Tatva chintan- Rating downgrade
I invested in it at the peak of euphoria in chemical stocks when operating margins were highest.
Lesson Learned - Always be careful in investing in a high margin business at the peak or euphoria of the cycle .
Because of this lesson i did not invest in sahasra Electronics when it was listed with extreme euphoria.
Mistakes are part of investment , but learning should never stop.
3 AMCs with good potential, IMO:
- WhiteOak
- Helios
- Old Bridge Capital
New and small, but backed by fund managers with strong track records.
Any other AMC on your radar?
> HERO from NE India
> youtube channel with 2.4 million subscribers
> visits Kashmir after Pahalgam terrorist attack
> exposed the terrorist mentality of Kashmiri Muslims in 2 videos
> Kashmiris gave him death threats
> returns back home safely
One of the reasons why the private banks have largely been able to consistently perform well in the longer term is the stability of management.
Highest tenure served in PSUs so far is ~4years vs 26 years in pvt banks.
Stable management leads to better execution of the policies over a longer period of time.
Src ~ Ambit capital
I can bet almost 99% of India is eating fake Paneer and desi Ghee.
The best way to live in India is to manage everything in your home, whether air, water or food.