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Tweet Buster: Looking for your next multibagger? Check existing portfolio first


NEW DELHI: As private equity money rained on startups, turning six of them into unicorns, Dalal Street remained directionless for another week. Zerodha CEO Nithin Kamath’s tweet explaining why he is averse to raising money went viral and won him applaud from top money managers. He also warned that the hotness of the stock broking industry can disappear overnight with a 20% fall in the market.

In today’s edition of Tweet Buster, we scan more such interesting insights, market
gyaan and investing philosophy from the world of 280 characters so that you don’t feel helpless in a choppy market.

Covid play is back
Sanjiv Bhasin, director of IIFL Securities, said Bharti Airtel is the best play on partial lockdown as data and calls will see best gains. He has a target of Rs 650 on the stock next month.

Future is in the past?
Value investor Arun Mukherjee shares a very interesting insight for those who keep looking for new multibaggers. “Often your past multibaggers will be your future multibaggers. The worst mistake is to perceive it to be overvalued and move on to something inferior with hopes of multifold returns only to be disappointed.”

In a long thread, Mukherjee came out with some interesting observations on picking winning ideas.

Investing Gems
Microcap investor Ian Cassel never fails to delight fans with investing gems.

Portfolio Management
Kalpen Parekh, president at DSP Mutual Fund, shared his all asset class portfolio

Stocks vs PPF returns
Parekh compared equity returns with that of PPF since 1997 and said the stock market failed to outperform in phases: 1997 to 1999, 1997 to 2005, 1997 to 2009

From Guru to Sanyasi
Independent market expert Sandip Sabharwal said bull markets make many “Investment Gurus” but bear markets make a lot of them “Sanyasis”.

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