Madhu Kela's five biggest bets weren't businesses you'd ever want to marry.
- Jindal Steel, 2003: an unloved cyclical. Market cap ran ~40x in six years.
- Adani Enterprises, 2006: a trading firm, long before the conglomerate.
- SpiceJet: an airline, in a sector that burns cash.
- Radico Khaitan: a debt-laden distiller the market ignored. 15x on the money.
- Pantaloon: over-leveraged retail. 5x, then Kishore Biyani's Future Group went to insolvency.
One of the five later went bankrupt, another nearly did. The returns came from buying when the business was cheap and unloved and exiting before fundamentals turned, not from holding to ₹10,000.
So marry the business if you must, but know your grounds for divorce: when the re-rating is done, and the price already carries your thesis, or when the reason you bought no longer holds.
Retail gets both wrong. It clings to losers and sells winners at ₹20.
"My earliest multibagger was Vysya Bank. In 1991, we invested in Vysya bank at Rs 20-25 with a total investment of around Rs. 8-10 Lakhs."
"In next 2 years, it went from Rs. 25 to Rs. 2500. Then we realised that real money could be made in stock market."
- Ramdeo Agarwal
“I bought BHEL at Rs. 18 and sold at 1,200 in 2007. Bought BEML at Rs. 30 and sold at Rs. 1,200. I made some of my biggest wealth in PSU companies.”
“But MTNL made me suffer huge losses even though it was a monopoly in Bombay and Delhi.”
- Rakesh Jhunjhunwala. 2016
Foreigners are buying Hospital Chains in India, like there is no tomorrow.
Foreigners have full belief that food quality in India is worst.
Everything is adulterated.
Cancer ♋ sign is under Paap Kartari Yoga now.
Guru, Surya and Buddh are in Kark rasi.
It will put the house under stress where Cancer falls in your chart.
Emotional distress, destruction through rain, Chest / Lung issues will be felt.
Kark rasi natives will be under duress now.
Be aware of infections, food contamination and psychological impact of eclipses in August.
Peter Lynch: "You make more money on the upside. The market is going to be a lot higher ten years from now, twenty years from now, thirty years from now."
"Over the long term, the upside is more than the downside."
"If you can keep putting money in ... you should do well."
Mr. Janak Mathuradas family has owned Tata company shares since past 120 years. 🔥
“4 shares I would like to pass onto my grandkids are: Tata power, Tata Motors, Tata Steel and fourth is Hindustan Unilever.”
“Our cost is zero in these stocks and we always go for dividend yield. We’re not looking to sell some shares and make money.”
Strong conviction on Tata companies 👏🏻
सिर्फ 2 मिनट में घर बैठे बनाएं नया आयुष्मान कार्ड | बिल्कुल FREE!
अब घर बैठे सिर्फ 2 मिनट में अपना आयुष्मान भारत कार्ड बनाएं। इस वीडियो में पूरी प्रक्रिया स्टेप-बाय-स्टेप दिखाई गई है। अगर आपका नाम पात्रता सूची में है, तो आप आसानी से अपना आयुष्मान कार्ड डाउनलोड या बना सकते हैं और ₹5 लाख तक के मुफ्त इलाज का लाभ ले सकते हैं।
नोट: योजना की पात्रता और उपलब्धता राज्य व सरकारी नियमों के अनुसार अलग हो सकती है।
#AyushmanCard
Your luck remains inactive until you do actions in alignment with 9th Lord.
The house occupied by your 9th Lord shows where your luck waits for your participation.
🗣️ 9L in 3H: Fortune grows through your writing, courage and consistent effort.
🎨 9L in 5H: Fortune grows through your education, creativity and wise decisions.
💍 9L in 7H: Fortune may arrive through your partners, clients or public interaction.
🧑💼 9L in 10H: Fortune supports your career, authority and meaningful work.
“In my whole life, I’ve never succeeded much in what I wasn’t interested in. So I don’t think you're going to succeed if what you’re doing all day doesn’t interest you."
— Charlie Munger