Sunday, June 16, 2019

Own what you use..

All around us we hear about multibaggers in the stock market. These are those stocks which have given many fold returns to their investors over a period of time.

Infosys ( there was a program on cnbc awaaz the other day), if one had bought stock on the ipo for Rs 10k, that would have been worth 7cr today. ( i had a person staying above our house who had done this and had some 3 cr from the stock he had bought on infosys)

Starbucks if one had bought stock for $1k during ipo that would have been $250k today.

There are so many other examples here.

In hindsight of course these examples seem to be easy to spot but there is a theme..

The theme of invest in what you buy today... the onground reality.

So if you spend a lot on pizza ( we bought dominos last night for a "party"...see how pizza has become synonymous with a party here) buy jubiliant food... it is on the right track .

If healthcare spending is going bonkers... you know that stocks will rise quickly ( eg of united health group stock which has become 4× in 5 yrs).

If you see people buying gold.. buy mannapuram finance or titan..

These things are right in front of your eyes...

We just need to see and connect the dots...

Thats simplefinancialsense

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