This company’s Dividend yield is about 2.7% (now)….way higher than many
It was almost flat for a long time
But last year or two….it went up only in one direction
We just had some academic discussions on this stock with some of you during covid and later as well
Available for as low at ₹ 136 at low covid, now at ₹ 468 + all the tonnes of dividends 😊
Guess it?
Many times….We miss good companies for good prices
Many times…..We buy good companies at bad prices
We’re pretty good at buying bad companies for bad prices
ITC…..the company that runs on value
Was a value trap, if bought 10 yrs ago (10 year CAGR is about 7% as of today)
Was a value gap (stock), if bought 3 or 4 yrs ago
Understanding the difference between the TRAP & GAP, is a skill that not many have in this world
As always, many investors over estimate their SKILL and underestimate their LUCK 😊