SMIC Report 2018: Investment Dairy - Team Shaktimaan

Verma, Yash and Khattar, Nimisha and Danda, Hemanthi and Srivastava, Apoorv and Abhyankar, Tushar (2018) SMIC Report 2018: Investment Dairy - Team Shaktimaan. Project Report. T. A. Pai Management Institute, Manipal. (Unpublished)

Text Shaktimaan_Final-report.pdf Restricted to Registered users only Download (2MB)

Abstract

“You must thoroughly analyse a company, and the soundness of its underlying businesses, before you buy its stock; you must deliberately protect yourself against serious losses; you must aspire to “adequate,” not extraordinary, performance.” Benjamin Graham Team Shaktimaan was guided by our philosophy of generating capital growth by investing in a diversified portfolio of fundamentally strong companies and taking positions using technical indicators. The team was given a corpus of INR 1, 25, 000 to invest in common equity for a horizon of 3 months (starting 2nd week of December – 1st week of March). Trading in derivatives, commodities, currencies, foreign exchange was prohibited. The basic goal of the course was investment and not speculative trading. We believed in systematic investment and hence liquidated our stocks either when they reached their estimated target prices or when they reached their stop loss levels. There was no churning in the portfolio throughout the duration of the course, we held the assets till final week. The biggest learning for the team can be summarized in just one quote of Warren Buffett “Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.”

Item Type:	Monograph (Project Report)
Uncontrolled Keywords:	SMIC Report 2018; Investment Dairy; Shaktimaan; Class of 2018
Subjects:	Finance
Divisions:	Finance and Strategy
Depositing User:	Mr. Muralidhara D
Date Deposited:	27 Nov 2018 04:32
Last Modified:	27 Nov 2018 04:47
URI:	http://tapmi.informaticsglobal.com/id/eprint/476

Actions (login required)

View Item

Downloads