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Commandments of Investing Success!

Some of the key principles of investing that have helped me in my journey.

Retweet for Max reach!

🧵🧵🧵🧵🧵🧵🧵🧵

 Commandment 1

Investing is a game of probabilities and not a game of possibilities. First thing that is the most important is to adapt your investing philosophy to your own circumstances. Eg:- if you are able to give less time to research then it is foolish to buy
concentrated positions or companies that are just emerging with a higher allocation.

Commandment 2

This is the one where I have been burnt in the past. Hopefully I have learnt my lesson, always pencil in conservative growth estimates. Let the business beat your low
expectations and then take a victory lap. At the end you are here to compound your capital and not look like a hero.

Commandment 3

Have both concentration and diversification work for you. Make a portfolio of 12-20 stocks. Look for different themes. Concentrate in your top
Positions (10-11 stocks) and the other stocks should be like football players who are warming the bench and willing to play as soon as they get on to the pitch to replace any stock (one) who is injured or cannot continue to play.
Commandment 4

Remain objective. Do not fall in love with the management or the stock. Very few managements will tell you things as they are (eg:-Arman Financal). Others are driven by Incentive caused bias. Keep your love for family and friends+objectivity for stocks.
Commandment 5

All charts or fundamentals that arise are from the underlying business and the way it performs. Make your business understanding such that you can judge when the business is going through headwinds or tailwinds. Eg:- Investing in APL Apollo when they went
through a period of inventory losses or in Deepak Nitrites case when phenol spreads were suppressed. My order of Priority:

1. Business Analysis: everything starts here
2. Simple Technicals:Price/vol action & Moving Averages (still learning)
3. Fundamentals (lagging indicator)
Commandment 6:

There will be a few monster winners (5-6x) in your Portfolio. The trick is to let them run and be a bit lenient about them if the underlying cash flows are rock solid. Eg:- as in the case of Navin Fluorine where inspite of the RM or freight issues the margins
have sustained. In other cases like Laurus, the business still fully hasn't emerged as they haven't reduced the dependence on ARV's completely(54% of revenue). I do concur it will be one of the best pharma co's once this dependence goes below 30% and other engines fire.
Commandment 7:

Why do people have different results in the same stock?

The answer lies in 4 decisions: Buying, holding, selling and the ability to understanding yourself. If you are generally impatient as an individual,you aren't likely to hold a stock post a quarter or two
of underperformance. The trick is to make your investing fit you as a glove. The investors who know themselves and how they will react to a given situation are already way ahead in the game.
Commandment 8:

Some of the best ideas when you look back at them will be the ones where you had the willingness to be lonely. Eg:-A friend of mine laughed when I discussed Saregama with him in Jan this year or when there was consensus that Pi Industries moat is finished in
2017-2018 timeframe when industry went through a period of headwinds. Recent example is the way API/chemical industry is going through headwinds. This is the point of time where noise is the maximum as the initial naysayers who missed the rally, will try to distort
you or your thesis. Listen to facts, distinguish noise from the signal and then act. Don't act because of the noise
Commandent 9

Understand the nature of the business and your thesis. Selling becomes relatively easier when you do. It's okay to be wrong sometimes as we are dealing with probabilities. No one in the world of investing has a 100% track-record. Majorly money is made on a few bets.
Commandment 10

As Peter Thiel says, that the real contrarians are the one's who think for themselves and do not necessarily agree or disagree with the crowd. Learning how to think for yourself and being humble are two key traits for surviving over a long period of time in
the world of investing. Be humble or get humbled by Mr. Market.

Always reminds me of this video 😂😂:

https://t.co/Cjr51ct0L8
Disc: invested in most of the names mentioned above. Use these only to illustrate my point of teaching through case studies. Not SEBI registered, not a buy/sell

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'Treasure Gods' - Sangha Nidhi' and 'Padma Nidhi', Tirumala, Tirupati.

------------------------------------

These are the two guards guarding the Wealth and Treasure of Lord Sri Venkateswara.

They are representatives of two treasures of Kubera, the God of Wealth.


One guard who is holding shangam (conch) on both the hands is known as Shanka Nidhi ('nidhi' means wealth).

On the other side, the guard who is holding Lotus flowers on both the hands is known as Padma nidhi.

