Image Credit: Markus Spiske on Unsplash

Stocks We’re Watching

This is the 2nd post in our quarterly result update series for Q2FY21.

In this post, we’re sharing the latest updates of the stocks from our watchlist. Please don’t treat this as a buy recommendation. We find these businesses interesting and we may build position (or buy more of those that are already in our portfolio) in them in the future. The purpose of this post is to bring clarity to our understanding of the businesses we are tracking.  We make our notes on the quarterly results and conference calls. Putting it up here makes it easier for us to refer them at a future date.

You can see the earlier updates here.

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Image Credit: Markus Spiske on Unsplash

Stocks We’re Watching

This is the 1st post in our quarterly result update series for Q2FY21.

In this post, we’re sharing the latest updates of the stocks from our watchlist. Please don’t treat this as a buy recommendation. We find these businesses interesting and we may build position (or buy more of those that are already in our portfolio) in them in the future. The purpose of this post is to bring clarity to our understanding of the businesses we are tracking.  We make our notes on the quarterly results and conference calls. Putting it up here makes it easier for us to refer them at a future date.

You can see the earlier updates here.

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When VIP Industries Met Murphy’s Law

Murphy’s Law says “Anything that can go wrong will go wrong“.

Today, the management of VIP Industries would probably agree to it more than anyone.

We have extensively covered (here and here) the progress of VIP Industries over the last seven quarters.

Recently, COVID-19 has led to many ugly surprises for VIP that no one could have envisaged.

And that reminds me of this quote by Robert Rubin:

Condoms aren’t completely safe. My friend was wearing one and he got hit by a bus.

Risks often play out in the most unanticipated ways.

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“Say: Do” Ratio- A Reliable Metric to Assess Management of Businesses

“I will call you on the weekend.”

“Let’s have lunch sometime.”

“I will follow up tomorrow”.

“I am really busy at the moment but would definitely check the mail in the evening and revert”.

We often make these statements all day long to people around us. Do we really check later if we actually perform those tasks as said?

Let’s be honest. Most often, we don’t.

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7 Big Learning from The Intelligent Fanatics of India

Diwali, in India, is a very good occasion to spend some quality time with friends and family and take a break from work. I spent a part of that time with some very old friends of mine.

Friends, whom I haven’t met for a long time.

Books!

Yes, I had been feeling guilty of not reading books for a long time.

Hence, picking up a few books and going through them during the Diwali break of 2019 was a refreshing way to get back among old friends!!.

Intelligent Fanatics of India, co-authored by Rohith Potti and Puja Bhulla, was one such book. Read More

Kya UTI AMC Sahi Hai? Read the offer document carefully

I started working sometime in the year 2005.

When friends or colleagues used to meet, our topics of discussions would invariably include the following:

Entertainment

Mobile Phones

Sports

Occasionally Politics

Investing groups were small and not very popular. They remained within themselves doing the hard work.  They never liked marketing about themselves.

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What Debt means- To Businesses and to Investors who have stock screeners as their primary stock search tool

Ask any successful long term investor about what he/she looks in a business. A majority would list at least half a dozen key characteristics like:

 

I have not come up with something new or unique here.

Instead, in this post, I will just pick one of the above characteristics and go deep.

And I pick Debt for this post.

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The Low Hanging Fruits of Sensible Investing

In 2018, over eight lakh people died of cancer in India. Disturbing but not shocking. What’s shocking is that if you visit the Tata Memorial cancer hospital, you will find the longest queue in the lung cancer department. Numbers attest to this observation. According to figures published on Cancerindia.org.in, close to 40 % of all cancer deaths were accounted for by tobacco use (smoked and smokeless).

The reason I call this statistic shocking is that 90 % of lung cancer cases are preventable. The biggest impact solution in cancer research isn’t about finding a cure for the disease but discovering a method that can convince people to quit smoking.

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