At Beowulf, despite the decent results we have been cornering, we have decided it is time to step up the game and we will be intensifying the amount of research that we are doing and to post it on the blog.
Our AUM is growing at a very healthy pace and our returns while not spectacular has been compounding steadily and been giving fitful sleep at night.
We are not neither worried, bothered or irritated by the market going up so much. While the opportunities are not plentiful as they were several months ago, we are finding decent opportunities and are happy sitting on an ever growing big pile of cash.
It is a first class problem to have.
Our concentrated book in India is now with five names only. We are highly dependent on the underlying business performance of these companies over the next five to ten years in order to make a decent killing over the market. We are not worried what the everyday stock price is doing but it does not bother when they go up too much too quickly.
We are not good sellers of the stock....
Instead, we have decided that our hurdle rate and the standards have to go up in times like this when our cash pile goes up so quickly and that is precisely the reason why we are planning to intensify the research that we are doing at Beowulf.
Any new idea must be a killer one to get us interested!!!!
Our AUM is growing at a very healthy pace and our returns while not spectacular has been compounding steadily and been giving fitful sleep at night.
We are not neither worried, bothered or irritated by the market going up so much. While the opportunities are not plentiful as they were several months ago, we are finding decent opportunities and are happy sitting on an ever growing big pile of cash.
It is a first class problem to have.
Our concentrated book in India is now with five names only. We are highly dependent on the underlying business performance of these companies over the next five to ten years in order to make a decent killing over the market. We are not worried what the everyday stock price is doing but it does not bother when they go up too much too quickly.
We are not good sellers of the stock....
Instead, we have decided that our hurdle rate and the standards have to go up in times like this when our cash pile goes up so quickly and that is precisely the reason why we are planning to intensify the research that we are doing at Beowulf.
Any new idea must be a killer one to get us interested!!!!
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