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A Lion’s eye on the Bulls and Bears

“In India, companies may fall sick, but promoters rarely do!”

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A PSU Banker and workshop participant of three years before calls this Diwali…touching

Was really touched this morning…. received a call on my mobile from a PSU Banker who introduced himself as being a participant on one of my BSE Training workshops three years ago

…he was unaware of this blog and had called to inquire if he could attend any more of my Equity workshops as he had benefited immensely the last time around as I concentrate only on Fundamentals and concepts that remain true over time when discussing Stock ideas during valuation exercises

…he said I had also rewarded him with some books because he had solved some teasers and interacted well…..his Bank too had benefited as he had recommended Great Eastern Shipping for the Bank’s Portfolio after we had broken up this company into Shipping and Offshore verticals to value it….said the bank made Rs 80 lakhs profit on this ! because of his recommendation and based on the discussion in class that build up his confidence and conviction in the scrip….we plan to meet soon to explore if we can translate this into a professional advisory and training relationship

…..really touched by his call….Training and sharing whatever knowledge is a passion…and such calls makes it all the more worth it…in fact just recently finished sessions over three days to Income Tax Commissioners from all over India….this was the fourth occassion in two years that I have been invited to inaugurate and close the three days Equity sessions with them…..the Chief called me into his room  to put on record his appreciation….felt the effort was worth it…felt warm…you know how Income Tax Commissioners are so difficult to please !

Of course the common query remains “Which Stocks ?”…I have sounded a warning that if my recommendations go wrong,then my email is wrong !

Cheers !


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