Shuchi Nahar's Weekend Blog!

Understanding the Basics Of Media Sector - Part 2 Shuchi. P. Nahar This blog is in continuation  with the previous blog post , link to my previous article :  https://myweekendspot.blogspot.com/2020/03/understanding-media-sector.html  This article will help us understand the core metrics to track , various moats and most importantly checklist to follow before you dwell deep into the media sector.   OutLook for Media Industry in India The world has recognized the fact that India offers a huge market which is extremely diverse and spans across virtually every type of media. Despite the current vibrancy and strong progress, the growth story is far from peaking. Advertising spends as a percentage of GDP in India are still relatively low.  Further, the uptick in wireless broadband connectivity and infrastructure seen alongside the country’s predominantly young demographics presents a vast new opportunity. According to a PWC report, ‘Globa...

Understanding the Basics Of Media Sector - Part 1 Shuchi. P. Nahar Companies in the media sector offer ample opportunity for great term investment gains , but successful investing in media stocks takes more than just picking the next hit TV show, predicting the next blockbuster movie, Or finding a new best selling book. Of the two dozen media companies that we follow, only some of them have economic moats. The key is to identify those companies that will continue to grow consistently and churn out lots of cash for years to come. Many companies in media sector benefits from competitive advantages such as economies of scale and monopolies, which makes it easier to sustain excess profits for long periods of time. The strong showing in the media sector can be traced to a number of factors, but we will argue that the two most important factors are appealing economics and significant competitive advantage. Differentiated and focused products give media firms competitive advanta...

This blog is in continuation with the previous blog , this blog contains the further chapters from one of the must read books. Here is the link to my previous post  https://myweekendspot.blogspot.com/2020/02/the-most-important-thing-by-howard-marks.html Shuchi.P.Nahar Chapter 11 Contrarianism There’s only one way to describe most investors: trend followers. Superior investors are the exact opposite. Superior investing, as it requires second-level thinking a way of thinking that’s different from that of others, more complex and more insightful. By definition, most of the crowd can’t share it. Thus, the judgments of the crowd can’t hold the key to success. This is the core of Warren Buffett’s oft-quoted advice: “The less prudence with which others conduct their affairs, the greater the prudence with which we should conduct our own affairs.” He is urging us to do the opposite of what others do: to be contrarians. The logic of crowd error is clear and almost mathematical:...