Sinewave Securities

Pharma sector is a mammoth among the healthcare spectrum with the presence of a number of players from generic to non generic, formulations to APIs, CDMO to CRO, biologics and biosimilars. Each sector has a few players competing among themselves to get a chunk in growing markets. I have tried to cover the basics about healthcare sector in   https://www.sinewavesecurities.com/2022/06/healthcare-mamoth-among-moles.html Do give it a read for the basics.   Here I have taken examples of few companies, study their financials and business model and try to enhance “circle of competence”. DRL -25/25/25 ! Dr. Reddy's Laboratories Ltd is a leading India-based pharamceutical company which offers a portfolio of products and services, including Active Pharmaceutical Ingredients (APIs), Custom Pharmaceutical services (CPS), generics, biosimilars and differentiated formulations. Global Generics Segment (~80% of revenues): This is the main business of the company wherein it off...

A much talked about book on social media, “ The Almanack Of Naval Ravikant: A Guide to Wealth and Happiness ”, collects and organizes the ideas of Naval, an entrepreneur, angel investor, computer science and economics student and brutally honest individual. Collected from tweets, podcasts and blogs - The wisdom of Naval is compiled in the book. I have summarized and condensed the major ideas and quotes from the book. Part 1 Wealth -How to get rich without getting LUCKY? "Getting rich is knowing what to do, with whom to do." Naval suggests : You ought to own equity. All the gains in life come from compound interest. Specific knowledge to be gained -cannot be outscored or automated. Leverage is forced multiplier for your judgment. Capital, Codes and Media - Let them work for you. PRODUCTISE YOURSELF. Play Long term games with long term people - Compounding works - Reputation, Wealth or relationship. Only 1% of the things are useful. Accountability does come wit...

A short, sweet and simple read of less than 150 pages covering the journey of Nicolas Darvas, how back in 1950s he made $ 2000000 from the stock market. It does not give you any secret sauce to succeed but provides the mindset and discipline to become a successful trader. He received the stocks of Brilund after performing in a nightclub and earned a few quick bucks which attracted him towards the stock markets. From thereon he got that fascination and perceived markets as some quick buck printing machine. The book is divided into 10 chapters each showing a significant phase from his trading journey, Chapter 1 covers from being a newbie relying on brokers tip and running behind the “next big thing” to losing a significant portion of his capital. In Chapter 2, how he got to learn some of the basics about the market terminologies, filtering out information, filtering out stocks on the basis of “fundamentals”. He made his own rules after some reading like never follow advisory services...