AGR verdict and implications on Telecom cos – Aurum Capital Notes
On 1 September 2020, the Supreme Court of India announced the verdict on AGR, allowing staggered payments over a 10-year period to telecom operators. This document provides a summary of the verdict for a layman. Aurum Capital views the resolution positively.
Regards,
Investment Advisors Department,
Aurum Capital
SEBI Registration No: INA000011024
Website: https://aurumcapital.in/services
Market View – Aurum Capital Aug 25 2020
A to Z of Value Investing – Jiten Parmar with Elearnmarkets – Aug 2020
Updated Aurum Capital yearly performance: as on 19 Aug 2020
We published the performance note on the 2nd anniversary of Aurum Capital.
Some of you suggested to include the assumed returns from the cash we were holding the portfolio and also include the performance during the first year. We have included both the performances.
The performance indicates our focus on value investing while protecting the capital along with patience and conviction. During this period, we did not panic and tried to help our subscribers wading through this tough time.
We stayed the course and our subscribers are now reaping the benefits of the resilience of the portfolio which has significantly outperformed all the relative benchmark indices across all periods.
A note about our performance measurement practices and recommendations:
- Our model portfolio remains the same as displayed on the screen for all starting from the beginning.
- We include all exits to arrive at our performance. We do not remove/hide any stocks exited by us even if we have booked any losses.
- We take the weighted average price of the recommendation. We do not and will never take the lower price of the band while calculating buy. Similarly, we do not and will not take the upper price of the band while calculating gains for the exit. This, we believe, avoids any bias for artificial gains. It rather reflects performance close to reality. We never try to manage our performance. It is as is in black and white and mostly tilted to benefit the subscribers.
Our performance note of 2nd Aug 2020 with the current market view
Aurum Capital yearly performance note and current view: Aug 2020
Regards,
Investment Advisers Department
Aurum Capital
SEBI Registration No: INA000011024
Investment Advisers Department
Aurum Capital
SEBI Registration No: INA000011024
Aurum Capital yearly performance note and current view: Aug 2020
This is the performance note sent to our paid subscribers on the 2nd anniversary of Aurum Capital.
Happy Investing
Regards,
Investment Advisors Department, Aurum Capital
SEBI Registration No: INA000011024
Website: https://aurumcapital.in/services
Aurum Performance
Some of you asked to include the performance for 1st year and some suggested to include assumed liquid fund returns against cash we were holding. We have done both and here is the performance for 2nd year, 1st year and YTD.
Aurum Capital yearly performance note and current view: Aug 2020
Jiten Parmar – Contrarian Investing in Cyclicals – TIA – Aug 1, 2020
It was fun to present this at a TIA online event on Aug 1, 2020.
This is related to contrarian investing, especially in cyclicals. How one can try to evolve a strategy of when to invest in these stocks and importantly, when to exit. With case studies and also a current view on different sectors
-Jiten Parmar
How to avoid common mistakes and uncommon losses | Niteen S Dharmawat | CFA Society India
Here is the video link of the presentation by Niteen S Dharmawat made at CFA Institute in Mar 2020. Time: 126mins