blogger.com,1999:blog-7004453.post3910444405654920361..comments2023-09-02T19:53:06.144+05:30Comments on Understanding and applying value investing principles: Anchoring and a stock saleRohit Chauhanhttp://www.blogger.com/profile/00356455735241398199noreply@blogger.comBlogger14125tag:blogger.com,1999:blog-7004453.post-44512866813854964512009-05-22T10:15:17.319+05:302009-05-22T10:15:17.319+05:30Hello Rohit,
I want to know What is GDR? what does...Hello Rohit,<br />I want to know What is GDR? what does it mean by GDR held in foreign bank with no use for years towards the purpose for which it was raised? <br /><br />Does the company gets interest on GDRs? How can we come to know the motive behind not using those GDRs for years?<br /><br />regards<br />AniAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7004453.post-35121311507776957692009-05-21T07:32:41.795+05:302009-05-21T07:32:41.795+05:30Hi PR
I have two portfolio - the core is about 14-...Hi PR<br />I have two portfolio - the core is about 14-15 stock with equal wieghtage. <br /><br />i have rough target on how much money i will invest in the core portfolio which i have divided equally among the 14-15 stocks. if i feel very strongly any specific stock i may go 10-15% higher ..but no more.<br /><br />also i am adding to stocks based on discount to intrinsic value, the cheaper the stock gets the more i add, till i reach full position<br /><br />regards<br />rohitRohit Chauhanhttps://www.blogger.com/profile/00356455735241398199noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-69048795683041895522009-05-21T06:39:51.058+05:302009-05-21T06:39:51.058+05:30Rohit,
You frequently mention position size. How ...Rohit,<br /><br />You frequently mention position size. How do you decide the size of your position for a particular stock ? Is it uniformly distributed across your stocks or do you weigh stocks with larger margin of safety higher (i.e., allocate more to these stocks to benefit from a larger potential upside) ?<br /><br />Thanks,<br />PRAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7004453.post-6962532752402672872009-05-17T22:18:00.000+05:302009-05-17T22:18:00.000+05:30Hi ninad
thanks. i am just waiting for the bucks t...Hi ninad<br />thanks. i am just waiting for the bucks to start rolling in :)<br /><br />regards<br />rohitRohit Chauhanhttps://www.blogger.com/profile/00356455735241398199noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-5395483846828618192009-05-17T20:41:00.000+05:302009-05-17T20:41:00.000+05:30Hi Rohit
Congrats on the listing. It is a reflec...Hi Rohit <br /><br />Congrats on the listing. It is a reflection on the effort and perseverance that you put into the value investing process. <br /><br />Cheers <br /><br />NinadNinad Kunderhttps://www.blogger.com/profile/14275940021296930028noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-75281289100507489682009-05-16T01:30:00.000+05:302009-05-16T01:30:00.000+05:30vic
popular yes, famous no.
also the thing about t...vic<br />popular yes, famous no.<br />also the thing about titles is that pride goes before the fall :)<br /><br />over time i have learnt is to be careful about getting puffed up. in earlier stages of investing everytime my pick went up, i felt smarter and the next whiz kid. well, in time realised that was the start of my downfall<br /><br />nowadays my inner voice has this question whenever i start getting puffed up - if you are so smart, how come you are not rich :) ?<br /><br />rgds<br />rohitRohit Chauhanhttps://www.blogger.com/profile/00356455735241398199noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-20090536674986022652009-05-16T01:26:00.000+05:302009-05-16T01:26:00.000+05:30Hi sachin
thanks for the comment
regarding marut...Hi sachin <br />thanks for the comment<br /><br />regarding maruti, it was more of being sloppy than lucky, but anyway hindsight is 20/20. so next time need to avoid the same mistake<br /><br />regards<br />rohitRohit Chauhanhttps://www.blogger.com/profile/00356455735241398199noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-73757039183925899622009-05-16T01:25:00.000+05:302009-05-16T01:25:00.000+05:30hi RK
most of us are in the same boat, only a few ...hi RK<br />most of us are in the same boat, only a few choose to accept it. maybe the first step is acknowledge the bias and work to avoid it.<br />the good thing about the market is that there are always new opportunities<br /><br />regards<br />rohitRohit Chauhanhttps://www.blogger.com/profile/00356455735241398199noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-67834847921508526972009-05-16T01:23:00.000+05:302009-05-16T01:23:00.000+05:30Hi sumi, amit
the interesting thing is that altho...Hi sumi, amit<br /><br />the interesting thing is that although all of us consider ourselves as unique, most of us face the same baises and maybe the first step to overcoming it is accepting it and getting around it.<br /><br />i dont speak for others, but personally i always assume that i am affected by a behavioural bias unless proven otherwise<br /><br />regards<br />rohitRohit Chauhanhttps://www.blogger.com/profile/00356455735241398199noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-4048801562042323472009-05-16T00:52:00.000+05:302009-05-16T00:52:00.000+05:30Wow!! Congrats Rohit.
