Markets

Tweet Buster: Learnings from 2018 and debate over Buffetts holdings

NEW DELHI: A sudden rally on Wall Street on Thursday after previous sessions big crash helped stock markets across the world, including India, heave a sigh of relief during the week gone by. Now the question is, will 2018 end with a bang? Chances are undeniably high.

As we step into the New Year, there are signs of trade wars ebbing, and that might give the bulls an adrenaline rush. This time, the bearer of good news for the markets turned out to be none other than US President Donald Trump himself. He took to Twitter on Saturday to tell the world that a US-China trade deal was moving at a desirable pace and that good progress has been made. If that's not food enough for the bulls, I wonder what is?

Just had a long and very good call with President Xi of China. Deal is moving along very well. If made, it will be… https://t.co/CwXACOQMkC

— Donald J. Trump (@realDonaldTrump) 1546099382000

As the calendar year comes to a close, top names on Dalal Street are busy sharing their learnings from 2018 and what 2019 may hold for them.

Safir Anand says while 2018 was about moderate return expectations, 2019 will be a good year of real return from stocks.

Shyam Sekhar of iThought feels 2018 reinforced all the convictions that he holds.

I loved every moment of 2018. It reinforced @ithoughtadviser 's long held conviction 1. That simple Buy & Hold wil… https://t.co/tjJ0L0pqMP

— Shyam Sekhar (@shyamsek) 1546143859000

Sekhar also carried out an interesting poll this week. Take a look:

Just wondering about this question. Let us put it to poll and let a good sample play judge. In 2019, if we were t… https://t.co/uf8qWrdG0Y

— Shyam Sekhar (@shyamsek) 1545991042000

Tipping investors on contra investing, Sekhar said 2019 will be about new themes and the ability to think differently from the crowd will be the key.

Few people bet on tech & FMCG at the start of 2018. By end-2018, consensus is on consumption. The big performers… https://t.co/nYegNeQaY8

— Shyam Sekhar (@shyamsek) 1545969898000

Sekhar thinks the biggest mistake people committed in 2018 was that people took multibagger stocks for compounders.

The biggest blunder i saw happen thro 2018 in #markets is people mistook #multibaggers for #compounders. Most lost… https://t.co/lkecSC8yp0

— Shyam Sekhar (@shyamsek) 1545875579000

As for the current market scenario, market veterans have varied perspectives on whats really making it big out there.

a. Vijay Kedia

As I always say there are 3 important factors to be successful in the mkt. Knowledge, Courage and Patience. Out of… https://t.co/wNEd44TkKB

— Vijay Kedia (@VijayKedia1) 1545549458000

b. Radhika Gupta, Edelweiss

There is no plan to go from 1 to 100. You go from 1 to 2. And 2 to 3. And by the time you reach 10, you learn h… https://t.co/bIgiSrNBik

— Radhika Gupta (@iRadhikaGupta) 1546059257000

c. Basant Maheshwari

This market has no participation. People have waited to buy 5% lower. The chances of the rally stopping are small.… https://t.co/Wayh3EnwwA

— Basant Maheshwari (@BMTheEquityDesk) 1546079379000

And how can we not mention the image doing the rounds on Twitter in which Helois Capitals Samir Arora is delivering a lecture, with the caption hinting at a mismatch between what legendary investor Warren Buffett preaches and what he practises. It said he held only 20 per cent of his stocks for more than two years, which goes against his preachings of holding stocks for the long term.

This kicked off a kind of debate on Twitter.

Buffett: facts Vs belief by @Iamsamirarora https://t.co/9OPa52tzge

— Safir (@safiranand) 1545962103000

Arora later clarified his stance, saying the point he tried to make is something else.

Actually this conclusion is wrong. The issue here is whether one gets only 20 punches ie should only buy few stocks… https://t.co/qWT4YeJDUc

— Samir Arora (@Iamsamirarora) 1545976166000

No one can pull down WB. He is a legend .I hv owned shares of BRK for long and still do His writings dont match hi… https://t.co/OaeI1aPmxJ

— Samir Arora (@Iamsamirarora) 1546127650000

But Shankar Sharma latched on to the debate and went for Team Arora, saying Warren Buffett "bolte kuch hain, aur karte kuch" (he says something and does something else). Is that so?

For this, I shall remain be a Samir Arora fan all my life. Warren Saab bolte kuch hain, karte kuch aur hain. https://t.co/ZQYQ2LMhQC

— Shankar Sharma (@1shankarsharma) 1545938402000

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