Tweet Buster: Is it time to cash out your investments? Plus, stock picking tips from Ian Cassel | Economic Times - Jobs World

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Saturday, November 14, 2020

Tweet Buster: Is it time to cash out your investments? Plus, stock picking tips from Ian Cassel | Economic Times

NEW DELHI: As the stock market has defied gravity by bouncing back to record highs this month from its March lows, market mavens seem more concerned than impressed as many believe the valuations have reached sky-high levels and a correction might be imminent.In today's edition of Tweet Buster, top investors share their market projections, how to pick the right stocks and tide over the market volatility.iThought co-founder Shyam Sekhar cautioned investors against gravity-defying valuations. He told investors to reign in their greed during such situations else there might be a high price to pay for it. 79229872However, value investor Ravi Dharamshi doesn't believe that the market is poised for a crash. He believes that four conditions, namely high valuations, high corporate profits, high leverage unprecedented gains should be met for the market to top out. But for now, he believes that one-fourth of these conditions are met and that too partially. 79229874For a novice investor, independent market expert Sandip Sabharwal has a quicker and easier check for figuring out when to buy or sell in the market.Sabharwal says the best time to buy in the market is when you are feeling scared. And the best time to sell is when you are sitting on big profits fearlessly. 79229876For Aveksat co-founder Aveek Mitra, every investment always boils down to value investing. He believes it doesn't matter if you buy a largecap or a smallcap, all it boils down to is what was your initial investment and what's the return within that period. 79229882But how does one pick these right stocks?Microcap founder Ian Cassel has just the right answer for it.Cassel says he buys one-third position in a stock after his research, adds another third after talking or meeting with management and the last third if the management does even 25 per cent of what it says it would. Cassel says the process is long and time-consuming but his best stock picks are the ones where he is forced to pay up for the third portion. 79229886Cassel also believes that sometimes the best stocks are the ones that have a sell rating on them. "Successful investing means doing your own work and coming to your own conclusions," said Cassel in a tweet. 79229889Lastly, Cassel advised investors to not pile up bad bets in a bid to average losses, rather focus on bets that are executing. 79229894

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