Capitalmind
Capitalmind
Actionable insights on equities, fixed-income, macros and personal finance Start 14-Days Free Trial
Actionable investing insights Get Free Trial
Premium

We Add a Telecom Stock to our Long Term Multicap Portfolio

Premium-Image.png

We tend to see markets overvalue and undervalue companies all the time. The crowd is not wrong other than at extremes. This applies both to the higher extreme when we see companies being valued too richly, as well as the other extreme when companies are given up for dead even when they have substantial assets and a business that continues to grow.

One such sector that has been given up for dead is Telecommunications. India’s oldest and largest player – Bharti Airtel is now valued at less than 2 times book – something that has not been seen in . . .

Like our content? Join Capitalmind Premium.

  • Equity, fixed income, macro and personal finance research
  • Model equity and fixed-income portfolios
  • Exclusive apps, tutorials, and member community
Subscribe Now Or start with a free-trial