Writing after a long time on this blog.
Have learnt quite a few things, but the most recent thing is interesting.
Was going to increase a position size in one of my companies, and then read Confessions of a Value investor - Sanjay Bakshi, and something else by him where he says that some investors have the ability to increase their concentrations, but there is no need to.
Have learnt quite a few things, but the most recent thing is interesting.
Was going to increase a position size in one of my companies, and then read Confessions of a Value investor - Sanjay Bakshi, and something else by him where he says that some investors have the ability to increase their concentrations, but there is no need to.
- Just because that company is available, doesnt mean that you keep buying into it.
- There are many things that can go wrong with it even at this price of 3-4 PE; electric motors, oil prices, supply chain block
- Focus attention elsewhere
- Can always find another company in due time.
- Am getting too greedy
