Bias and Influence in Action. Jordan Belfort (fictional) sells a Penny stock

Came across an interesting tweet today

The sale starts from 2:50 into the video.

“Hello John. How are you doing today? You mailed in my company a postcard a few weeks back requesting information on a penny stock…”

Make them come to you. Don’t sound desperate, like a travelling salesman. Set the “seller’s market” frame, from a “buyer’s market”. Make them come to you. Continue reading “Bias and Influence in Action. Jordan Belfort (fictional) sells a Penny stock”

Packaging and Waste Management. The co-dependence.

In the US, lifestyle can seem wasteful (unless you live Oregon or such hippy state). Some instances of gratuitous waste that i’ve witnessed in NYC:

  • Single toothpicks are packaged in restaurants.
  • Tissues and utensils are served with every meal in more quantities than required.
  • 3$ Snapple in glass bottles (are they re-cycled?)
  • Use and throw coffee stirring sticks are imported from China and made from tree bark.
  • Vaccuum engines to clean subway tracks

Little wonder private companies like Waste Management Inc (NYSE: WM) can generate over 20 percent in ROE and have a wide and enduring moat. Continue reading “Packaging and Waste Management. The co-dependence.”

Speciality Restaurants: Narrative Bias and the need for a focussed strategy

This post is not buy/sell/hold advice. Please see the disclaimer at the end before reading further

Speciality Restaurants Ltd, the owner of the popular Oh! Calcutta, Mainland China: Asia Kitchen and Hoppipolla brands is going through bad times.

2012 was its best year – when it went IPO. Things have tumbled downhill.

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Continue reading “Speciality Restaurants: Narrative Bias and the need for a focussed strategy”

D-Mart IPO: Business Quality Premium or Smart Timing?

This post is not buy/sell/hold advice. Please see the disclaimer at the end before reading further

With all the hype around it, the D-Mart IPO sounds like a noisy baarat plodding through Dalal Street. The promoter of D-Mart is R. K Damani, who is a stock market heavyweight. The legend goes on to say that back in 1992, R.K Damani was shorting the stocks that Harshad Mehta was buying.

R.K Damani has since done the unthinkable: quit the stocks markets and entered the gritty world of retail business. Today Damani’s Avenue Supermarts, the parent of D-Mart, runs brick and mortal retail stores selling mostly Food and Beverage categories that generates 23% ROE.

Continue reading “D-Mart IPO: Business Quality Premium or Smart Timing?”