Annual Reports.... are YOU Reading ??

If you are a believer of the Fundamental Analysis, like myself, I am sure the company's Annual Reports are your regular reading materials. I must say that at the beginning, the usually thick Annual Report looks quite intimidating, but after reading through a couple of them, you will get the hang of it and know which are the section to focus and which are the section to ignore. Unlike reading a novel, there is no need to read the Annual Report from front to end, unless you are paid to do so or really, really, really like to read the Annual Reports (like Warren Buffett).  

Building A Watchlist ....

As you know, I have been investing for a long time and have gained experience with many of  my trades and investments in the market, but I would like to share how I built up my watchlist of around 34 companies which I follow.

So to start off, I look at the NSE Nifty, the blue-chips in India. I personally am not the most supportive of banks. Banks because I think that they're earnings are hard to gauge and that there's no real bottom when they start to fall, so I'll look at them only during depressions to see how they fare.