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Showing posts from March 7, 2017

RABITS vs TORTOISE

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  Four stocks (ARVIND,ESCORTS,TVSMOTOR &VOLTAS). had broken out in the same period (between 2013 last quarter to 2014 first quarter)  and almost same price (between 85--95) . At that time of 2014 beginning, I had a conviction  that all the four will reach sub 500 in the medium term perspective After 3 years, now this is the period to learn a lesson from the above presumption, Out of four, three stocks moved rabbit like move but not able to reach the sub 500 level till now.   B ut ESCORTS moved  like tortoise and now at sub 500 level.  So the lesson is whoever moved fast at the beginning, they may become tired in the middle of the journey itself  before reaching the expected  destination .