Every time I look at my stock equity portfolio, I cannot resist classifying them beyond the conventional ways (Sector, Blue Chip, Punter etc. etc).
What follows now is one of those random segmentation take-offs that revolves around comparison between relationships with women and relationship with stocks.
What follows now is one of those random segmentation take-offs that revolves around comparison between relationships with women and relationship with stocks.
One-night-stand stocks
These stocks are dangerous opportunistic purchases. However, the thrill of making money on these is the greatest. These stocks offer great prices for a very short period of time and quickly bounce back to the earlier levels. A successful deal always leaves you with a very fond memory (smiles).
These stocks are dangerous opportunistic purchases. However, the thrill of making money on these is the greatest. These stocks offer great prices for a very short period of time and quickly bounce back to the earlier levels. A successful deal always leaves you with a very fond memory (smiles).
Flirting stocks
These are also opportunistic purchases but with much paraphernalia. These are not convincing stories from a medium-to-long term future but in the short-term outlook is great. Great enough for you to take the plunge and buy some. Let me clarify that these are NOT weak counters.. just that future earnings is not clearly and convincingly visible.
These are also opportunistic purchases but with much paraphernalia. These are not convincing stories from a medium-to-long term future but in the short-term outlook is great. Great enough for you to take the plunge and buy some. Let me clarify that these are NOT weak counters.. just that future earnings is not clearly and convincingly visible.
Serious affair
Most of the commodity / cyclical stocks would fall in this range. In the boom cycle your relationship with these stocks would be most rewarding. It would, at multiple occasions, make you believe that they should become marriage-able stocks. Much to your dismay, when supply side forces a down-turn, you will be forced to exit.
Even after exiting you will always cherish the great rewards that you had reaped with these stocks.
Most of the commodity / cyclical stocks would fall in this range. In the boom cycle your relationship with these stocks would be most rewarding. It would, at multiple occasions, make you believe that they should become marriage-able stocks. Much to your dismay, when supply side forces a down-turn, you will be forced to exit.
Even after exiting you will always cherish the great rewards that you had reaped with these stocks.
Marriage-able stocks
These are stocks that will remain in your portfolio for life (most likely similar to your spouses). However, your confidence in them would follow a pattern which is as straight as a sine-curve. They will test your patience, your courage, pretty much everything at regular intervals. Forcing you to re-think not about the stock but entire equity market altogether. (smiles)
Some examples – Ranbaxy, ONGC
And finally…
These are stocks that will remain in your portfolio for life (most likely similar to your spouses). However, your confidence in them would follow a pattern which is as straight as a sine-curve. They will test your patience, your courage, pretty much everything at regular intervals. Forcing you to re-think not about the stock but entire equity market altogether. (smiles)
Some examples – Ranbaxy, ONGC
And finally…
Mother like stocks
All loving, never disappointing, stocks. They only move up or at best consolidate. You always doubt entering them thinking that they have already run-up. But anytime is good time to enter into stocks like these.
Some examples - Reliance Industries, BHEL, L&T.
All loving, never disappointing, stocks. They only move up or at best consolidate. You always doubt entering them thinking that they have already run-up. But anytime is good time to enter into stocks like these.
Some examples - Reliance Industries, BHEL, L&T.
1 comment:
A second read of your thoughts makes it sound very convincing and do agree with you on the classification of your portfolio and relationship with the opposite sex.
The argument might hold true if one took a macro view of investments with different instruments being categorized differently ranging from “ One night” to “Marriage”.
While my limited understanding suggests that a balanced portfolio would have a mix of all types of stocks at all point of time, not sure if that is healthy in relationships .
Interesting to note that while a younger mans portfolio will probably veer more towards the one nightstand; the seasoned veteran will have a high portion of; if not married but serious affair stocks. That necessarily does not hold true for relationships or at least attitude towards relationships among men. Or does mid life crisis hit peoples portfolios too? :). In essence the two might not move in tandem when plotted on a time frame wrt to a single individual.
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