Patience and conviction

At @CapitalAurum our endeavour is to read the cycle of various industries, locate turnarounds and put bets on undervalued stocks. We gather various data points, not necessarily always captured with conventional methods.

@jitenkparmar
@niteen_india

1/n

This has lead us to get into the turnarounds in many companies and industries. In late 2018 and early 2019, one such visible trend was cement cycle when it was not going through the best of the time.

@jitenkparmar
@niteen_india
2/n
We recommended 2 stocks in a span of 3 months in Dec 2018 and Feb 2019 at around Rs 270 and Rs330 levels respectively. We started with 3% allocation in each ie 6% in cement sector.

@jitenkparmar
@niteen_india

3/n
The drawdown happened. We saw a max draw-downs of 31% & 45% resp. during the fall of Mar 2020. This fall was much lower than the overall fall in Mid and Small cap indices in Mar 2020. In a way they outperformed the indices and helped our PF too.

@jitenkparmar
@niteen_india
4/n
As time progressed and we continued to get confirmations on our parameters, we increased the allocation in the sector. The current allocation is 12%. The average price of both the stocks remained closer to the initial buy price.

@jitenkparmar
@niteen_india

5/n
We always believed in the process and continued to measure our parameters. The draw-downs were an opportunity to accumulate for our subscribers while we stayed put and stocks remained in buy zone.

@jitenkparmar
@niteen_india

6/n
We had been asked questions by our subscribers in the paid section of Investor Forum on our portal. It was a healthy communication and led to improving conviction of our subscribers.

@jitenkparmar
@niteen_india

7/n
Currently both the stocks are at levels of 700 and are up ~4X from the bottom. This does not include dividends.

@jitenkparmar
@niteen_india

8/n
We continue to hold these stocks as we believe that the cement cycle still has some way to go. However, we may remain cautious, as always.

#investing #patience

Disc.: No reco, case study of patience and conviction.

@jitenkparmar
@niteen_india

9/9

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सत्यवती ने महर्षि भृगु से अपने तथा अपनी माता के लिए पुत्र का वरदान मांगा।ये जानकर महर्षि भृगु ने यज्ञ किया और तत्पश्चात सत्यवती और उसकी माता को अलग-अलग प्रकार के दो चरू (यज्ञ के लिए पकाया हुआ अन्न) दिए और कहा कि ऋतु स्नान के बाद तुम्हारी माता पुत्र की इच्छा लेकर पीपल का आलिंगन...

...करें और तुम भी पुत्र की इच्छा लेकर गूलर वृक्ष का आलिंगन करना। आलिंगन करने के बाद चरू का सेवन करना, इससे तुम दोनो को पुत्र प्राप्ति होगी।परंतु मां बेटी के चरू आपस में बदल जाते हैं और ये महर्षि भृगु अपनी दिव्य दृष्टि से देख लेते हैं।

भृगु ऋषि सत्यवती से कहते हैं,"पुत्री तुम्हारा और तुम्हारी माता ने एक दुसरे के चरू खा लिए हैं।इस कारण तुम्हारा पुत्र ब्राह्मण होते हुए भी क्षत्रिय सा आचरण करेगा और तुम्हारी माता का पुत्र क्षत्रिय होकर भी ब्राह्मण सा आचरण करेगा।"
इस पर सत्यवती ने भृगु ऋषि से बड़ी विनती की।


सत्यवती ने कहा,"मुझे आशीर्वाद दें कि मेरा पुत्र ब्राह्मण सा ही आचरण करे।"तब महर्षि ने उसे ये आशीर्वाद दे दिया कि उसका पुत्र ब्राह्मण सा ही आचरण करेगा किन्तु उसका पौत्र क्षत्रियों सा व्यवहार करेगा। सत्यवती का एक पुत्र हुआ जिसका नाम जम्दाग्नि था जो सप्त ऋषियों में से एक हैं।
(1) Kushner is worth $324 million.
(2) Since 2016, Kushner has connived, with Saudi help, to force the Qataris (literally at a ship's gunpoint) to "loan" him $900 million.
(3) This is consistent with the Steele dossier.
(4) Kushner is unlikely to ever have to pay the "loan" back.


2/ So as you read about his tax practices, you should take from it that it's practices of this sort that ensure that he's able to extort money from foreign governments while Trump is POTUS without ever having to pay the money back. It also explains why he's in the Saudis' pocket.

3/ It's why the Saudis *say* he's in their pocket. It's why emoluments and federal bribery statutes matter. It's why Kushner was talking to the Saudi Crown Prince the day before the murdered Washington Post journalist was taken. It's why the Trump administration now does nothing.