Am an Entrepreneur, Investment thinker and organic farmer. Passionate about public life. But , too private to be there.
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Sep 29, 2018 • 10 tweets • 6 min read
Let me share my learnings at @ithoughtadviser. Firstly, I believe firmly that my primary role as an advisor is managing risk. Not maximising returns. My choice of the MF space was simply because i clearly saw the need existed in 2008. 1/10 #ManagingRisk #ContrarianInvesting
MF's offered ease of scalability, management & ample liquidity. We could buy as much quantity at same valuation. MF's wide product choice outside of diversified & largecap funds favoured advisory alpha generation. 2/10 #ContrarianInvesting #ManagingRisk @ithoughtadviser
Aug 28, 2018 • 5 tweets • 2 min read
Improving quality of PF is a constant pursuit. Need Zealous effort to keep watch on own line up, order & weights.
As markets rise, the tendency to give this pursuit up takes over. Money comes easy. A loosening tendency evolves. Investing turns lazy. 1/5 #BeatingBenchmarks
Heavy fund inflows make a manager think less about returns and more about deployment. Too much cheese on his plate makes him less hungry.
He no more enjoys investing. Yet, his plate is always full.
He only finds ways to deploy. Returns become secondary. 2/5 #BeatingBenchmarks
Jul 16, 2018 • 10 tweets • 4 min read
"Are you beating the benchmark this year?"
Investors who usually want to beat the benchmark by miles are putting out this rather usual question.
What individual investors do with their money is irrelevant to most others. Especially true of micro caps & small caps.
These companies are very, very risky. Only few turn out to be big winners. Several fall by the wayside.
No matter who owns a stock, the biz must deliver.
The problem with us is we are too willing to invert the decision process by which we choose stocks. We must look at businesses & pick the best.
But, we choose an investor. Then we decide to buy every Biz he buys. We assume he can do no wrong. But the biz can go wrong. 2/n
Jun 1, 2018 • 7 tweets • 7 min read
#Portfolios carry innate positioning. Corrections are when positioning counts.
#Positioning depend on your style. #Value plays out distinctly. #Momentum has its own stamp. #Thematic plays to its own dynamics. Often, we follow a blend.
Your Blend counts. Watch it close. 1/7
Often, #Portfolios are constructed without a blend. They will be distinctly #Momentum. Or uniquely #Value. Or totally #Thematic .
Such portfolios may show beta that can shock and awe both ways.
#Positioning will held manage #beta better; It always fits to a market context. 2/7
Apr 21, 2018 • 5 tweets • 2 min read
Moving away from looking for multibaggers meant One doesn’t try to identify stocks offering rapid PE growth that will be riding on short term EPS growth. 1/5 #MultiBagger#ValueInvesting
The earnings velocity created by shortages, near term biz disruptions & temp dynamics are mostly unsustainable. Convincing the world they are structural is not an honourable deed. Nor reflects decency. Most momentum is surreptitiously built to fool ordinary men. #MultiBagger 2/5
Mar 14, 2018 • 25 tweets • 7 min read
If a small investor, what can you do now? I will create and run this thread today. Hope you find it useful. 1/25
@shyamsek Firstly, take stock of what you own. List all your investments in one place. Rank them by size in descending order. 2/25
Dec 24, 2017 • 7 tweets • 2 min read
‘s blog on Bamboo investing using Chinese Bamboo as a metaphor. @Sanjay__Bakshi ‘s evocative article on how we need to wait years earning nothing; then one year gives us exceptional returns.
Learning to accept less is key to earning more. Practise it in 2018. 1/7
Learning to keep the mind still with an investment idea is the ultimate investment tool. Hold your thoughts focussed on the idea, it’s merits and demerits. Get a 360 degree view of the idea. 2/7
