Hi Friends,
I have been reading a book "The Little Book of Value Investing" by Christopher Browne. He has been a successful investor for decades now and he gives lot of insights into VALUE INVESTING.
These basically include buying stocks that are cheap compared to either their earning or intrinsic /asset value.
This is nothing new to what most of the Big Time investors including Warren Buffet say. Mr.Buffet specifically mentions of great buying opportunities when a good company faces an one-time massive but solvable problem. Identifying that is where the money is.In fact when "American Express" was in a similar situation only, Warren Buffet bought a huge chunk of its shares which has given him and his shareholders phenomenal profits.
I remember very clearly a similar situation in Indian market. After TATAS decided to go ahead with their Car Project, they incurred a loss of 500Cr's at one point and market was throwing away TELCO shares for as low as Rs.58/- in April 2001. In fact for a whole year from Sept 2000 to Oct 2001 the share was trading below Rs.100/- But in 6 yrs the stock has given a return of more than 1000% as it peaked last May 2006 at Rs.997/- Now all the investment analysts & fund managers are calling it a blue chip but it has given a negative return of 24.4% on a year on year basis.
I have identified few such companies which has a potential of giving huge returns in 5-6 years which I have been recommending to my paid subscribers. Write to me for more details at dailyalways@hotmail.com
Happy Investing & Have a great week end.
I have been reading a book "The Little Book of Value Investing" by Christopher Browne. He has been a successful investor for decades now and he gives lot of insights into VALUE INVESTING.
These basically include buying stocks that are cheap compared to either their earning or intrinsic /asset value.
This is nothing new to what most of the Big Time investors including Warren Buffet say. Mr.Buffet specifically mentions of great buying opportunities when a good company faces an one-time massive but solvable problem. Identifying that is where the money is.In fact when "American Express" was in a similar situation only, Warren Buffet bought a huge chunk of its shares which has given him and his shareholders phenomenal profits.
I remember very clearly a similar situation in Indian market. After TATAS decided to go ahead with their Car Project, they incurred a loss of 500Cr's at one point and market was throwing away TELCO shares for as low as Rs.58/- in April 2001. In fact for a whole year from Sept 2000 to Oct 2001 the share was trading below Rs.100/- But in 6 yrs the stock has given a return of more than 1000% as it peaked last May 2006 at Rs.997/- Now all the investment analysts & fund managers are calling it a blue chip but it has given a negative return of 24.4% on a year on year basis.
I have identified few such companies which has a potential of giving huge returns in 5-6 years which I have been recommending to my paid subscribers. Write to me for more details at dailyalways@hotmail.com
Happy Investing & Have a great week end.
posted by manipayal @ 11:45 PM
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