For example, I intend to sell Yes Bank only in 2010 onwards when their branch expansion (150 from 40 Currently) will be achieved or sell NTPC only in 2012 or so when their capacity expansion plans (doubling from around 27K MW currently to around 50K MW) will be achieved. But then, I may not sell at all if they continue to do well and I gain further understanding of the businesses. Similarly, I have no set target for Reliance, Infosys & Mindtree. I may not sell any of my holding at all. Companies like Infosys & Reliance have been generating substantial wealth for shareholders year after year. Force majeure situations at personal front, will of course, make me review this stand.
So this is my very simple buy & hold strategy. Or let me say that I don't purposefully want to learn 'when to sell', for now !!!



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