Page is over-priced unless govt makes it compulsory to wear 2 underwears, like superman 🙂 https://t.co/OVTovP99Lq
— Porinju Veliyath (@porinju) August 14, 2015
No regrets as we made our returns elsewhere but I pity those caretakers of value investing who said that Page at Rs 10k was discounting the Govt. making it mandatory for everyone to wear two underwear. It’s price of 26k have sent those crystal ball gazers into long hibernation.🤫 https://t.co/9NqIOroknI
— Basant Maheshwari (@BMTheEquityDesk) June 13, 2018
2 replies on “2 Fund Managers on 1 Page”
Life is always like that – full of contras and what not.
The very fact that there should ‘always’ be a buyer if you want to sell it and the reverse is also true. You want to sell because either the stock has exhausted your limit or your expectation, whereas the other person sees both the things positively – his limit as well as expectation.
And this is what makes this market always full of excitement, hysteria, euphoria and despondency – all at the same time.
Page holdings are very concentrated like MRF and due to this there is hefty primium .why one should concentrate rather to leave this stock .may bubble from here but can’t risk