tag:blogger.com,1999:blog-7004453.post7495058247021030481..comments2023-09-02T19:53:06.144+05:30Comments on Understanding and applying value investing principles: Analysis : P&G USRohit Chauhanhttp://www.blogger.com/profile/00356455735241398199noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-7004453.post-12596577460101520452009-09-28T23:42:31.714+05:302009-09-28T23:42:31.714+05:30hi amit
I have read the same book, which is a clas...hi amit<br />I have read the same book, which is a classic and face the same issue as any one else as i too have a day job.<br />asian paints was really an exception as i worked with the company, however for all other companies my source of data is limited to the published reports and the internet.<br />I really have not spoken to management or anyother stakeholders in the past. <br />I think it would improve my investing decision if i did that, but unfortunately as in your case, i too have a day job and cannot afford to this level of analysis as yet.<br />you will realise that with time and experience you will be able to learn quite a bit from the public sources and reduce the disadvantage you mention.<br />extensive reading is the only solution i can see for our constraint<br />rgds<br />rohitRohit Chauhanhttps://www.blogger.com/profile/00356455735241398199noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-67085085253800899582009-09-28T23:38:04.288+05:302009-09-28T23:38:04.288+05:30Hi madhav
I am mainly india focussed with a few id...Hi madhav<br />I am mainly india focussed with a few ideas on international stocks.<br /><br />you will be able to find details on calculating FCF on my blog ..i have written about it in the past, though it may require some searching.<br /><br />I personally do not think a discount takes care of the governance issue. ofcourse governance is not entirely black and white, but in cases where one cannot trust the management at all, it is best to avoid the company<br /><br />rgds<br />rohitRohit Chauhanhttps://www.blogger.com/profile/00356455735241398199noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-50198208981522487132009-09-28T16:15:51.809+05:302009-09-28T16:15:51.809+05:30Hi Rohit,
I have been following your blog for abo...Hi Rohit,<br /><br />I have been following your blog for about an year and i admit it has been a good learning experience. I wanted your take about Phil fisher's book - Common stock and Uncommon profits.<br /><br />Methods that he suggested to do qualitative checks of the company(calling/meeting customers, cometitors etc.) makes sense but i can't possibly do it because i have a day job. <br />How do you gather your knowledge about qualitative aspects of the company which are not revealed by finnacial statements. You said in some earlier post that dealer lock in is higher in case of Asian Paints. As you had already mentioned that you had an advantage in that scenario as you had worked for Asian paints. But how do you go about these things in other industries( I am presuming you do considering the depth of your analysis.<br /><br />AmitAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7004453.post-321758462655950442009-09-28T12:55:39.394+05:302009-09-28T12:55:39.394+05:30Hi Rohit,
Just came across your blog thru Google ...Hi Rohit,<br /><br />Just came across your blog thru Google search - nice blog. keep it up.<br /><br />As a student of value investing, I have this question/ comment about your avoiding Indian market: Would a substantial margin of safety about 40-50% minimize the risk of corp. governance in MNC's? Are you comfortable investing in purely Indian companies? What is the difference?<br /><br />FYI, I am going to grope around your blog for understanding how to calculate FCF (that was my search term that brought me to your blog) but I am looking for a definitive answer as the Indian fin. statements differ from that of US GAAP format and so depreciation and related items do not immediately ring a bell to me. I am also in search of investing tools that would make evaluating Indian cos. easier.<br /><br />Thanksms420https://www.blogger.com/profile/09707676827269080161noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-39105488347204303842009-09-27T04:42:28.868+05:302009-09-27T04:42:28.868+05:30Hi rbery
i have in general avoided the indian subs...Hi rbery<br />i have in general avoided the indian subs. they have horrible coporate governance like other MNCs<br />rgds<br />rohitRohit Chauhanhttps://www.blogger.com/profile/00356455735241398199noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-38147882138717332702009-09-25T20:16:05.907+05:302009-09-25T20:16:05.907+05:30Thanks Rohit for your analysis on P&G, look fo...Thanks Rohit for your analysis on P&G, look forward to the next post.:-)<br /><br />VikasVikas Ranahttps://www.blogger.com/profile/05508406035178681504noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-47972413404021059152009-09-25T08:51:01.195+05:302009-09-25T08:51:01.195+05:30Hi Rohit,
Nice analysis of an iconic company. Wh...Hi Rohit,<br /> Nice analysis of an iconic company. What are your views on P&G's listed Indian subsidiaries, PGHH and Gillette ? The oppurtunity for growth in India is immense and both these companies have been exploiting it. Would appreciate your views in case you have analysed them.<br />Thanks.rberyhttps://www.blogger.com/profile/10888900655541841233noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-60541479055176714502009-09-24T19:20:18.472+05:302009-09-24T19:20:18.472+05:30Cant wait for your next post Rohit. I am a big fan...Cant wait for your next post Rohit. I am a big fan of yours !! Please visit investologic.wordpress.com and put in your comments. <br />Best Regardsinvestologichttp://investologic.wordpress.comnoreply@blogger.com