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Must read this honest confession of a value Investor for LONG TERM

" I retired from my 35 years Services in 2006 and received Rs. 60 Lakhs from my Company towards consolidated Retirement benefits. That was the time when I came in contact with a Leading Share broker and Investment Advisor . Influenced by his LONG TERM VALUE INVESTING THEORY IN GREAT STOCKS OF EQUITY MARKETS ,then sit tight , forget the investments for a few years - to SEE THE REAL GROWTH , I made a " S.I.P. type " buying in the Shares of following BLUE CHIP Companies, investing Rs.10 Lakhs in EACH Stock as and when recommended..(total savings INVESTED Rs.80 Lakhs). 1. Year 2007 : RELIANCE COMMUNICATIONS @ Rs.730.00 a share. "Reason "given: Largest investor/ fastest growing in the Telecom Sector. 2. Year 2008 : VIDEOCON @ Rs. 755.00 a Share. "Reason": Largest Player in Electronics with their TV and other Products finding a place in most of The Indian Homes and tremendous Growth Potential of Consumer Goods. 3. Year 2009: JP ASSOCIATES @ Rs. 260 ...