@TheBetterInvestor - the way you explain with simplicity & clarity is amazing. Have you stopped reading since 2 years now? Wish you can get back to reading & making such knowledgeable content again!
I have read a lot in this time, but its just that I am preparing for CFA level 2 with a job along with some family commitments, so I am not getting much time. I hope to start making videos again. Thanks for your appreciation.
I agree with your presentation but if you have thought 💭 in this way you would have lost Page industry ,Hul,Titan,Eicher motors,Astral pipes they have always demanded high PE it’s not price it’s about growth if growth is to be continuous then even if you have bought these shares on 52 week high of any year you would have been sitting on excellent profits 😊
@@kushalkapoor283 Hi Kushal, its heartning to see you respond to the video. I think your comment is regarding my comparison of Castrol and Tidewater Oil. I have never mentioned that buying at a 52 week high is wrong or right. There are few points I would like to drive down, first, the odds of you making big returns increases the cheaper you buy a business. Buying Page Industries in 2010 when it was trading at 20-25 times earnings when its growth rate was north of 30 percent is very different from buying Page Industries or Asian Paints at 80-90 times earnings with a growth rate of 10 to 15 percent. The difference is that in the former case you could earn more than 20 percent returns over long period which people have done, and what we see in hindsight, and in the latter case you would earn 7-8 percent. Nothing wrong in any of the way. Untill your behaviour does not make you sell these stocks if they do not do anything for next 10 years.
And yes the runway of the business is extremely important if your holding period is like buffett- forever. The whole idea is not involving yourself in a herd behavior. And so what if you would have missed HUL, Astral, Eicher etc. There are superinvestors who have made it big without owning these stocks too.
Dude let's be honest, I think about that castrole example today, what a coincidence 😁😀😀😀 and i really like your channel hope you get more and more subscribers and views
Nice video, I read the whole book few days back and you correctly mentioned most of the points from that book. One of the underrated book what I feel & endorse every investor to read it.
Problem of our is we just jump on PE or other ratio & miss growth which is actually difficult to predict if we deploy our energy on forecasting growth then entry price of stock won’t b a barrier & multifolds returns can be generated & other will Jst calculate PE & PB
I agree with you kushal, Instead of focusing on few ratios, one must invest most of the time in understanding the business, reading last 10 years annual reports, All the concalls, reading all the brokerage reports, reading the credit ratings, watching all the interviews of the management, reading transcript of the concalls, visiting the factories, plants, trying to ask question to the investor relation team. Once you do all the due dilligence, if you feel that what you are paying for the business is much much less then what you will get out of the business few years forward, you should buy it. But I would repeat the last line again " if you feel that what you are paying for the business is much much less then what you will get out of the business few years forward, you should buy it"
And these are what I learnt from the book, these are less of my opinion. Also check out my video "investing for growth by Terry Smith" I think you will like it.
@@TheBetterInvestor luved the content request you to share some more information ℹ️ if you learn something new as I’m interested in this & I keep learning & executing as well in my investments
Lol, after your created this video, people showed middle finger to tide water company 😂, it was down to 856 in a matter of time. It's really impossible to track stock market.
The company split its stock in 5 is to 2 and also gave bonus shares for 1 is to 1,current price of its stock is almost 2x from the time the video was made adjusting for split and if you include bonus, it would be much more.
@TheBetterInvestor - the way you explain with simplicity & clarity is amazing. Have you stopped reading since 2 years now?
Wish you can get back to reading & making such knowledgeable content again!
I have read a lot in this time, but its just that I am preparing for CFA level 2 with a job along with some family commitments, so I am not getting much time. I hope to start making videos again. Thanks for your appreciation.
@@TheBetterInvestor oh I understand now. Best luck for CA exams!
Excellent !! Plz post new video
I am preparing for CFA level 2. I will post it soon. Share the channel and videos. CHeers!
@@TheBetterInvestor ok great,. best of luck ,!!
