January 30, 2013

Good screener for screening Indian stocks

I have been using  screener.in for screening Indian stocks for sometime now.  I should say that this has been by far  the best free screener that I have come across.  Cool thing I like about this is you can create your own ratios and also your own screeners.  Not sure what their future plans are with regards to subscription but as of now its free.
http://www.screener.in/

Mohnish Pabrai: What I've Learned From Warren and Charlie

Mohnish talks about what he learnt during his lunch with Warren and Charlie.
mohnish-pabrai-what-ive-learned-from-warren-and-charlie

Best of Value investing Videos from You Tube

Part1

Part2

Part3

Part4

Part5

Ador Fontech Qtrly Update - Dec 2012

I wrote about Ador Fontech here .  Company came out with their quarterly results for Dec12 qtr.  On YoY basis, sales fell by 15%  and the operating margins fell by whopping 62%.  Gross margins fell from 47% last year to 42% and operating margins fell from 18% to 8%.  Overall it has been a disappointing quarter.  This has been the worst quarter in a long time.  Hope this is just an exception.  Stock reacted by going down around 12%.  Bought some more at Rs.78.  Need to keep track to see if this is a temporary down phase or a permanent change in business prospects.

January 16, 2013

Beware of some of your biases

Man is a rationalizing rather than a rational being.  In our day to day interaction we display lot of biases or psychological behaviors which are consistent and irrational.  The link below explains about 12 different cognitive biases that prevents us form being rational
Some Biases that prevent us from being rational

Psychology of Human Misjudgment - Charles Munger

Behavioral economics is a new field that is becoming popular now a days.  This has brought out lot of understanding on the way our mind works and thinks when it comes to handling finance.  This is one of the speech on Psychology of human misjudgment.given by Charles Munger and as usual..he rocks..

One Idiot - A short film on investing from IDFC



Came across this wonderful short film on investment from IDFC called one Idiot.  As the saying goes a penny saved is a penny earned.  Good film on how each penny saved can become a big investment in the future.  Most successful investors are those that are frugal by nature.  What I like about this video is the way it drives home the message.  Watch it and provide your comments on what you think.


Basics on Finance and Investing - Bill Ackman

As the great master Ben Graham said, stock is not just a ticker symbol that keeps moving.  Behind every stock symbol there is an underlying business. When you buy a stock, you are buying a piece of the business partnership.  So, you should understand business and finance before you start to invest.  Hedge fund manager Bill Ackman gives a very simple explanation of finance and investing using a lemonade stand business.