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The anchoring effect as per wikipedia is a cognitive bias whereby an individual's decisions are influenced by a particular reference point or 'anchor'. Once the value of the anchor is set, subsequent arguments, estimates, etc. made by an individual may change from what they would...
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Lessons to be learnt from 3 MISTAKES of Warren Buffett :
1) Be extra careful when investing in a company that appears to be similar to a previously successful investment.
(Dexter shoes - lost $3.5B as reported in 2007 letter to shareholders - success in other shoe companies le...
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Type
Buy
Instrument
EMKAY
Entry Price
₹115.5
Price@Trade
₹115.5
Target Price
₹250
Stop Price
₹58
Valid Till
Aug 23, 2022 3:20 AM
Margin
₹161,700 approx for 1400 Qty
Status
Active
1
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Millennial Investors replied to own  post

Update
Exited
Exit Price
₹138.25
Net P&L
+₹58,900 (+74.23%)

Type
Buy
Instrument
SHYAMMETL
Entry Price
₹435.4
Price@Trade
₹435.4
Target Price
₹900
Stop Price
₹380
Valid Till
Jul 27, 2022 3:20 AM
Margin
₹26,124 approx for 60 Qty
Status
Stoploss Hit
Exit Price
₹380
Net P&L
-₹3,324 (-12.72%)
1
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Millennial Investors replied to own  post

Update
Target Extended
Price @ Update
₹167.9
Original Target
₹180
New Target
210.0

The most used phrase on calls and tickets at Zerodha this past week :
"Please open my account as soon as possible. I want to apply for an IPO."
Ameen 😞
8
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Type
Buy
Instrument
FINPIPE
Entry Price
₹183.5
Price@Trade
₹183.5
Target Price
₹360
Stop Price
₹100
Valid Till
Jul 5, 2022 3:20 AM
Margin
₹102,760 approx for 560 Qty
Status
Active
2
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Type
Buy
Instrument
FINPIPE
Entry Price
₹192.3
Price@Trade
₹192.3
Target Price
₹350
Stop Price
₹135
Valid Till
Jun 28, 2022 3:20 AM
Margin
₹117,303 approx for 610 Qty
Status
Active
2
Reply
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Millennial Investors replied to own  post

Update
Exited
Exit Price
₹124.55
Net P&L
+₹1,600 (+2.64%)
reply
Millennial Investors replied to own  post

Update
Exited
Exit Price
₹548.75
Net P&L
+₹3,555 (+6.93%)

Finolex Industries Ltd
Sector : Plastic Products (PVC)
Great results in last two quarters of FY21, sales of PVC Pipes saw a significant increase but overall sales were largely boosted due to PVC resin sales.
Product Portfolio :
1) PVC Resin (raw material for manufacturing PV...
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Millennial Investors replied to KrisDom Investor's  post

@akshayj My guess : forest = index funds AND trees = individual stocks

An ad in the Wall Street Journal posted by Warren Buffett back in 1986.
The time-tested equation "owning a stock = owning a business" is very much relevant here. The filtering criteria for long term investments, be it in businesses or in stocks is always the same.
#InvestingUni...
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Millennial Investors replied to own  post

No I didn't, it was made by another budding investor. I seeked his approval and used it in my post.

Q&A
Q.) Even when there are more companies listed on BSE and it is older compared to NSE, how can we explain the very high volume traded on NSE compared to BSE?
A.) NSE has the first mover advantage.
NSE was setup in 1993, decades after BSE was founded. But it was set up as ...
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Investing University - 3454855
Everything that you see on charts is a summation of two variables : collective human psychology and market events.
Collective human psychology is the summation of individual psychologies which have recognizable patterns and are therefore predictable. Market events on the other...
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Millennial Investors replied to own  post

Update
Stoploss Trailed
Price @ Update
₹77.55
Original SL
₹30
New SL
60.0
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Millennial Investors replied to own  post

Update
Stoploss Trailed
Price @ Update
₹77.5
Original SL
₹30
New SL
60.0
Disclaimer
I am not a SEBI registered equity analyst. Anything posted here is for educational purposes only. I am not responsible for any profit/loss made out of any content (trades, opinions or information) posted here. Please consult your financial advisor before acting on anything appearing on this feed.

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