October 20, 2011

HDIL stock is a value investment stock

Housing Development & Infrastructure Limited at it's current price [95] is selling in huge discount from it's intrinsic. I have analyzed this stock using Benjamin Graham's value investing analysis. I calculated the intrinsic value of the stock as 206 per share. So, this share is selling in more than 50% margin of safety from it's intrinsic value. Are you considering to buy this? :) . Risk is yours. :) .

3 tips for professional success

Recently I was thinking about how I can work more professionally in my company. There are lots of hectic works I need to do every day. There are the phone calls, daily, weekly meetings . All these things distracts and some times I lose my concentration on proper professionalism. To avoid this scenario recently I tried to follow three simple principles to remind myself to follow the correct atitude in office every time.


Every day while opening my laptop in office I remind myself these three simple principles I need to follow all the time during office. And I was doing that for last two months. And I think just reminding myself every morning my professionalism has improved a lot.

1. Serious Work

2. Good attitude [No anger,good behavior, maturity]

3. only necessary talk or No gossip





Let me explain the above things in my own way.


1. Serious work
Everyday I remind myself I'll do only jobs in my work time. I'll not engage myself in internet browsing timepass, check stock market. I'll not do or try to avoid personal work like ticket booking, bank account check etc. I'll do only office work in office. If there is no work in my to do list, I'll engage myself to learn something related to office work.


2. Good attitude
The most important thing is not to lose my temper in any of the situation. I remind myself to behave properly and another important thing is that behaving like a mature man. Emotions and immature behavior can earn you quick success. But, in the long run it is most harmful. Keep a smile all the time in your face.


3. Only necessary talk
That means just open my mouth only for definite purposes. Never ever talk something in office that is out of context. Try to avoid the office gossips. If you have to try to keep your mouth shut other than definite reason. May be this looks like a bit cruel things to do but in the long run I have seen its success. Senior management only likes the guy with definite agenda while speaking. Also you can try to be a bit soft spoken.

A joke on friendship

Read this little piece about friendship. :) [In hindi].







Result agar acha ho:

Teacher- Hoshiyar bacha hai

Maa-Bhagwan ki kripa hai

Papa-Beta kiska hai

DOST-Chal daaru pite hai

  
*************

  
Result agar bura ho:

Teacher-Padhai mein dhyan hi nahi

Maa-Aag lage is mobile mein

Papa-Laad pyar ne bigaad diya

Dost-Chal daaru pite hain

  ***************

B'day par

Maa-Jug jug jiye mera beta

Papa-Hamesha age bade

DOST-Chal daaru pite hain

*****************

Love me fail hone par


Maa-Beta bhul ja usko


Papa-Mard ban


DOST-Chal daaru pite hain

MORAL OF STORY - Duniya badal jati hai but DOST kabhi nahi badalte..


The Intelligent Investor

Still my all the interest has been taken by Mr. Benjamin Graham. I am just amazed by his wisdom. From a site 3 months back I have downloaded his famous book "The Intelligent Investor". Previously I always thought that "Stock Market Investing is a black magic". The price moves in random  fashion with market sentiment. I was investing in stock from the early part of the 2008. So, I have a bit idea [not much] on how this market works and price fluctuates. But, after reading a few chapters from this book, has just hit me so hard with new ideas, I started to read every chapter repeatedly. Every time I read a chapter, it was giving me different ideas. That's the beauty of this master piece by Benjamin Graham. He is very much generous in his writing also. While I was reading this book I thought "By far it is the best book I have ever read".

It has not attacked any ongoing technique of stock market evaluating directly. But, it has shown with relevant data when the "technical analysis", "formula investment", "buy low, sell high", "speculation" was successful and when not. And what should be strategy for long term investing. Also, for more enthusiastic short term investor, it has given the concept of value investing or "buying stocks below its intrinsic value". I'll share more on this book later. It was a life changing experience.

After 1 month of reading this book, I have ordered this book in rediff book site.[Although one of my friend resisted by saying "it's wastage of money as you have the ebook already". But, I thought it must be a tribute to Graham. I learn this generosity from Graham only. :) ] It cost me 540 Rs. But, after 1 month I bought this book again from flipkart with only 420 Rs. [That's the cost of generosity. 540-420=120 Rs. :) ]This time to give this book as gift to my dearest Mr S. Recently I bought another master piece of Bengamin Graham "The Security Analysis" I bought this from flipkart with Rs 640. Currently I am reading this. I'll share my experience once finished.

There are few books which will change your life, "The Intelligent Investor" is like that kind of book. Warren Buffet truly said "By far this is the best book on investing ever written". [ :) can you get the similarity with my thought].
  

Starting the journey

Today I came across a beautiful website http://robert.foo.my/. I thought it'll be great to write my thoughts over my blog. Just to give the context, I am a  Indian and by profession an Engineer. I'll share more about me later.