Wednesday, December 21, 2005

Updates coming soon...

After a long hiatus, I have decided to start updating this blog again.

A lot of interesting things have happened after my last update -- for one, the Sensex has gone up by about 30% within a span of ten months or so -- and my approach to picking shares to buy has changed, partly in response to the bull market.

I now have a new criterion for selecting stocks -- the old one was turning out to be difficult to sustain, what with most of the stocks catching the fancy of the market, and I had to fine-tune my criteria to keep my value watch-list from drying up -- and it looks promising so far. I have been buying stocks all along, of late using the new criterion to spot the low-priced ones.

I have also come around to the view that it might be a good idea to publish the names of the stocks I buy, albeit after a sufficiently long "cooling off" period, so that I can easily keep track of changes in their market values. I am thinking of keeping a scorecard of how my stocks did, updated once every 3 months or so. I would only name stocks that I bought at least six months earlier, in keeping with my views on the bad effects of publishing stock names.

More on these and other topics anon. Watch this space for more updates within the next day or two....

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