Understand yourself.....

Whether your portfolio companies have enough flexibility

Every fruit has its season...
Check for the characteristics of good businessman rather than PSU, MNC or family business
Bet on promise, but don't pay for it... [Emerging moats...]
If all the new highs are going to be CATEGORY C stocks we know end is near....
Not > 20 stocks...
Sell disciple is very important......
Focus on the length of discount period and not just PE multiple...
Sometimes what matters is only PRICE...
if entry price very attractive.. quality do not matter much...
Most critical thing [which most investors do not focus on] is SCALABIITY OF BUSINESS...
Look for management with good capital allocation....
Catalysts to focus on
Companies which do not meet Quant criteria are still kept on radar and we follow them closely [Manish chokhani, Indias money
monarch]
Invest for a time horizon different from other investors [My view 5 years or more]
Snapshot from Maharishi Valmiki Jayanti @ Bengaluru, Karnataka
Master the company as if you are CEO of the company [Source India's Money Monarch, Manish Chokhani interview]
Think about good business
1) Can current market cap be profits in few years....2) Operating leverage + financial leverage = opportunity
Focus on the size of win rather than how many bets are right or wrong....
Ability to see change and new trends [he is talking about longterm fundamental trends which will last for 5 years and more....]

Ability to see change and new trends [he is talking about longterm
fundamental trends which will last for 5 years and more....]
Map

Look for long term trends....

Author: anil kumar
Look around 360 degree before you invest...
You cannot profit from every single stock....
Humility is very important, learn from everyone....