January 20, 2017
by calminvestor

TCI Investment Note: Persistent Systems

This is a post with a difference. For the first time on this site, I’ve tried to articulate my thesis for a specific stock. Note that this is not a recommendation to buy or sell this stock but more a … Continue reading

October 2, 2016
by calminvestor

So many stocks…So little time

This is a practitioner’s post for someone looking for help to develop their own investment process, using a freely available resource: screener.in Rule #1: Don’t f*** up The financial newspapers have a section on them everyday – top ‘Buy’ and ‘Sell’ recommendations … Continue reading

February 20, 2016
by calminvestor

The NIFTY in 2016

A little over a year ago, I published predicting Indian stock market returns based on historical analysis of the NIFTY and the CNX500. I did this with tongue firmly in cheek, given the very concept of value investing accepts inherent unpredictability of markets, especially … Continue reading

December 12, 2015
by calminvestor
1 Comment

Challenging what I “know” – Indigo Airlines

I recently broke two of my own investing rules. I invested in the recent IPO of a company, in spite of (still) firmly believing that IPO stands for Imaginary Profits Only like Benjamin Graham famously referred to them. The other … Continue reading

October 2, 2015
by calminvestor

Markets this quarter

Only three sub-indices (IT, Healthcare and Consumer Durables) ended up on Sep 30th compared to where they were on July 1st. Metals lost over 25% while Capital Goods and PSUs lost over 14%. Easily one of the worst quarters for … Continue reading

August 30, 2015
by calminvestor

What the biggest fall in six years means for Indian stock markets

So this happened this week… A single day fall of almost 6% and an 8.3% fall for the week before a partial recovery. So what does the biggest fall in six years mean for Indian stock markets? TCI is no … Continue reading

July 10, 2015
by calminvestor

China is no stranger to stock market bubbles

The on-going “excitement” about China and stock market bubbles has everyone in a tizzy. A little over a month ago, I was surprised to notice that the Shanghai composite index had doubled within a year! China Composite Index up 49% … Continue reading