Stock story V : Veblen Goods



Veblen Goods
Veblen goods: The goods those become more desirable as they get more expensive.
Named after Thorstein Veblen, a Sociologist who invented the concept in 1899.

Would it not be desirable to buy a company that is the owner of a Veblen Goods Brand.
And that too its is Indian, 
one of the rare instance where an Indian company is the owner rather then the other way round.
This large cap has the potential to be the stock story of the decade.

Comments

  1. greetings dr. shah,

    could you plz elaborate on the stock and the story..

    regards
    ravjeet singh
    ravjeetsingh@yahoo.com

    ReplyDelete
  2. Dear Ravjeet,
    Thanks for reading the blog and your inquisitiveness.
    If I reveal the stock bluntly the fun of the learning process will go away.Do make some attempt,
    If you wish you could also read my other blog, doctorcassandra.blogspot.in
    while this a general blog, Doctorcassandra is dedicated to the stock market and Economics.

    ReplyDelete
  3. Dear Dr. Shah,

    You can provide some more hints to find out about this company..as like sector, product or anything else..

    regards
    ravjit singh

    ReplyDelete
    Replies
    1. Not one but two companys,
      broadly in the same sector.
      One company has products which even in todays recession has a waiting list.
      The other company has an Indian subsidy which is loss making.

      Delete
  4. thats too far for me to guess...
    in my surroundings waiting list is either for Honda Activa, Royal enfield or some Mahindra or Walkswagen car... infact there is some waiting for Micromax new phones as well...

    further hints would be more useful..

    thanx
    ravjit singh

    ReplyDelete

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