Reading Time: 3 minutes Source link | Twitter Profile | RC Capital Management Recently, I tweeted about the negative free cash flow following half-jokingly. This post on negative free cash flow is in response to comments from investors and analysts where they raise a red flag on a company with negative free cash flow, without further analysis. What’s free […]
The Momentum mindset | Value Investor India
Reading Time: 3 minutes Source link | Twitter Profile | RC Capital Manegement From my recent note to subscribers I have spent the last 9-12 months digging deeper into other approaches to investing. I have read up on the momentum style, technical analysis, trading, options and more. The reason was to understand how other investors think It is easy […]
Survival is the ultimate prize
Reading Time: 2 minutes Source link | Twitter Profile | RC Capital Manegement It seems ages since I wrote the following comment three months back How does one invest under such extreme uncertainty? One option is to assume that there will be a quick recovery and go all in. The other extreme is to wait till it is all […]
Basket Bet | Value Investor India
Reading Time: 3 minutes Source link | Twitter Profile | RC Capital Manegement I wrote the following note to my subscribers on a recent position we have initiated. Specialty chemicals and Pharma is currently among the few sectors which have caught the fancy of the markets. I think these sectors do have the […]
Throwing in the towel
Reading Time: 2 minutes Source link | Twitter Profile | RC Capital Manegement -2% -28% -48% This is what you have lost in the last three years if you invested in nifty 50 (large cap), Nifty Midcap 100 and Nifty Small cap 100. Even these numbers understate the actual losses. Large caps appear to be a safe haven, but […]
Regret minimization | Value Investor India
Reading Time: 4 minutes Source link | Twitter Profile | RC Capital Manegement I shared a framework in the previous post on how I am analyzing my current positions to evaluate the risk. Some of the companies in the portfolio have applied for a debt moratorium which if accepted, reduces risk for the company. At the same time other […]
Stress testing the portfolio | Value Investor India
Reading Time: 2 minutes Source link | Twitter Profile | RC Capital Manegement < Company names and details of the same have been removed> To all subscribers, I have been asked about the impact of the ongoing epidemic (Covid19) on our portfolio companies. I have been doing this analysis and this note is to describe the process. This is […]
How do I execute ?
Reading Time: 2 minutes Source link | Twitter Profile | RC Capital Manegement To all subscribers, I have been emailed variations on this question – What, when and how much should I buy based on the model portfolio? Before I share my thoughts, let me share a few pre-conditions Please ensure that you […]
Actions in the Fog of War
Reading Time: 3 minutes Source link | Twitter Profile | RC Capital Manegement From my recent note to subscribers, To all subscribers, I have been writing to all of you for the last few weeks as I became concerned about the Corona virus Epidemic by the mid to late Feb when our small […]
Economic sudden stop | Value Investor India
Reading Time: 2 minutes Source link | Twitter Profile | RC Capital Manegement I wrote this note over the weekend to my subscribers. This is a hypothesis based on how events have played out across countries. Things could get better, but the probability of that happening in the near term keeps reducing by […]
Tail risks | Value Investor India
Reading Time: 4 minutes Source link | Twitter Profile | RC Capital Manegement I published this note to subscribers on 12th March, just the day before markets went haywire. I was feeling that Indian markets were not pricing in the Tail risks. That has changed since then. We are now seeing extreme volatility in the markets now. ———————— I […]