Investing in Indian Stock Market

Some learnings from a recent webinar by Abhishek Basumallick on IndianInvestingConclave.com 1. Who are we as people/investors ? A sum total of our past experiences 2. Once we start giving, we tend to get back a lot in return Capital is Sacred & is to be respected PROTECT CAPITAL Simple is better than complex. So let's keep it simple In a sufficiently long time frame, all companies are mediocre (Reversion to Mean) Duration of competitive advantage has reduced drastically Keep an Open Mind & Keep Learning. Lifelong learner Getting back to Basics Everyone is a genius in a bull market. So, go find a bull market There is always something where there is a bull market. Could be a particular company, a sector, industry, asset class etc Envy doesn't help Reasonable Diversification and Portfolio Allocation - Risk Management Tools Stock Selection Intelligence & Common-sense based approach Diversify . Focus on overall portfolio & not only individua...

Ramesh Damani Habit of reading international press. Know what is happening in other countries/international cos Stock market is about looking ahead & not looking behind Big picture thinking about valuation Opportunity size Bull market or Bear market. Leader in bull market. When bear market starts gets punished too like crazy Bull market: each time the leader falls, others come in to take the value up again. Similar in bear market, but in opposite direction Look at business level valuation. Valuation of similar cos in other parts of world. Relative valuation. Worth of 100cr...this much stake or 2 flats in posh Mumbai Simple one-line thesis (my observation) Market gives you money when you are uncomfortable Averaging up If u truly believe in idea...u think management also doesn't know somethings abt the co, undervalued and risk-reward in ur favour....then bet big. Portfolio should afford u to do so Buy when bear market bottomed out....Have patience to be in for...