The answer to the question is more people are buying stocks than people who are selling in the Indian Stock Market. Following the principle of supply and demand, the supply of stocks is lower than the demand. So there are more buyers than sellers. But, I know you already know all this. What you want … Read more
I opened an Espresso account last Friday ( or maybe it was Thursday, not important). It was fairly easy and did not take more than 30 minutes. It took, valid cell number, valid email address, Aadhaar card ( as address proof), PAN card. Remember you will need to scan your Pan card and Aadhaar card, … Read more
After March 2020, I changed my investing approach. And to be honest, my returns ( in terms of capital appreciation) has been better. If you read other posts in my blog, you will notice I always talk abut the business being solid. And during pandemic I realized many businesses are vulnerable. They survived well because … Read more
Different businesses come with different moats. Some have brands, some have patents, some have toll roads like a moat, and another type of moat is the network effect. This is still a mystery to me. But, Microsoft, Facebook, Twitter, TikTok, etc social networking companies do have a networking moat.I will try to give you some … Read more
On March 22, 2020, we witnessed the bottom in stock market. At least in India and USA. I do not track other markets closely enough to comment on them. While the economy in India is barely walking at best, why is the stock market running? Isn’t stock market supposed to reflect economy? What does the … Read more
The tobacco giant sells 80% of legal cigarettes in India. When compared with British Tobacco or Altria Group, they have better brands and more products of course, and they are present in more countries than ITC. Anyway, while cigarettes volumes are going down and hopefully that is a good thing for society in long term, … Read more
I am an ITC shareholder. And I have been increasing my holding for the last 3 years. On 26th June 2020, ITC declared a 10.15 rs dividend for the year 2019-2020. And I noticed there was a group of cheerleaders who came into action. ITC proudly declared that their PAT has grown etc. I do … Read more
While the economy remains on a ventilator, we will still need a few companies. Many people will lose their job. So, they will spend less money. Like, they will probably not visit restaurants so often, or buy a car anytime soon. But they will still consume data on their phone, or watch movies on Netflix. They will keep gas or electric running. They will make trips to the grocery stores for grocery stores, Walmart or Costco. You need to find these companies, and invest in those with a zero-commission brokerage account like Robinhood.
Let me start with a disclaimer, I have ONGC stocks and my family members do too. I recently purchased ONGC after selling my shares in NHPC. Anyway, at the current price, I have around 10% notional loss on ONGC, and the current price is right above 100rs a share in NSE. Indian Government owns this … Read more
I have mentioned before that I opened my first brokerage account in 2008, right after I got my first full-time job. And I had no idea about value investing or any other sort of investing. The first stock I wanted to buy was DLF, it was around 800 rs and Unitech, which is almost nonexistent … Read more
