Weekly Fin-Fun Newsletter #90

Financial Planning Simplified , SOTW, Markets, Daku Travels, Flying Charts and more...

Aug 06, 2023

“The trick is when you find a great stock, when you find this great value is to back up your truck, buy a truckload of that stock because when that does well, that's when you would become seriously rich. So if you want to become Warren Buffett, you need to be able to back up the truck and bet high on your conviction,” - Ramesh Damani

On this Friendship Day, I raise a toast to each one of you, my incredible friends. May our friendship continue to blossom and flourish, bringing happiness, love, and positivity to our lives. Here's to many more years of laughter, support, and unwavering camaraderie! 🍺🍻🥂🍷🍸🍹🧉🍾

#FinancialGoals

Financial freedom means living without constant financial worries. However, it's essential to recognize that unexpected challenges can arise. True financial freedom comes from having the understanding and resources to manage such situations confidently.

Markets

Apart from Bank Nifty all are in the buy zone.

Some good Mid-Cap and Small Cap Funds

Stock of the Week

Speciality Restaurants - CMP 221

The company entered the restaurant business by setting up Only Fish in 1992, followed by Main Land China, in Mumbai in 1994. SRL is one of the largest fine-dining restaurant chains in India. The company launched its IPO in 2012.^[1]

KEY POINTS [ edit ]

Brands
Company’s flagship brand, Mainland China, is one of the most recognised home-grown restaurant brands in India. It has remained one of the most favored and popular Chinese fine dining restaurant chains catering to the Indian taste buds.
In the confectionery business, sweet bengal is an established brand- With 30 outlets, it is the only chain serving authentic Bengali sweets and Bengali snacks in Mumbai and Pune.
The other brands, Asia Kitchen by Mainland China, Riyasat, Barishh, Episode One, Hoppipola, Oh! Calcutta, and Cafe Mezzuna have also a strong market position in the respective categories. ^[1]