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& #39;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 & #39;5 Whys& #39; to all FS items (apply to DuPont Analysis)