tag:blogger.com,1999:blog-7004453.post8415075760925624692..comments2023-09-02T19:53:06.144+05:30Comments on Understanding and applying value investing principles: A statistical analysis of failuresRohit Chauhanhttp://www.blogger.com/profile/00356455735241398199noreply@blogger.comBlogger12125tag:blogger.com,1999:blog-7004453.post-5904837460130900412017-01-20T21:30:11.141+05:302017-01-20T21:30:11.141+05:30thanks sanjay
regards
rohitthanks sanjay<br /><br />regards<br />rohitRohit Chauhanhttps://www.blogger.com/profile/00356455735241398199noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-71373534539480020932017-01-19T08:12:11.345+05:302017-01-19T08:12:11.345+05:30A fantastic post Rohit. Am sharing it with my stud...A fantastic post Rohit. Am sharing it with my students at MDI.Anonymoushttps://www.blogger.com/profile/07563957544538636367noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-76474224525881103982016-07-21T15:42:21.466+05:302016-07-21T15:42:21.466+05:30Hi Rohit,
excellent post and good analysis. This p...Hi Rohit,<br />excellent post and good analysis. This proves that what actually matters is not how many times you are right or wrong but how much money you make when you are right and how much money you lose when you are wrong.<br />Good one. Keep them coming.Yogeshhttps://www.blogger.com/profile/13980570555452053140noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-10137191273927035522016-07-16T10:57:10.561+05:302016-07-16T10:57:10.561+05:30One hell of a topic Rohit, so very important.
Thi...One hell of a topic Rohit, so very important.<br /><br />This is the first time (at least in my experience) that somebody talked about this aspect and conclusions as a result.<br /><br />I don't know about 90-100% hit rate but I did expect 70-80% for an Ace investor..:-)<br /><br /><br />Loved when you said "although I had some vague idea of what to expect, the actual results were still surprising." :-)<br /><br />This one needs to be framed and put on the wall..one of those "Best Memos from Rohit Chauhan".<br /><br />Thanks,<br /><br />Vikas<br /><br />Vikas Ranahttps://www.blogger.com/profile/05508406035178681504noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-15520670011499496432016-07-11T11:48:49.107+05:302016-07-11T11:48:49.107+05:30You talked about cyclicals. I see cyclicals can pa...You talked about cyclicals. I see cyclicals can pay big and quick. Examples I saw was Sugar and Airlines. SpiceJet came and gone but no profit to me. Made some in sugars. <br />So, I learnt that nothing is fixed in stock market and those which never paid can pay. But as you noted that knowing the cycle can be good as long term player. I don't know about that but decided to play the momentum if it pass by in cyclicals. <br /><br />Thanks for sharing. Satyahttps://www.blogger.com/profile/12968338289991194501noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-89249500908572737062016-07-06T12:00:29.916+05:302016-07-06T12:00:29.916+05:30Hi Rohit,
It is amazing how different world's...Hi Rohit,<br /><br />It is amazing how different world's have synergies. I am a trend follower and what you wrote in your excellent blog is essentially the core lesson of trend following. In-fact some of best trend following billionaires have a hit rate of 28%. It boils down to position sizing (Van tharp) and cuting your losses and riding your winners. <br /><br />On a lighter note, please find attached a Song by my Guru (like WB for u may b)<br /><br />http://www.seykota.com/tribe/essentials/index.htm<br /><br />Cheers!!<br /><br />Manish Dhawan.<br />@mysticwealth11Manish Dhawanhttp://www.mysticwealth.innoreply@blogger.comtag:blogger.com,1999:blog-7004453.post-45285506636767311662016-07-05T00:43:18.613+05:302016-07-05T00:43:18.613+05:30Hi Rohit,
Thank you for the insights.
I wanted t...Hi Rohit,<br /><br />Thank you for the insights.<br /><br />I wanted to perform the same analysis on my portfolio. Could you please let me know how did you calculate the CAGR to stocks that you held for lesser than 5 years. how did you annualise the returns?Anonymoushttps://www.blogger.com/profile/08574844234947372057noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-35902751751306840952016-07-04T22:00:01.839+05:302016-07-04T22:00:01.839+05:30Hi Rohit, the book The Art of Execution by Lee Fre...Hi Rohit, the book The Art of Execution by Lee Freeman-Shor has an excellent analysis of this topic as well. Well worth a read.<br /><br />Regards,<br />VivekVivek Chaturvedihttps://www.blogger.com/profile/15570481199424880716noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-74104655179306978072016-07-04T20:34:36.595+05:302016-07-04T20:34:36.595+05:30Good read...hope we can also achive the same succe...Good read...hope we can also achive the same success rateAmithttps://www.blogger.com/profile/05129372876378683667noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-56441573737504171722016-07-04T17:50:22.012+05:302016-07-04T17:50:22.012+05:30Where do you keep cash until you see a buy opportu...Where do you keep cash until you see a buy opportunity? In bank savings, deposits or liquid funds?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7004453.post-21791026692916405422016-07-04T06:35:58.519+05:302016-07-04T06:35:58.519+05:30Hi Rohit,
Excellent post. While reading the post,...Hi Rohit,<br /><br />Excellent post. While reading the post, here are few points that came to my associative brain.<br /><br />1. According to Peter Lynch, six out of ten winners in a portfolio can produce a satisfying result. This translates to a 60 percent success rate of picking a winner. And it's not very far from your success rate. So the only way to achieve superior performance is to let your winners run.<br /><br />2. Majority of the investors wouldn't be able to hold on to their winners. One has to blame evolution for that and I wrote about the reasons why we sell winners early and hold on to losers - https://goo.gl/1Ktp5j. If I become an investment advisor then I would tell 99 percent of the investors to index. Achieving 13 percent from an index is a lot as long term gains are not taxed in India.<br /><br />3. Capital Returns [http://goo.gl/zm6Uei] is an excellent book which talks about business cycles and capex booms.<br /><br />Regards,<br />JanaAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7004453.post-20233874858580530992016-07-04T02:58:42.202+05:302016-07-04T02:58:42.202+05:30Brilliant! Rohit, you continue to churn out posts ...Brilliant! Rohit, you continue to churn out posts which carry a lot of wisdom and are a delight to read. <br /><br />It takes a lot of courage to do such an analysis. With online portals, most people would have data to effortlessly do such an analysis. But it's terrifying to stand in front of the mirror and face your mistakes. You have encouraged me to do my own statistical analysis. mkdnoreply@blogger.com