Man..you are getting famous...Wow!! Congrats Rohit.<br /><br />Man..you are getting famous now. I don't know whether India's Buffet title is still available.<br /><br />VicVikas Ranahttps://www.blogger.com/profile/05508406035178681504noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-87318203393598132652009-05-15T20:38:00.000+05:302009-05-15T20:38:00.000+05:30Hi Rohit,
The publicity is well-deserved. Your blo...Hi Rohit,<br />The publicity is well-deserved. Your blog is a must-read, for sure. Every morning, it has become a kind of programmed task for me to check your site for whether there is a new post on it. <br /><br />In the times, when people are more interested in giving and taking tips on hot-stocks, even the business newspapers are providing mediocre "trading tips". Your blog provides a good learning and knowlege-sharing experience. It must be quite a regimen for you to be able to keep regularly posting not only articles but also responding to each and every comment. Keep on the good work.<br /><br />Regards Maruti, you are lucky. The day I got rid of my price fixation on Maruti, it had already moved very sharply. So I could not buy any of them.Sachin Purohitnoreply@blogger.comtag:blogger.com,1999:blog-7004453.post-47499974099121736122009-05-15T17:27:00.000+05:302009-05-15T17:27:00.000+05:30I am new to your blog and I have to say that there...I am new to your blog and I have to say that there is lots of common sense in your posts. As I read the posts here and in some of the other blogs I see that many people have similar problems like I do the same exact thing that you mention in this post - i stop buying once the stock moves up even though i know its still cheap. And of course I have missed on many good opportunities in this short time I have been on the market. It hurts but I think we will finally learn<br /><br />rk<br />http://thedumbinvestor.blogspot.com/RKhttps://www.blogger.com/profile/14338268910592359400noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-88966585605680582622009-05-15T16:24:00.000+05:302009-05-15T16:24:00.000+05:30Hi Rohit,
I too faced an anchoring problem when I...Hi Rohit,<br /><br />I too faced an anchoring problem when I bought sintex. I bought it at 120 and thought I would increase the position even lower than that despite the fact that as per my estimates its intrinsic worth is around 280. Despite the 50% margin of safety I considered I could not get over the value of Rs. 120 so I ended up with a small position. The range idea is good it attempts to remove a bit of the fixation.sumihttps://www.blogger.com/profile/01473513041115738407noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-20082766229006423322009-05-15T12:18:00.000+05:302009-05-15T12:18:00.000+05:30Hi Rohit,
I faced a similar anchoring problem wit...Hi Rohit,<br /><br />I faced a similar anchoring problem with GSK Consumer - had analysed it in March when it was close to 600 - felt it was undervalued at that price - however I waited for a price in the region of 550 - which never came. Now the price is completely out of reach! In hindsight it feels more like a mental block - the Rs. 50 difference between 600 & 550 is only a matter of 10%, which is not really what we are after - after all if a company is undervalued at 550 it is also undervalued at 600, albeit a little less.Amitnoreply@blogger.com