TIA 20-20 : Stock Taking

As I gear up to attend TIA’s Bullet proof Investing on coming Saturday 9^th Sept 2023, I was reflecting on the immediate past event – the 20-20 event that happened on 18^th Feb 2023. 

Tamilnadu Investors Association (TIA) is India’s first investor associations - way back in 1989. it is one of India's finest associations imparting knowledge on regular basis. They conduct two mega PAID events every year : 20-20 being one and Bullet Proof Investing is another. Both events happen in Chennai – on national, if not on international standard. For me, it is like PILGRIMAGE TO OMAHA - to attend Warren Buffet's BERKSHIRE HATHAWAY AGM.

20-20 is an event in which 20 Investors / analysts come and share their investment thesis for 20 minutes each. Hence the name 20-20. The main take away for investors is – they can learn how to approach in analysing – rather than buying a stock blindly on hear say. And if at all one invests, they need to do their due diligence before investing.

And Bullet Proof investing is an event where in veteran investors – who have proved themselves – share their rich experience. Unlike 20-20, there are usually 6 speakers in the Bullet Proof Investing Seminar.

While it is a paid event – the ideas shared there are immediately / instantly tweeted by ‘good hearts’. And in stock market – all that investors want is TIPS. As a result, the points discussed there become open secret. 

But the real objective of such meeting is to make investors involve in evolving an investment process and stay invested for long term.

20-20 Stock Analysis:

This calendar year’s 20-20 event happened on 18^th Feb 2023. On Monday – 20^th Feb 2023, Sensex was then 60691. As of 6^th Sept 2023, while composing this article, Sensex is 65650. On Sensex, that’s a gain of 4959 points or 8% gain. 

But the portfolio of stocks discussed in 20-20 event on 18^th Feb 2023 has already gained by 51%. And some of the ideas discussed are real DIAMONDS. Out of the 20 stocks, 3 stocks did not fire up. All other have rewarded investors decently.

Moral for investors here is:

• Investors need to put in time and efforts to understand the companies they invest in.
• In this internet age, many investors get lured by Youtube for quick money. They are not ready to do the homework – understand the company, gain conviction and then invest.

• While looking at the list above – it is easy for investors to identify those companies that gave good returns. And many of them would prefer to avoid companies that gave negative returns. But in reality, we know the results only in hindsight. No one – not even the presenter of these investment ideas would have imagined the results. In stock investing, the participation in a companies growth is much more important. Profits are often by-products of this investment journey.
• There is little use in just getting to just know the stock ideas. The real real benefit can flow through only if you invest in those ideas in which you have gained conviction. But to gain conviction you need to spend time in attending such seminars. 
• Now, some may think – IS IT WORTH THE TIME?. Taking a day off and attending such events  - that too a paid event - may sound like WASTE OF TIME AND MONEY. But the results speak for themselves. I leave it to the readers to decide on the worthiness part.

To conclude – You donot need an invitation to make money. If you wish to make it, you need to be open minded and be willing to learn, invest and benefit.