Investing in Indian Stock Market

 1. Invest in 8-10 names . Lesser the better. No less than say 4. Otherwise it is not possible to be on top of the companies nd have any sort of informational advanatage 2. Invest in great companies at a fair price. Great quality business. Competitive adavantage/moat. ROE/ROCE is good Growth (past) and future long runway with growth visibility 3. Valuation: First do Business Analysis . Understand various levers which will affect the business. Then valuation can be just a quick mota -mota thing. Like for eg. seeing a person from distance, u can say a person is fat. U don't have to know his weight. Similarly, valuation can be a back of the envelope thing, once u do the business analysis appropriately. Think of bull, bear, base scenarios.  

  Mental Aggression . Mindset to grow Enrepreneurs need speed nd scale Make peace with yourself. Envy waste of energy Persistence matters Ask .  Willing to ask. Various ppl Network. Power of associations, alumni networks, good university education (not the degrees but the networks/contacts) I ndependent thinke r. Don't shy away from not doing the social consensus. Do be extraordinary, one needs to do things what ordinarily is not done Take an idea you like and obsessively follow it to see benefits from it Make part of your life the va rious ideas you think can make a change and scale it up in your implementation Power comes from truth, caring, genuinely helpin others etc. It a utomatically attracts ppl to you Satsangati . Surround yourself with people better than you and you can't but improve yourself FOMO: Be aware of Fear of Missing Out. Don't fall a prey to it Bet size needs to be big, when you convinced. Patience : Investing is a game of extreme patience. It is like wa...

Read the wonderful book:  The Matchmakers: The New Economics of Multisided Platforms   Today's turbocharged matchmakers, the so-called platform companies have great indirect positive network effects. Matchmakers have existed in the past, since millenia. Today, with new tech, internet, smartphones, OS etc, things have got turbocharged. These are easy to understand, but many will fail, not scale up, not reach critical mass Important questions to ask for these multi-sided platforms ? 1. Is it s olving a signficant friction/problem 2. Who are the participants ? How do they benefit frm the platform 3. Does it have indirect positive network effects ? 4. How will the platform reach critical mass, how will it get ignited 5. Is there a subsidy side, money sid e. How is the pricing going to be ? How will it generate value for all stakeholders (sometimes, these pricing r counterintuitive..by giving cashback to one side of participants, u may feel bus. is not doing right thing ) Buzzwords...