Spreading insight, not tips.

  Govind Parikh is a chemical engineer by qualification. Starting as a stockbroker, he became a successful investor by investing in several blue-chip companies very early. His mantra is to invest in top-quality businesses, backed by credible management, at the low market cap, and hold them for a long period of time- a strategy that has delivered excellent returns for him. Return Filter Take a small position and closely watching the company and slowly build up the position, in a decided price range. For big bets, only invest if the quality of the management is top class. Generating investment Idea Through following the market. Through meeting the company's management. Go to the AGM. By visiting plants. Through meeting the distributors. Cement Industry  In cement industry, transportation is major cost for both the raw material and finished goods. It helps when plants are located in different places and also if the grinding units close to the markets. Managing risk at portfolio L...

  Vijay Kishanlal Kedia started trading in the stock markets in his mid-teens with zero corpus. Always thinking big, he overcame many challenges and transitioned to a successful investor by betting big on selected companies. A self-learner, his forte has been identifying unknown companies, with capable management, at low valuations, holding them for long periods of time, and also getting a few big winners in every bull market. Key Learnings from Masterclass with Super-investors- Vijay Kedia are as follows: Kedia's key lessons from trading The most important lesson was there should be a stop loss. when you have nothing, your intuition helps. Markets are like the ocean, you can go for fish as well as oysters. The market rewards you as per your perception. one has to take risks, but how well you take it depends on your courage, your intelligence, and your luck. In trading, there is no value of fundamentals, and in fundamental investing, there is no value of stop loss. Once management ...

  Anil Goel, 66, is a deep-value investor. He buys substantial stakes in well-managed, basic businesses when they are out of favour and are available at very cheap valuations. He deployed his investment philosophy of KCPLTD- Knowledge, conviction, patience, luck, and timely deployment. Key Learnings from Masterclass with Super-investors- Anil Goel are as follows:  Avoiding Crash Never buy a business that you don't understand. Investment Philosophy The key is to understand the business and understand the management. Don't invest in a company with poor management. Should have deep knowledge of the business. Once one has deep knowledge, develop conviction in one's assessment. Then one needs to have patience for the market to properly value your stock. you need to have luck, and the price comes down to your buy price, buy the stock. And you should have the nerve to timely deploy when the prices come down. Bottom of the Cycle and cyclicity In the steel business, prices were down...

 Rajashekar Iyer, 61, a chartered accountant by qualification has 30 Years of experience in the field of equity research, advisory and investment management. He likes to Buy companies where profit growth can be very high, but at cheap valuations. He uses technicals to optimize the entry point and capture the excesses of the market on the upside. Key Learnings from Masterclass with Super-investors- Rajashekar Iyer are as follows: Step-up Investing strategy  Rajashekar Iyer bought Divis Laboratories at 175-185 Rs and started buying the stocks in part with appropriate stop-loss, which helped him make a meaningful allocation without increasing the risk of losing capital. This strategy can only be applied to a stock in which you have high conviction at a particular price level and anticipate a large upside.  Also, you have to put stop loss at a level to which the stock would fall only when there is a major change in fundamentals or in case of major market reversal. When stocks...

Ramesh Damani One of the well-known faces of the investing community in India. He has played a vital role in popularizing equity culture in India and has been one of the veteran investors. He first became a broker in the Bombay stock exchange and then a successful investor and he picked great businesses at cheap valuations and on the cusp of big structural change. Key learnings from a masterclass with super-investor Ramesh Damani are as follows: Understanding Market  spend a lot of time understanding what bull markets are, what bear markets are, understanding where India is going and where it was and what it was. And look for what is going to be the leader and take India out of its current problems. Circle of competence Connecting investing life with your academic/professional background and finding the company that suits your knowledge with Good corporate governance and a professional team could increase your confidence and help you understand the importance of a circle of compete...

    Perspective on business through Buffet's eyes Here are the key excerpts from the annual letter of 2008 of Berkshire Hathaway- In good years and bad - "(1) maintaining Berkshire’s Gibraltar-like financial position, which features huge amounts of excess liquidity, near-term obligations that are modest, and dozens of sources of earnings and cash; (2) widening the “moats” around our operating businesses that give them durable competitive advantages; (3) acquiring and developing new and varied streams of earnings; (4) expanding and nurturing the cadre of outstanding operating managers who, over the years, have delivered Berkshire exceptional results" Negative correlation - "Moreover, we are fortunate that Berkshire’s two most important businesses – our insurance and utility groups – produce earnings that are not correlated to those of the general economy. Both businesses delivered outstanding results in 2008 and have excellent prospects." Capital allocation - ...