Thursday, December 11, 2014

ICICIdirect.com is bullish on Siyaram Silk Mills

and has recommended buy rating on the stock with a target price of Rs 1150, in its research report dated November 17, 2014.

http://www.moneycontrol.com/news/recommendations/buy-siyaram-silk-mills-targetrs-1150-icicidirect_1250451.html


Disclaimer: Am not an analyst. This is not a recommendation. This is not even my view. Just collating data and information of stocks I own / track.




Wednesday, December 10, 2014

Apl Apollo management meet by ICICIDirect.

Volume led growth to sustain.




Disclaimer: Am not an analyst. This is not a recommendation. This is not even my view. Just collating data and information of stocks I own / track.


Friday, December 5, 2014

The Amit Wadhwaney Lecture

Amit Wadhwaney shares his investment style to the students of MDI courtesy Prof. Sanjay Bakshi


Hats off to the gentlemen who have shared their wisdom


Interview with Rakesh Jhunjhunwala - CNBC TV18 turns 15 Investor Summit


This is a must watch video for all market enthusiasts

1 - 40 mins 
Discussion with RJ

RJ talks about the next 10-15 years outlook. The big bull is bullish than ever. He feels due to the crude price crash, inflation will come down drastically




41 - 90 mins
The FII Panel

Ridham Desai (Morgan Stanley India)

Abhay Laijawala (‎Deutsche Asset Management)
Neelkanth Mishra (Credit Suisse)
Ratnesh Kumar  (Standard Chartered)

The gentlemen Ridam, Abhay and Ratnesh are bullish on the earnings. Neelkanth feels earnings will not spurt but the PE rerating will happen. Most of the views were bullish with corrections on the way



91 - 130 mins
Vallabh Bhansali



He emphasized the man / woman behind the enterprise and that it mattered the most. He said most of the major changes are bought about by startups (RIL, Infy, Sun Pharma, Bharathi, Kishore Biyani in their earlier avatars). He spoke about the importance of 2% CSR.

131 - 190 mins
Market Masters with Ramdeo Agarwal, Manish Chokhani, Madhu Kela and Ramesh Damani. 

The gentlemen spoke about their investments being the best, worst and ugliest. Watching this video will be a great learning experience

191 - 200 mins
Interview with Raghuram Rajan RBI Governor 

Tuesday, December 2, 2014

9 Things Very Successful People Never Do


Possibly you've stopped paying attention. Or possibly you've fallen into bad habits. Or possibly you've grown complacent.

Whatever the reasons, you're now compromising, settling, or flying on unhappy autopilot.

Remarkably successful people don't compromise on their standards. They don't settle for less than what they hope to achieve. And they definitely don't put their lives on autopilot. They believe success only comes from intention and action — and so they live that way.

Here are nine things remarkably successful people never do:

1. They never let the past dictate their future.
We all have limitations. We all have challenges. We all make mistakes. The key is to not be constrained by those things but to learn from them. Easier said than done? It all depends on your perspective. Take mistakes: When something goes wrong, turn it into an opportunity to learn something you didn't know — especially about yourself. (And when something goes wrong for someone else, turn it into an opportunity to be gracious and forgiving.) Where you've been, what you've done — everything in the past is just training. Remarkably successful people believe their past should inform them but should never define them.

2. They never gossip.
It's hard to resist the inside scoop. Finding out the reasons behind someone's decisions, the motivations behind someone's actions, the skinny behind someone's hidden agenda — much less whether Hugo is really dating Jeanette in accounting — those conversations are hard to resist. Unfortunately, the person who gossips about other people is also gossiping about you. And suddenly gossip isn't so much fun. The next time you're tempted to talk about another person, think about whether you would say what you're about to say to that person. And the next time someone starts to talk about someone else, excuse yourself and walk away. Don't worry that you'll lose a gossiper's respect; anyone willing to gossip doesn't respect other people anyway. When remarkably successful people want to share the inside scoop, they just speak openly about their own thoughts and feelings. That way they're not gossiping. They're just being genuine.

