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.
greetings dr. shah,
ReplyDeletecould you plz elaborate on the stock and the story..
regards
ravjeet singh
ravjeetsingh@yahoo.com
Dear Ravjeet,
ReplyDeleteThanks 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.
Dear Dr. Shah,
ReplyDeleteYou can provide some more hints to find out about this company..as like sector, product or anything else..
regards
ravjit singh
Not one but two companys,
Deletebroadly 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.
thats too far for me to guess...
ReplyDeletein 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