I have bought so many stocks in individual companies. There are so many stocks going to rocket in the long run, right now safe to invest in an ETF that tracks the S&P500 and ride it out. I put $130k into some growth stocks with a Financial advisor handling my portfolio. some of my picks are, NVR, LISP.SW, SEB, VOO,DOWJ, BRK-A, AAPL,IVV, NYSE, NASDAQ, TSLA, I've gotten 82% return so far this year I'll see where it goes.
this is more like it, I have always said if you are going to refer your advisor at least let one know specific plays he or she uses to make gains in the market, nice picks. you've got great stocks, just started a few weeks back, I'm going for long term, I'm still trying to wrap my head around it, can I get the number of your F.A ?
I think oil companies like OXY cannot completely avoid CAPEX because equipment breaks down, needs spare parts, repairs, replacements, upgrades etc. There will always be some maintenance-CAPEX, but agree that major and mega project CAPEX will not be incurred, which can really move the needle.
I love all of Mohnish's talks but it's so obvious that he's like 10x better in-person than he is over Zoom. Maybe it's the energy in the room? I don't know. But the Irvine presentation on Coca Cola is probably the best video on his channel and I'm just noticing that all of the in-person stuff is a noticeable step above the Zoom conference calls. I wonder if he's noticed the same thing.
Thanks for sharing all your wisdom Mohnish. I wish you would have stuck with some track pants and a T. Along with Wall St. dogma, let's leave the suits on the street!
He is definitely wrong about that specialization part of Germany. The lowest school education you can get is the "Hauptschule", which ends after 9 years at school at around age 15. After that you can do an apprenticeship, but usually not in the manufacturing businesses. To get a job in an apprenticeship for, say an industrial mechanic, you have to have at least a "Realschulabschluss", which you will get after 10 years of school at around age 16. So I would say age 16 in Germany is the start of the specialization phase. (and of course also the age at which you can start drinking beer)
Turkey has a juice company where the fruit juices are exported to europe ,and almost 80-90% revenue comes from export they gain euros and their cost is in lira so as the lira depreciated and euro rose it was like a double hammy effect 1+1=11 ,also the transportation costs are pretty low so mohnish uncle said that this is a great business.
When i look at the total assets of Reysas , the last update is around 283mio (usd) in assets. how does Monish come up with a number of more than a billion in assets for Reysas?
Warren Buffett: "Price is what you pay, value is what you get." You cannot value real assets by looking at the balance sheet, you need to look at private market value/market comparables or at least pay for a service that will properly calculate the NAV for you. Book value is just what they paid.
This rule would be great if only you tie it with “ you must water the flowers and cut the weeds” or not, a new investor would double down on a company that will eventually go to 0
@@Growth-Value the rule has to work over a great number of times. To get lucky you should bet on highly possible events. Unfurtunate events are part of life human consumation of products follow a pattern. Good businesses have high profit margins you will find them when you check alot of them side by side. Nothing comes for free. When you want to find you have to search.
@@fearlyenrage i agree, but finding an amazing business does not mean to never sell it. Yes maybe hold it for 10-20 years if you see the business thriving but usually if it falls off, like in the case of department stores, like Sears fall in price, re-analyze the situation and do not follow the “never sell” mentality Cause maybe you can then find a better business like amazon or ebay and sell the weed (sears) for a new flower But if you used the never sell rule, you will just end up with sears in your portfolio till it is zero
@@Growth-Value well that makes sense. Business has cycles and at some point they stop growing. But when the only grow and pay dividends why should then someone sell? Makes no sense. As long as the business keeps getting better there is no reason to sell. At least for me what you do is your business ;)
Buy right and hold on, I learned that later in my investing career as Mohnish has. Finding good companies to buy is easy compared to the inaction of holding on for a decade and more. Find someone to talk you out of selling when the impuse occurs it may save you millions.
Hello. If anyone knows the answer, can they please help. How do you know that the company is making its revenue in dollars/euro etc. How do you check for that?
Not sure if you read the comments but might be interesting to know when you Come into a country if you attend public meetings ? would be glad/Great to hear you in reality !