3. They never say "yes" when they really mean "no."
Refusing a request from colleagues, customers, or even friends is really hard. But rarely does saying no go over as badly as you expect. Most people will understand, and if they don't, should you care too much about what they think? When you say no, you only feel bad for a few moments. When you agree to something you really don't want to do, you may feel bad for a long time — or at least as long as it takes you to do what you didn't want to do in the first place. Remarkably successful people practice saying no. They've gotten really good at saying no. They know that lets them focus on doing what they really need to do: for themselves and for other people.

4. They never interrupt.
When you interrupt someone, what you're really saying is, "I'm not thinking about what you are saying. I'm thinking about what I want to say ... and what I want to say is so important you need to hear it now." Want better professional relationships? Want better personal relationships? Listen, truly listen, to what other people say. Then ask questions to make sure you understand. Remarkably successful people already know what they think — they want to learn from what everyone else thinks.

5. They're never late (without an incredibly good reason).
I know. You're overwhelmed. So you're always running behind. It stresses you out like crazy. And it makes other people resent you like crazy. Whenever you're late, other people rightly assume you feel your time is more important than theirs. (Which, of course, kills your chance of building an outstanding personal or professional relationship.) Although you may believe you can't help it, being late is a choice. You allow yourself to be late. Remarkably successful people start the day a little day earlier. They arrive early to their first scheduled event. They don't worry that they'll waste time — they plan ahead and bring along whatever they need to use any "early" time to get a few simple things done. Then they feel a lot less stressed and as a result are more insightful, more creative, more decisive, and simply more "on" in everything they do.

6. They never resent.
Take it from Nelson Mandela: "Resentment is like drinking poison and then hoping it will kill your enemies." The same holds for bitterness. And jealousy. And dislike.  When you hold on to ill will, the only person who loses is you. Remarkably successful people put all that emotional energy into focusing not on what others have done but on what they themselves will do. 

7. They never decide they don't have the time.
Everyone knows someone who just seems to get a lot more done than other people. It's the craziest thing. How do these folks do it? They must have no life, right? Actually they have a great life: They've figured out what is important to them and they're making it happen. Figure out what's important to you. Strip away all the stuff that isn't. Then make it happen. We're all given the same amount of time. The only difference is how we use our time. Remarkably successful people use their time.

8. They never fit in (just to fit in).
Though entire industries are based on making us think otherwise, no one actually likes us for the clothes we wear, the car we drive, or the house we live in. No one likes us for our titles, either. Those are all "things," and while other people may in fact like our "things," that doesn't mean they like you. (And even if they do, that doesn't mean you like yourself.) Remarkably successful people have decided to simply be who they are. By not trying to fit in or make an artificial impression they know they might lose a bunch of acquaintances, but they know they'll also gain a few real friends.

9. They're never afraid to do the things that matter.
"The only thing we have to fear is fear itself," is true, but in some ways a better quote might be, "The only thing we have to fear is ourselves." Why? We're all afraid. We're scared of what might or might not happen. We're scared of what we can't change. We're scared of what we won't be able to do. We're scared of how others might perceive us. And that makes us hesitate, wait for the right moment, decide we need to think a little longer or do some more research or explore a few more alternatives, and days, weeks, months, and even years pass us by. And so do our dreams. Don't let your fears hold you back. Whatever you've been planning, whatever you've imagined, whatever you've dreamed of, get started on it today. If you want to start a business, take the first step. If you want to change careers, take the first step. If you want to expand or enter a new market or design new products or services, take the first step.

Remarkably successful people put their fears aside and get started. They do something. They do anything.

Remarkably successful people are often afraid, but they're most afraid of looking back and thinking, "If only I had ..."

Don't look back and think, "If only I had ..."

Monday, November 24, 2014

Little Bets - How Breakthrough Ideas Emerge from Small Discoveries


Little Bets - How Breakthrough Ideas Emerge from Small Discoveries
by Peter Sims

my Take

In my opinion this is a must read for stock market participants and / or entrepreneurs. This book also stresses upon  the fact that failures are inevitable and it is best if we learn from them. It also implies that we need to live with uncertainty.

