stock market ‘investing’ recos
Hi folks, People who are investors here (not traders), where do you look for investment advice for stock picking? Like company analysis and recommendations for mid-long term for Indian stock market.
I know Capital India which does deep Analysis of companies for their paid community and releases recos. In US, there is one called ‘the motley fool’.
Any other recommendations?
Look around. If there is any product that you buy and really love, check if they are on the stock market. Read as much about them as you can online (call reports, financial statement, annual report). If you believe in the management and align with the product offering. Go for it.
2 companies I bought that have given me >50x return in a few years:
- BLS International (booked visa via them for Spain)
- RattanIndia Ent (I ordered books from Amazon and cocoblu was the seller 90% of the time. Checked the parent company, they are into EV, drone etc)
P.S. - To maximise the gains, invest decent amount like atleast 1L lower than that the absolute returns will be too minimal to enjoy.
At max you will lose 1L but you may gain 50L.
Good point. Peter Lynch advised the same in his book “One up on Wall Street”.
That’s too deep in the wood way of finding companies. This approach personally doesn’t work for me as I can’t be always ON evaluating everything I see, I much prefer being informed about a company with analysis and then left to do my own analysis and conclusion. Ready to a pay a fee but always keep looking and then go find the company and evaluate is rather inefficient for me
If you're investing in individual stocks - do your own research.
Everything else comes to you with a motive.
If you can't do your own research & analysis, investing in individual stocks is not for you. You're better off with aggregation vehicles like MF / ETF / PMS / Smallcase.
I do my own research but a specialist who can do this also and is going to be accountable for it (ie a reputable firm) is a big bonus. I get leads for vetted companies that way where I can do my own research and invest basis my conviction and risk management. Thats the idea.
To expand more, consider getting suggested a mid-cap X with vetted financials and solid macro headwinds and laid out risks. All this by a person who is a speacialist ie who knows what they are doing. Then, I take it from there for myself
What's your risk appetite
Looking for solid business with reasonable valuations. Over a portfolio, some risky but high conviction bets can be made but not all.
Thats my style
For example I have Paytm in my portfolio, bought at valuations I considered reasonable at a time when I think there are good tailwinds in the space for the company. But it is only a small % of my portfolio
