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POSTED BY ON November 25, 2010 11:29 am ONE COMMENT
Hi friends, most people perceive reliance as “too big to fail” kind of business conglomerate such that investment in stock of this company will surely produce decent returns down the road say some 20 years or so. I perceive them to be a company which is growing mindlessly on all directions by consuming more capital without really contributing anything to shareholder’s wealth. what you guys feel?
Jagadees
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I am no exper on such matters. However, I think there are plenty of companies with better prospects and very good managements available in market. Investing is like being judge of beauty contest. So, if I need to select 10 companies for investment, why not select 10 most attractive out of the lot? RIL drops out of the consideration when evaluated in this manner. Hence, I do not hold RIL.