Takeaways from the book

The routines of Chris Rock (one of the most popular comedian in the world) used in his world tours are outputs of his learning from thousands of small bets. These small bets are played out at a small comedy club near his house and most of them fail. As he performs these acts, he observes the crowd reaction and based on their reactions he develops his routine.

When Google was started , the aim was not grand and large as we see today. The founders were collaborators in Stanford digital library project, were trying to solve a very much smaller problem: how to prioritize library searches on-line.

Thomas Edison said "If I find ten thousand ways something won't work, I haven't failed. I am not discouraged, because every wrong attempt discarded is just one more step forward".

Little bets is based on the proposition that we can use a lot of little bets and certain creative methods to identify possibilities and build up to greater outcomes. We have discover, test and develop in a iterative manner.

Fundamental to this approach is that we need to:

  • Experiment: Learn by doing. Fail quickly to learn fast. Prototype.
  • Play: Have an atmosphere where creative ideas are not snuffed out or  prematurely judged.
  • Immerse: Take time to get out into the world to gather fresh ideas and insights
  • Define: Use insights gathered throughout the process to define specific problems and needs before solving them
  • Reorient: Be flexible in pursuit of larger goals and make use of wins to pivot and chart the course to completion
  • Iterate: Repeat, refine and test frequently

Big bets vs Small bets
Small bets enables us to focus on what we can afford to lose than make assumptions on how much we can expect to gain.

Failures are inevitable and instrumentals in the process of achieving goals. 

The Growth Mind-set
Michael Jordan did not start out as one of the greatest players in basketball. He exerted enormous effort to reach that level, and after attaining that level he worked even harder.In the first four NBA seasons Jordan's three-point range shooting was 18% and when he ended his 13 year career, the average was 33%.


Failing quickly to learn fast
In a world that prizes answers and solutions, protyping can be somewhat counterintuitive, placing the emphasis on doing to be able to think rather than thinking in order to do so. Discovery doesn't happen in a vaccum, which is why doing things, however imperfectly at first, opens us up creatively.

The Genius of Play
Creating an atmosphere that allows for playfulness and improvisation is one of the most effective ways to inspire the experimentation that leads to the best ideas and insights.

Problems are the new solutions
Creative people use constraints to limit their focus and isolate a set of problems that need to be solved

Questions are the new answers
One of the best ways to identify creative insights and develop ideas is to throw out the theory and experience things first-hand. We can't even know what questions to ask until we reach beyond what is already known through a true process of discovery: carefully exploring, observing, and listening to uncover what is hidden from the naked eye from the bottum up. In doing so, we must go deep, we must go wide, and we must stay focussed.

Learning a little from a lot
Innovators routinely networked with people who came from different backgrounds. It's a way to challenge one's assumptions and gain broader insight.

The Medici Effect, builds on major pillars of pscyhology research to demonstrate how diverse teams are more likely to be innovative.

Learning a lot from a little
Seeking out a small group of these active users with little bets is an astute way to tap into unique insights and desires.


The Roger S Curve
Diffusion is defined as the communication process by which a new idea or new product is accepted by the market, while the rate of diffusion is defined as the speed that the new idea spreads from one consumer to the next. Adoption, similar to diffusion, also deals with the psychological decision making processes of the individual, rather than those of an aggregate market.

Rogers showed that a diffusion process in a social system follows an S-Curve in which the adoption of a technology begins with slow change, is followed by rapid change and ends in slow change as the product matures or new technologies emerge



The people we essential want to learn and interact are the early adopters and the lead users

Small Wins
Small wins can either confirm that we're heading in the right direction or they can act as pivotpoints, telling us to change course.

Pixar was essentially a hardware company. The team executed some small animations and convinced the skeptical Steve Jobs through their small wins. Then Pixar transformed the animation / movie business.