tag:blogger.com,1999:blog-7832676223555801988.post2883240402130927384..comments2023-05-07T16:38:33.184+05:30Comments on Manufactured Luck: Fool’s Wisdom # 3: Tennis v/s RouletteManufactured Luckhttp://www.blogger.com/profile/17054602349579736386noreply@blogger.comBlogger14125tag:blogger.com,1999:blog-7832676223555801988.post-49490360257549096572017-01-19T12:45:53.103+05:302017-01-19T12:45:53.103+05:30Thanks for sharing your thought with us.
Thanks for sharing your thought with us.<br />Anonymoushttps://www.blogger.com/profile/06607980578870199820noreply@blogger.comtag:blogger.com,1999:blog-7832676223555801988.post-41194021289165598532015-06-03T11:59:40.740+05:302015-06-03T11:59:40.740+05:30Thanks Madhu & Biraj. Glad you resonate with o...Thanks Madhu & Biraj. Glad you resonate with our thoughts..Manufactured Luckhttps://www.blogger.com/profile/17054602349579736386noreply@blogger.comtag:blogger.com,1999:blog-7832676223555801988.post-72101947395691796342015-06-03T03:21:26.189+05:302015-06-03T03:21:26.189+05:30Lovely article.
Your blog is in my fav list. I a...Lovely article. <br /><br />Your blog is in my fav list. I am new to investing. <br />Thanks, <br /><br />Biraj Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7832676223555801988.post-13755977676886086102015-05-15T12:02:53.563+05:302015-05-15T12:02:53.563+05:30Hi,
Good article.
It is no surprising, why succ...Hi,<br /><br />Good article. <br /><br />It is no surprising, why successful investors are humble. They understand the role of luck very well. <br /><br />Investing unlike other professions teaches one to become human, humble and kind. Unknowingly or knowingly one becomes philosophical or spiritual. Other professions with increasing success can make one egoistic, over confident etc. <br /><br /><br /><br />Regards<br />MadhuAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7832676223555801988.post-9007054823123222982013-11-25T15:02:39.986+05:302013-11-25T15:02:39.986+05:30Hi Abhi,
Thanks for the feedback. We believe luck...Hi Abhi, <br />Thanks for the feedback. We believe luck has as much role to play even in long term investing. Any long term buy and hold idea is susceptible to host of issues like change in regulation, change of ownership, change in CEO, emergence of a substitute, obsolescence of technology, increasing competition etc. etc. On our view on shorting and having patience in the same - may be subject matter of the whole new post some time :) .Manufactured Luckhttps://www.blogger.com/profile/17054602349579736386noreply@blogger.comtag:blogger.com,1999:blog-7832676223555801988.post-72610882450677924992013-11-24T13:00:45.977+05:302013-11-24T13:00:45.977+05:30Great post guys !!!...Always a pleasure reading.
...Great post guys !!!...Always a pleasure reading. <br /><br />While u guys have aptly inferred that luck does play a big part in investing apart from skill, it is more talking from the point of shorting the stocks, isn't it?... undoubtedly in shorting there are various factors ( such as the ones u put up by listing the incentive for various players in the market) beyond your control which makes it difficult to make money over the relatively shorter investment period, i am not too sure whether it holds the case in Long term investing to that large an extent....surely there would be events that still would still impact the stock but in this case at least considering the time horizon the chances of evening out the impact is higher....making money out of shorting the obvious duds would require a great deal of patience which could indeed be very painful in terms of MTM losses.... Abhishek Trivedihttps://www.blogger.com/profile/10990729985541273459noreply@blogger.comtag:blogger.com,1999:blog-7832676223555801988.post-61260386344804449902013-11-23T12:28:20.799+05:302013-11-23T12:28:20.799+05:30Hi Kenthomson,
Clearly looks like a binary outco...Hi Kenthomson, <br /><br />Clearly looks like a binary outcome with the entire industry up in arms against the arbitrary policies of the state government. Either government in some form accepts the recommendations of the Rangarajan committee report and hence links cane pricing to end products ..OR a worst case in our view (low probability) is that the state government takes over all the sugar mills. There is also a talk of the state government compensating the farmers directly like they do for a lot of other things. Given the controversies and the uncertainty of cane prices going forward,there is a possibility is that sugar farmers decide in favor of not sowing sugar for the next season. Too many moving parts with elections round the corner and UP being a huge swing factor. <br /><br />Keenly watching the space for further action , till then Best of ML !!!!Manufactured Luckhttps://www.blogger.com/profile/17054602349579736386noreply@blogger.comtag:blogger.com,1999:blog-7832676223555801988.post-4320903324670753182013-11-23T01:09:56.600+05:302013-11-23T01:09:56.600+05:30Hi Niren, what do you guys think about the continu...Hi Niren, what do you guys think about the continued turmoil in the sugar industry in UP? Any solution coming up in the near future?Kenthomsonhttps://www.blogger.com/profile/18379928600374300847noreply@blogger.comtag:blogger.com,1999:blog-7832676223555801988.post-52324591774589730732013-11-22T23:45:36.445+05:302013-11-22T23:45:36.445+05:30Hi Anil,
We think, irrespective of the time and t...Hi Anil,<br /><br />We think, irrespective of the time and the type of analysis, the role of luck cannot be eliminated. It might be fair to say though that the role diminishes with time..Manufactured Luckhttps://www.blogger.com/profile/17054602349579736386noreply@blogger.comtag:blogger.com,1999:blog-7832676223555801988.post-87801562213160759332013-11-22T23:39:32.166+05:302013-11-22T23:39:32.166+05:30Thanks for the words of encouragement!!Thanks for the words of encouragement!!Manufactured Luckhttps://www.blogger.com/profile/17054602349579736386noreply@blogger.comtag:blogger.com,1999:blog-7832676223555801988.post-65566102414074653192013-11-22T23:38:03.710+05:302013-11-22T23:38:03.710+05:30Hey Sam,
Thanks for your feedback..Keep visiting!...Hey Sam,<br /><br />Thanks for your feedback..Keep visiting!!Manufactured Luckhttps://www.blogger.com/profile/17054602349579736386noreply@blogger.comtag:blogger.com,1999:blog-7832676223555801988.post-60968615250836760482013-11-22T20:34:42.461+05:302013-11-22T20:34:42.461+05:30Wow! Great articleWow! Great articleshivprakashhttps://www.blogger.com/profile/12935589165173180371noreply@blogger.comtag:blogger.com,1999:blog-7832676223555801988.post-22600089028998205752013-11-22T20:00:02.530+05:302013-11-22T20:00:02.530+05:30Interesting post
What do you think about the role...Interesting post<br /><br />What do you think about the role of Luck in case of a investor using fundamental analysis to invest with horizon of 5 years. Do you think luck plays a dominant role or skill....Anil Kumar Tulsiramhttps://www.blogger.com/profile/08957135865779188117noreply@blogger.comtag:blogger.com,1999:blog-7832676223555801988.post-76084586311440485892013-11-22T12:18:06.245+05:302013-11-22T12:18:06.245+05:30Hi Guys, whilst these posts make great reading, mo...Hi Guys, whilst these posts make great reading, most of what you're writing is already available to Value Investors via the web. You'll should consider writing a post on what is it that you'll did in the month of August when the markets were getting hammered, did you buy/sell, how did your portfolio hold up? Also in the post you could consider adding whether you consider Indian stocks to be expensive right now and if not, what are the pockets where you are finding value & buying right now. Good 'manufactured' luck to you'll. Cheers, Samnoreply@blogger.com