People want fancy investing ideas to make money.
Though I’ve made big money on boring & ‘traditional’ businesses like ONGC, ITC, etc.
Nobody was buying these quality businesses even at dirt cheap valuations.
Without ITC, where would all the smokers go? It’s that simple.
Without ONGC, from where will major oil come? Half of the Indian vehicles would not be on roads if it were not ONGC. It’s that simple.
Great businesses at great valuations make money for investors.
Try to keep investing simple.
