ICSA is a chalaaved scrip in the words of my analyst friend who recommended ICSA long time back. But which scrip is not?? Any scrip that has given the returns close to what ICSA has given on a year to date basis is chalaaved. But these are the scrips where you make money. RNRL, Essar OIL, Rel Power, Rel Energy, RPL have all been openly chalaaved. Reliance Power IPO money has been invested in mutual funds. Can you beat that???That must be the most ingenious and largest collection by a mutual fund in the history of time. I know a few fund managers who DONT invest their personal money in stocks. They prefer FMP products. Why? Because they have seen company operations very closely and know their shady dealings and are too scared to invest their own money in them. The point is that as long as you make money in the stock market based on your own judgement, nothing else matters. If you loose that too teaches you a lesson and improves your judgement. Cheers. Buy ICSA.
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