Money and Finance
- Safal Niveshak: Value Investing, The Sanjay Bakshi Way 2.0 – Part 2
For Part 1, which was a great overview on MOAT investing, go HERE. A big thanks to Vishal Khandelwal for doing these brilliant interviews. Link to interview: Value Investing, the Sanjay Bakshi Way 2.0 – Part 2Excerpt: As a disciple of Ben...
- Daily Journal Holdings
10-K comments for the year ended September 30, 2012:In February 2009, the Company purchased shares of common stock of two Fortune 200 companies and certain bonds of a third, and during the second and the third quarters of fiscal 2011, the Company bought...
- Steve Keen: Behavioral Finance Lecture 11: The Economic Crisis
This is the final lecture in his 11 LECTURE COURSE. Link .................... Related book: Debunking Economics - Revised and Expanded Edition: The Naked Emperor Dethroned? ...
- Steve Keen: Behavioral Finance Lectures
UPDATE: For his 2012 Lectures, see HERE. ----- Steve Keen is lecturing on Behavioral Finance at the University of Western Sydney this semester. He’s recording all of his lectures and posting them online. The second, expanded edition of his book...
- Recent Dividend Increases
Dividend investors would be wise to focus not just on a stock's current yield, but also on the long-term growth potential of its dividends. That's because strong businesses that consistently raise their dividend payouts reward shareholders with...
Money and Finance
The Final Relaxo Lecture – by Sanjay Bakshi
Link to: The Final Relaxo Lecture – by Sanjay Bakshi
My BFBV course @ MDI got over in January 2014. One of the highlights of the course was a live case on Relaxo Footwear, a company in which I am invested. The case was initiated at the beginning of the course. On 15 September 2013, I posted a mail (The Relaxo Cinderella Project) to my students about the company. At the time, the stock price of the company was Rs 144 (on a 5:1 split adjusted basis).
Then, on 22 September 2013, my friend Ravi Purohit and I gave a joint lecture on the company (The Relaxo Lecture) in which we explained our investment thesis. At the time, the stock was quoting at Rs 150.
Finally, I spoke about the company again in my class on 10 January 2014. By that time, Relaxo’s stock price had increased to Rs 224. As I write this, it now stands at Rs 254.
In this note, I am reproducing from my memory what I spoke on my 10 January class with some updated thoughts on the subject.
- Safal Niveshak: Value Investing, The Sanjay Bakshi Way 2.0 – Part 2
For Part 1, which was a great overview on MOAT investing, go HERE. A big thanks to Vishal Khandelwal for doing these brilliant interviews. Link to interview: Value Investing, the Sanjay Bakshi Way 2.0 – Part 2Excerpt: As a disciple of Ben...
- Daily Journal Holdings
10-K comments for the year ended September 30, 2012:In February 2009, the Company purchased shares of common stock of two Fortune 200 companies and certain bonds of a third, and during the second and the third quarters of fiscal 2011, the Company bought...
- Steve Keen: Behavioral Finance Lecture 11: The Economic Crisis
This is the final lecture in his 11 LECTURE COURSE. Link .................... Related book: Debunking Economics - Revised and Expanded Edition: The Naked Emperor Dethroned? ...
- Steve Keen: Behavioral Finance Lectures
UPDATE: For his 2012 Lectures, see HERE. ----- Steve Keen is lecturing on Behavioral Finance at the University of Western Sydney this semester. He’s recording all of his lectures and posting them online. The second, expanded edition of his book...
- Recent Dividend Increases
Dividend investors would be wise to focus not just on a stock's current yield, but also on the long-term growth potential of its dividends. That's because strong businesses that consistently raise their dividend payouts reward shareholders with...