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My Mistakes – Good business, unknown management (CARE Ratings)
My Mistakes – Good business, unknown management Moody’s is one of Buffett’s successful investments. Credit Rating is a good business, but I didn’t know much about the management. I overestimated CARE Ratings without knowing the management. My opinion was wrong on CARE. CARE may work in the future, but I don’t want to back unknown Continue reading
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My Notes – 2016 BRK Letter
My Notes – CNBC interview with Warren Buffett: – American dynamism my theme for decades – US always comes back and wins – I don’t know anyone who can time markets – People should buy stock consistently over time – Interest rates act like a gravity on valuation – We are not in a bubble Continue reading
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Why did Buffett buy Apple?
Following is the transcript of a CNBC interview with Warren Buffett on CNBC: – I ask people about products all the time. – What do you do with iPhone and how? – Could you live without it? – When you trade it in what you’re gonna do with it? – It’s a consumer product. – Continue reading
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Market Leader – InterGlobe Aviation Ltd
InterGlobe Aviation Ltd (IndiGo) is the leader in the Indian domestic airlines industry with a market share of 42.6% in 2016. Indigo serves 36 destinations across India and 5 international destinations in Southeast Asia and the Middle East. The company has 109 aircrafts and employs over 12,360 professionals across regions. Key Facts: – Indigo adopted Continue reading
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Tata Elxsi – A niche software company
Tata Elxsi Limited (TEL) is a niche software design company. The company’s core services include Embedded Product Design (EPD), Industrial Design and Visual Computing Labs. TEL provides services to sectors such as automotive, broadcasting, communications, consumer products, defence, healthcare, media & entertainment and semiconductor. It has 4452 employees across India, USA, Europe, Japan and Malaysia. Continue reading
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CPVC Pipes – Astral Poly Technik Ltd
Astral Poly Technik Ltd (APTL) is engaged in manufacturing CPVC (Chlorinated polyvinyl chloride) and PVC pipes/plumping systems for residential and industrial applications. APTL was established in 1999 to manufacture plumbing and drainage systems in India. It has 3 manufacturing plants at Santej, Dholka and Hosur. Key Facts: – Organized players accounting for 65% of the Continue reading
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Market Leader – Diageo India
United Spirits Ltd (USL), a group company of Britan’s Diageo Plc, is the largest Indian spirits company involved in the manufacture, sale and distribution of beverage alcohol. USL produces and sells around 120 million cases of Scotch whisky, IMFL whisky, brandy, rum, vodka, gin and wine. It has 88 manufacturing facilities across 23 states in Continue reading
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Market Leader – Triveni Turbine Ltd
Triveni Turbine Ltd (TTL) is a leading manufacturer of steam turbines up to 30MW range for providing industrial and renewable power solutions. It also offers servicing, operation and maintenance of steam turbines. Key Facts: – Market leader in India with around 60% market share for a decade – The domestic steam turbine market is a duopoly Continue reading
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Advice # 1 – Location, Location, Location
Lemons to Lemonade is the first webisode of the secret millionaires club. Brittany, Elena’s friend, has difficulty selling her lemonade in her stand. While analyzing the business, Mr. Buffett reveals some of the criteria for a successful retail business – Quality, Cost, Competition and Demand for the product. After going through the criteria, they realized Continue reading
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IPO – ICICI Prudential Life
ICICI Prudential Life Insurance, is one of the leading private life insurance companies in India. The company is a joint venture between ICICI Bank and UK-based Prudential. It offers a range of life insurance, health insurance and pension products. ICICI Bank will sell 12.65% stake through this IPO, and aims to raise Rs 6,057 crore Continue reading
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Coromandel International (Murugappa Group)
Coromandel International (CORO), is the second largest fertilizer company in India. The company’s business segments include Fertilizers, Specialty Nutrients, Crop Protection and Retail. It has 3900 employees across India. It is part of the Rs 30,000 crore Murugappa Group. Fertilizers: – CORO earns 84% of its revenues and 64% of its EBITDA from fertilizer (subsidy) Continue reading
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Ten Common Mistakes
Mistake # 1: Buying the wrong stocks at the wrong price According to Buffett, there’s only two things common investors can do wrong: 1) They can buy the wrong ones, and 2) They can buy or sell them at the wrong time. How to avoid it: 1) Find high quality stocks 2) Find the reasonable Continue reading
My Value Picks
Building habits to create a new identity as a passive investor. Get 1% better everyday. Mostly inactive on markets.
My Value Picks 