common sense investing

Continuing with the process to choose/select a stock which can over a period of time create wealth for an individual there is another example i would like to give:Bharati Airtel.As the mobile telephony market picked up in India it was obvious to anybody walking down the street that mobile telephone users were growing in leaps and bounds.People started putting their mobile telephone numbers on their visiting cards and it was enough to get in touch with another person at any point of time.Bharati Airtel from quoting Rs.30 three years back is now trading at Rs.450.Astounding for a company that has not paid any dividend so far.A 10 bagger in three years.This is the sort of scrip that can create real tangible wealth for the individuals.

People would come to the conclusion that it is easy to say all this in hindsight.Believe me all this keeps happening right in front of our eyes on a daily basis.The most important is to keep the looking in our daily life-After all these companies are selling their wares to the larger population on a daily basis.The only caveat check out the quality of the promoters and their track record.

More fundamental value investment ideas will be posted soon.