As I completed 23 years on this lively planet and 5 years in this stock market, I want to share my 23 mistakes of my Investing journey.

A thread🧵

1. Quick Money
I begin with the stock market in a thought that it is an easy and fastest way to make money. Initially, I begin with buy and hold strategy but I felt, that is not what I came for and so I initiated with trading and in few months, (1/n)

I made some good returns, in the next succeeding month I lost my profit and my initial capital. (due to demonetization).

One quote revamp my mind “Rome was not built in a day and Hiroshima and Nagasaki were destroyed in a day” (2/n)

2. Taking tips from News Channels
I lost my faith in 2016 due to such a heavy loss and embark to take tips from TV channels and follow them on daily basis. I don’t know about others but this step failed me miserably. (3/n)

TV channels are just for TRPs, if they don’t provide tips, viewers shift to another channel, while you know the rest.(4/n)

Buyback Analysis

How to deal with these Special Situation Events?

A Thread.🧵

1/n Before we start with our Buyback Calculation let’s understand some basic term to ease our understanding

2/n Buyback of shares is approved by two routes

1) Tender Route

2) Open Market Route

3/n
1.Tender Route
Tender Route is the most common way for the buyback. In the tender route, the current shareholders have to make an application for the buyback of shares and based on the demand, the company buy back the shares on the pro-rata and quota allocation basis.

4/n
2. Open Market Route

The open market is a simple and easy one. The company buyback the shares from the exchanges and complete the buyback process but due to such a heavy demand in the shares, the share price rises,