Shangu is from the ocean which includes all types of wealth like pearls and corals.

Why shagam in his hand? Because shangam only gives the sound of 'omkaram'.

'Padmam' is the symbol of water sources in land like river, lakes, tanks etc. which is very important for all living beings.

As per the tradition, these guards are installed at the third entrance of the temple.

One enters the holy shrine after saluting the first protection threshold - Sankha Nidhi and Padma Nidhi.
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அஸ்தினாபுரத்து அரசி👸...
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#தினம்_ஒரு_திருவாசகம்
தொல்லை இரும்பிறவிச் சூழும் தளை நீக்கி
அல்லல் அறுத்து ஆனந்தம் ஆக்கியதே – எல்லை
மருவா நெறியளிக்கும் வாதவூர் எங்கோன்
திருவாசகம் என்னும் தேன்

பொருள்:
1.எப்போது ஆரம்பித்தது என அறியப்படமுடியாத தொலை காலமாக (தொல்லை)

2. இருந்து வரும் (இரும்)


3.பிறவிப் பயணத்திலே ஆழ்த்துகின்ற (பிறவி சூழும்)

4.அறியாமையாகிய இடரை (தளை)

5.அகற்றி (நீக்கி),

6.அதன் விளைவால் சுகதுக்கமெனும் துயரங்கள் விலக (அல்லல் அறுத்து),

7.முழுநிறைவாய்த் தன்னுளே இறைவனை உணர்த்துவதே (ஆனந்த மாக்கியதே),

8.பிறந்து இறக்கும் காலவெளிகளில் (எல்லை)

9.பிணைக்காமல் (மருவா)

10.காக்கும் மெய்யறிவினைத் தருகின்ற (நெறியளிக்கும்),

11.என் தலைவனான மாணிக்க வாசகரின் (வாதவூரெங்கோன்)

12.திருவாசகம் எனும் தேன் (திருவா சகமென்னுந் தேன்)

முதல்வரி: பிறவி என்பது முன்வினை விதையால் முளைப்பதோர் பெருமரம். அந்த ‘முன்வினை’ எங்கு ஆரம்பித்தது எனச் சொல்ல இயலாது. ஆனால் ‘அறியாமை’ ஒன்றே ஆசைக்கும்,, அச்சத்துக்கும் காரணம் என்பதால், அவையே வினைகளை விளைவிப்பன என்பதால், தொடர்ந்து வரும் பிறவிகளுக்கு, ‘அறியாமையே’ காரணம்

அறியாமைக்கு ஆரம்பம் கிடையாது. நமக்கு ஒரு பொருளைப் பற்றிய அறிவு எப்போதிருந்து இல்லை? அதைச் சொல்ல முடியாது. அதனாலேதான் முதலடியில், ஆரம்பமில்லாத அஞ்ஞானத்தை பிறவிகளுக்குக் காரணமாகச் சொல்லியது. ஆனால் அறியாமை, அறிவின் எழுச்சியால், அப்போதே முடிந்து விடும்.
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A Thread on the Boss himself @Mitesh_Engr

Mitesh Sir's Positional Option Selling 101:

• How to find direction
• Which options to sell
• How to deploy capital
• Exit criteria
• What ROI he targets weekly
• What % risk he takes

Done with the help of @niki_poojary


How @Mitesh_Engr Sir finds the direction?

• Daily charts S/R
• 75 min charts S/R
• Intraday trend
• Always play directional
• Never trades in strategies


Which options to sell in weekly expiry according to @Mitesh_Engr?

• Weekly candle High/Low
• Sell 1% away options from those
• Exit when levels breached


Position Sizing by @Mitesh_Engr Sir.

How to deploy your capital?

• First sell 20%
• Pyramid the next day
• When to exit
• What to do when view goes wrong
• What to do with idle capital


Some important tweets of @Mitesh_Engr Sir

• What Data to look at
• ROI for safe players per month
• Max risk per day
• Gather knowledge and play directional
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@buzz_chronicles @AchuthArora @AJA_Cortes @rattibha You won't miss this tweet anymore!

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@buzz_chronicles @AchuthArora @OllieEmberson @rattibha No more missed tweet 😉!

I saved this tweet for you.

You must register on savetobookmarks .com in order to access and manage your bookmarks.
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