Hindustan Tin Works ......Position Sold Out

Dear Readers,
a couple of years ago I had written an extensive analysis on Hindustan Tin Works Ltd on my blog. You can go through that by clicking on the appropriate link in the blog. I wanted to let everybody know that I have completely sold out my position in the company since the company has increased almost 100% from where I bought. I had promised to provide you updates about my stocks when I sell them.

Best Regards,
Bargain Hunter

Housekeeping information......

Dear Readers,
In last few months I have got lot of request from people asking me to analyze specific companies in their portfolio or recommend them a buy or sell decision on companies they are planning to buy or sell. I want to make it clear that I enjoy reading comments from everybody but I do not make any buy or sell recommendation. I can definitely look at the companies you email me and comment on any knowledge that I might have about those companies but I will never comment on buy or sell decisions. Those decisions depend on lot of factors like total size of investment, average time period of holding and an investors risk apetite with equity markets. I have no knowledge about you guys and hence refrain from making any calls. I would encourage all of you to use this blog as a starting point for your research. Analyze the companies mentioned on this blog and then make your own buy and sell decisions. Also feel free to criticize my research and any errors that you might spot in it. I am a student of equity markets and always welcome constructive criticism and encourage knowledge sharing. Please do not get upset if I do not provide you with a buy or sell decision. On the contrary, I encourage all of you to keep mailing me. I respond to all the emails that I get. I may be running late on some responses but please bear with me. I have made it a point to reply to all the emails I receive.

Another house keeping item is the increased ads on this blog. People who regularly visit this blog might have noticed that the amount of ads have increased on this blog in last few months. This is just to support myself financially. If these ads are being obstrusive for you guys then I sincerely apologize for that. I can look at reducing some of them if that's what you guys recommend.

Finally on the current status of stock markets. As I have said before in my post I am not a macro guy and refrain from making any comment on the broad direction of indices. I am a micro guy and focus at company level. From the available public records I have not yet noticed any material change in businesses of some of the companies discussed in past on this blog. I continue to hold stocks like ANG Auto, City Union Bank, Sundram Fasteners, Gateway Distriparks and Hindustan Tin in my portfolio. If I sell any of these stocks I will post it on the blog accordingly. I am a long term investor and don't panic by short term fluctuations in the market.

As usual feel free to drop me an email at secmoney@gmail.com
Regards,
Bargain Hunter

What does it takes to be a super investor?

Dear Readers,
I found a very intereting article on web from Mark Sellers. This is a small speech he gave to some Harvard students. It's his analysis on what does it takes to be a super investor like Warren Buffet. The link to the article is provided below for your reference. Hope everybody enjoys reading it.

http://www.beearly.com/pdfFiles/Sellers24102004.pdf

Regards,
Bargain Hunter