Great Insight
Nice way you have explained
Glad you liked it
I agree with your presentation but if you have thought 💭 in this way you would have lost Page industry ,Hul,Titan,Eicher motors,Astral pipes they have always demanded high PE it’s not price it’s about growth if growth is to be continuous then even if you have bought these shares on 52 week high of any year you would have been sitting on excellent profits 😊
Asian paints ,Berger Paints
@@kushalkapoor283 Hi Kushal, its heartning to see you respond to the video. I think your comment is regarding my comparison of Castrol and Tidewater Oil. I have never mentioned that buying at a 52 week high is wrong or right. There are few points I would like to drive down, first, the odds of you making big returns increases the cheaper you buy a business. Buying Page Industries in 2010 when it was trading at 20-25 times earnings when its growth rate was north of 30 percent is very different from buying Page Industries or Asian Paints at 80-90 times earnings with a growth rate of 10 to 15 percent. The difference is that in the former case you could earn more than 20 percent returns over long period which people have done, and what we see in hindsight, and in the latter case you would earn 7-8 percent. Nothing wrong in any of the way. Untill your behaviour does not make you sell these stocks if they do not do anything for next 10 years.
And yes the runway of the business is extremely important if your holding period is like buffett- forever. The whole idea is not involving yourself in a herd behavior. And so what if you would have missed HUL, Astral, Eicher etc. There are superinvestors who have made it big without owning these stocks too.
Buying silver at the price of gold could be a dumb thing to do
@@TheBetterInvestor Well !! I got my answer but definitely luved your presentation ❤️Eagerly waiting for more such videos !!
Dude
let's be honest,
I think about that castrole example today, what a coincidence 😁😀😀😀 and i really like your channel hope you get more and more subscribers and views
Welcome aboard!
Excellent presentation on the topic - Appreciate your time and efforts - Thanks
thankyou srini. means a lot
Nice video, I read the whole book few days back and you correctly mentioned most of the points from that book. One of the underrated book what I feel & endorse every investor to read it.
Well said!
Thanks too good
Most welcome
Superb bro 😀
Great work 👌👍big brother 🙏very nice
Thank you Amit! It means a lot.
Most 🙏welcome 🙏brother 😊😊
Please upload next videos on Christopher meyer's 100 beggars book..
Keep up the good work, Thank you for great content
Thanks for watching!
Thank you for your time and efforts🔥
My pleasure!
Problem of our is we just jump on PE or other ratio & miss growth which is actually difficult to predict if we deploy our energy on forecasting growth then entry price of stock won’t b a barrier & multifolds returns can be generated & other will Jst calculate PE & PB
I agree with you kushal, Instead of focusing on few ratios, one must invest most of the time in understanding the business, reading last 10 years annual reports, All the concalls, reading all the brokerage reports, reading the credit ratings, watching all the interviews of the management, reading transcript of the concalls, visiting the factories, plants, trying to ask question to the investor relation team. Once you do all the due dilligence, if you feel that what you are paying for the business is much much less then what you will get out of the business few years forward, you should buy it. But I would repeat the last line again " if you feel that what you are paying for the business is much much less then what you will get out of the business few years forward, you should buy it"
And these are what I learnt from the book, these are less of my opinion. Also check out my video "investing for growth by Terry Smith" I think you will like it.
@@TheBetterInvestor luved the content request you to share some more information ℹ️ if you learn something new as I’m interested in this & I keep learning & executing as well in my investments
Lol, after your created this video, people showed middle finger to tide water company 😂, it was down to 856 in a matter of time.
It's really impossible to track stock market.
I think right now its at some 1400 bucks
The company split its stock in 5 is to 2 and also gave bonus shares for 1 is to 1,current price of its stock is almost 2x from the time the video was made adjusting for split and if you include bonus, it would be much more.
Please avoid background music.
Got it. Thanks for feedback
Should I buy this book
yes
But lic and delivery all new ipos coming in bear market getting oversubscribed but may due to lack of retail invester knowledge
Very valuable content. Thanks.
Thank you Iahiru! Do subscribe for more. Cheers!
The Swedish Investor
Yeah inspired by him
Plz suggest
Yes you can, its a good book to read. Also you can hear many lectures of Late Mr Parag parikh on youtube