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The pic quote was sent to me by my good friend @sumeepawar. This reminded me of Amtek Auto trade back in 2013 to 2015. I was impressed with their debt fuelled global M&As. I was of the view even of its debt fuelled growth, they are diversifying their revenue sources.i
I had entered the trade at about Rs. 70/share and saw ~Rs. 250 in few weeks. Feeling proud about my rationale and then the way it fell off, i struggled to sell. I think i got out at Rs. 110-120. Although it was a profitable trade, i give credit to luck.
However, for the stress i went through the profit was not worth it. After this event I attended @FLAMEUniversity masterclass and learnt from the master @Sanjay__Bakshi himself and still learning from peers ( @safiranand, @jaycee77 , @kanodiaankit12 & @geordiejob etc.) who attended
I learnt from him why it is important to first know yourself first, learn different investment philosophies, choose the philosophy which aligns to your personality, have an investment checklist and a investment journal (3 variables that made me buy or will sell the stock).
So my Investment checklist at Research level (Intial 10-20% - Rs. 40-50K)
(1) No debt fuelled growth (Don't mix ur job with ur investing)
(2) Strong Balance Sheet (Think like a Bond Analyst)
(3) Asset light model
(4) Compare with peers on unit economics basis (think like a PE)
(1) No debt fuelled growth (Don't mix ur job with ur investing)
(2) Strong Balance Sheet (Think like a Bond Analyst)
(3) Asset light model
(4) Compare with peers on unit economics basis (think like a PE)
(5) DuPont Analysis (5 point) is more insightful than you think
(6) Promoter interest is important
(7) Ask '5 Whys' to all FS items (apply to DuPont Analysis)
(6) Promoter interest is important
(7) Ask '5 Whys' to all FS items (apply to DuPont Analysis)
