After reading many books on investments,especially on munger and my own experience i now dont see the need for selling stocks of a business that has a relatively high ROE and expected continous high growth in EPS.
1. i bought centum at 13 then sold ar 20.bought at 24 sold at 35.then the other day i bought at 37.realy whats the point if paying all the transaction costs?
2.i have traded other stocks and paid unnecessary expenses not to mention market timing challenges.

bottom line is if you are able to identify a stock that compounds at a constitently high roe eg equity,centum,britam then theres no point in trading/watching the nse

@Sparkly, Thanks for your insight about NAV, if you can advise any resource where we can easily access stocks NAV.

@sparkly thank you for the insight which i nappreciate but i have learnt to assign very little weight to NAV.For instance olympia has a NAV of over 20 but am sure you wouldnt recomend it. Also consinder an instance where at a given time two companies hav an equal NAV but one grows its earnings/NAV at 35% while the other grows at say 5%
one might buy an investment company at a premium to the NAV where one has certainty that he wil very soon compensated for the premium by the fast growth of the business.
price is what you pay and value is what you get.

And whathappens if the market crashes? Or there is an expected correction, where the price is bound to go below your purchase price?