Recently, I looked into Hyderabad Industries Limited (HDIL) and discussed my analysis on this blog. There were few comments and mild discussion with reference to my conclusion and turnaround aspect of the HDIL. Simultaneously, I also posted the same analysis on Moneyvidya’s blog. Over at Moneyvidya’s blog, the discussion was also centered on similar characteristics of HDIL. There were few good points which I believe would be worth mentioning on my blog too. Therefore, I am presenting those points here with some additional thoughts. Readers can refer to the original discussion. There are two different aspects in this conversation. One aspect is about how this commentator critics my observations and my analysis. It would be fair to say the analysis was trashed, challenged to check the pricing after 6 months, and was asked to eat my pudding. Well, I think it is better to keep this part of the comments aside because it is not going to help us learn anything. Continue reading rest of this article…
Hyderabad Industries – Continuing the Discussion
MoneyVidya.Com Site – My Experimental Benchmark
You may have seen the MoneyVidya Core Blogger Badge on the left side of my blog. Many of you have asked what does it signify, and what are the benefits to me, is it an advertisement, and/or do I get paid for it. Many have asked, I discuss a lot about long term investing, but then participate on a speculative stock picking site. I had intentionally kept silent about it because I did not want to make any hypothetical argument. I did not want to be perceived as my agenda to promote something. As a matter fact, some time back I presented a very critical review of MoneyVidya.com website.
I now have something to discuss with my readers. Again the discussion is based on facts (and not on any assumptions or hypothetical scenarios). So I will be posting two articles (1) MoneyVidya stock picking site vis-à-vis long term investing; and (2) how it is beneficial to me.
MoneyVidya is a community-based stock picking site, which is generally perceived as speculative process. Many long term investors, like me, believe that it is not for them and they do not entertain the stock picking process.
It is very natural that at first glance, any long term investor will consider it as a stock picking site. However, I look at moneyvidya site as competitive ranking mechanism. Any long term investor can select their stocks (buy or sell) using a 2 year time frame. Now isn’t that long term investing? I am also sure that moneyvidya management is perhaps looking into how to include more options for long term investing.
TIP Guy’s User Perspective about “moneyvidya.com”
Here at TIP blog, I am continuously talking about a methodological and sensible long term investments (as opposed to speculative stock picking games). Therefore, readers will find it unusual and surprising that I am discussing about my limited experience with a stock picking website. While its still true that I am not a trader, I am always experimenting (1) to keep my self aware of what’s happening around me; (2) with my own strategy against others; and (3) learn what not to do.
Today, I am going to discuss one of my most recent experiences with online stock picking platform or online social networking community. Last few days I have been participating and experimenting with moneyvidya.com (MV) website. Instead of watching passively from outside, I spent last few days playing around with its interface/capability and tried to figure out some of the key nuances. In order to avoid any personal bias, I will restrain myself from commenting on the stock picking per se. I will focus my comments only on (1) user experience; and (2) MV platform with reference to user’s quest for financial resource base, which includes quality of financial commentary and discussion. Continue reading rest of this article…
Tipster, You are Fired!
Ever since I started investing, I have always been intrigued by the stock advisors, tipsters, some of the mutual fund managers, portfolio managers, etc. In short, I am talking about the stock tips and stock advising profession. This is the profession which claims to take care of our financial investment at a fee (and off course with no return of any quality service).