@a_basumallick
http://valueinvstr.blogspot.com
Why?
I will try to
cover the The Process
following
today
Learnings
How can you
beat Roger
Federer?
Play a different
game
How to play a different game in the markets?
Information edge - Know about developments in Institutional investors, people in the end-to-end
an industry / company before others value chain of company – suppliers / distributors
Passion
U
Successful Time
Ask yourself why are you investing
For passing
To accumulate time To be financially
wealth free
To brag
For the thrill
Note - Prices can be slightly off, as I have taken them from publicly available charts
The Process
• Have a written down
framework
• Your framework should cover
Investment atleast the following
• Stock selection
Framework • Portfolio Allocation
• Selling
• Risk management
• For example: For stock selection,
you may use QGLP
• Build your own checklist
• Then keep updating your
framework based on your
personal or vicarious
experiences
Building the right investment temperament will
yield better results over time than any other skill
• Try to note down lessons learnt • Makes you more prone to • Some things have a higher • Disconnect from facebook,
from your own and others mistakes and invest in riskier chance of happening than twitter, whatsapp groups which
successes and failures propositions others generate unnecessary noise and
• See if there is a pattern in your • "Someone will always be most often block the actual
success / failures over time getting richer faster than you. signal which needs attention
This is not a tragedy.“ ~ Charlie
Munger
Napoleon’s definition of a military genius was “The man who can do the average thing when all those around him are going
crazy.” It’s the same with investing: You don’t have to be brilliant, you just have to consistently be not stupid.
Try to spend atleast 1 hour a Read in clusters – study Do monthly or quarterly
day on weekdays and 2 hours companies in the same projects on a industry /
on weekends industry together company