Inside the beautiful mind of Jayant Pai,PPFAS

Jayant Pai is part of the senior management team at PPFAS,one of the smallest mutual funds around.

Here are a couple of tweets he posted:

 

Narendra Modi will disappoint due to high expectations while Rahul Gandhi will disappoint despite zero expectations. #justsaying

— Jayant Pai (@jayantpai) September 15, 2013

And he followed it up with:

Today #NarendraModi is like an FMCG stock Good company but sky-high valuations. #RahulGandhi is like an infra stock priced for bankruptcy. — Jayant Pai (@jayantpai) September 15, 2013

So basically our friends from PPFAS want leaders with zero expectations who can surprise on the upside. Maybe in Jayant Pai we have a closet supporter of the Mamata Banerjees of the world !

Its apparent that Jayant Pai has imbibed the “value investing” principles of PPFAS.It is interesting to see the top 3 stocks by value (In Lakhs) of their PPFAS Long Term Value Fund as on Aug 2013:

Maharashtra Scooters Limited	1,481.20
Mphasis Ltd	1,529.61
Noida Toll Bridge Co Ltd	1,648.29

Two words come to my mind looking at this: “VALUE TRAP” !!

Anyways, a brief twitter war followed-as can be seen from the exchange below:

@alphaideas The word ‘crap’ may apply to your blogposts too. However I will let you know after reading the drivel that you write.

— Jayant Pai (@jayantpai) September 16, 2013

 

@jayantpai Ha Ha..Mr.Marketing Manager is all riled up…don’t bother reading,you won’t understand most of it anyway.

— alphaideas (@alphaideas) September 16, 2013

 

@alphaideas Riled up ? I want you to make a fool of yourself by continuing this conversation. Let the world know…

— Jayant Pai (@jayantpai) September 16, 2013

 

 

And let the world know the beautiful la la mind of Jayant Pai !!

Addendum:Debashis Basu,the Publisher & Editor of MoneyLife Magazine had this to say about Jayant Pai

@lordludus @alphaideas I had blocked this guy for tweeting something equally moronic to me 🙂

— Debashis Basu (@stockbets) September 17, 2013