Long-term objective data analysis always shows up interesting facts.
The condition is that you have to leave your biases, proclivities, what you want to believe etc aside & just look at what the data tells you.
And this is what the data on manufacturing in India tells us.
Manufacturing is a big thrust area for us, as it should be...more so, as it drives job creation as well.
The long term data (from the World Bank) reveals some interesting things:
Yup 55 years ago.
The 5 years 2006-10. During this time, it was above 17% in 4 years, marginally below in one year.
In the last 5 years, it has compounded 2.5%...and the fall came pre-Covid.
For the growth of the economy as well as generating employment for our young people, it is important to focus on manufacturing alongside services.
Do let us know what you think.
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What prompts this mention is Intel's earnings report and the fact that First Global has had a pretty good bead on the company and its stock.
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Good team... Special mention @KarmathNaveen .. he is soo helpful anytime of the day or night..
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There is absolutely no doubt that she is one of the best investors of India in modern times but more importantly, she shares the most sincere and sane advice with retail investors.
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Sumit Sharma @MediaSumit
"The ability to be comfortable with being outside consensus is a superpower in investing...and in life." Devina ji hits the nail on its head!
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Congratulations @devinamehra mam! All the best for long term returns as well.
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This is the wonderful session I have ever attended till date. One of the most fruitful hour of my life. Devina madam, ur clarity on financial mkts is simply superb.The way u portray the facts supported by "data" about stock mkts is really astonishing.I will listen again.Thanks.
I loved to read your journey, insight and philosophy. It's a pleasure to read and know of your takes on market and life.
Check & follow @devinamehra's timeline for lots of post debunking such rosy stories. Also, she gives amazing 🤩 sector directions/hints.
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Good actionable insights, great article!
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Devina Madam is simply terrific... good knowledge, straight and simple thinking.
Very difficult to emulate such traits. I listen her past interviews from youtube.
One of the brightest minds in the world of finance :)
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Excellent performance. Flexibility is the key as you have mentioned it earlier also. Cannot have finite rules for infinite mkt opportunities.
To be honest, the insights which Devina madam brings in is very enriching..have learnt a lot from them...
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One of the most accurate analysts :) I always look forward to you interviews mam
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Madam, It is always a treat to read your insight, not only on business but on other topics also!!
Thanks for this wisdom ma'am. Always love hearing your thoughts on everything equity. :-)
Excellent points! Can clearly feel this thread is a product of marination of many books and years of experience. 👍
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