Past positions: Was earlier with an associate of Oppenheimer & Co, and on the sell side with Indosuez W. I. Carr and Motilal Oswal Securities.
Investment mantra: Make money.
Best call over the past few months: Power equipment stocks.
Worst call over the past few months: Tried to be contrarian in textiles stocks.
Top picks right now: L&T, Infosys and Grasim in large caps. Pantaloon Retail, LMW and Infotech Enterprises lower down the market cap.
Advice to small investors: Stick to the desired asset allocation. It helps to book profits at higher levels and buy at lower levels.
Worst mistake small investors make: Trying to average when their stocks move down.
One thing retail investors should never forget: Leveraging is a double-edged sword. Retail investors should stay away from it.
R Srinivasan, Portfolio Manager, Principal PNB Asset Management Company
