Who is your investment guru/ role model?

Who is your investment guru? and why you like him?

 

My Conviction is my Investment Guru. I like my Conviction because it comes after lot of study, search and analysis.

 

This might sound cliched, but for me it is Warren Buffett. Reading Berkshire's annual reports helped me to become a more focussed investor. Thanks to his teachings I have stopped chasing stocks that are too expensive no matter how good the company fundamentals are. I also have no problem now ignoring "hot" companies that I don't understand. From the last two years I write a one para investment thesis before I buy any stock, and after every quarterly result I compare management commentary against this one para "story". This has helped me to become a high conviction, patient, long term investor and I have been able to ignore day to day price movements.

 

Sooper statement! You must listen to everyone but develop your own conviction in stock. NEVER Blindly copy anyone. Listen all gurus but understand fundamentals by own research and thinking and develop own conviction

 

100% Agreed. Nobody can match Warren Buffett. His lectures on youtube are so good that every investor must listen. All other gurus advice including Peter Lynch is part of what WB has first said. He is ultimate guru and all investors must follow and listen to advice from him.

 

ones experience can be his guru . but conviction?

 

Unless you have conviction in your stock, you cant be a long term investor. Your patience will be deviating. Without conviction, people start watching price movements of their stock every now and then.

 

I don't have any "role model" as such. But I really liked and admired RJ's and Vijay Kedia's investing style a lot. They used to buy gigantic stakes in a couple of companies and make huge returns out of them. They used to concentrate only one or two companies at a time.(eg VK on Cera and Atul. RJ on Titan and Lupin)
But not anymore. Both of them have cooled down a lot. Both have opened up their portfolios from extremely aggressive concentrated portfolio to a zoo of stocks (especially RJ).
Currently there is no investor whom I admire.

 

I like Porinju, even though I dont buy his stocks.
His investment style is risky and also offers a lot to learn.

 

Market is flooded with Gurus with heavy shortage of chelas . I consider market and its experince with time as my Guru,which keep on beating me with long stick for wrong decisions and help me in continuous improvement in my analysis process like strict school master of my old days.

 

I started my investment career by getting inspired by Mr. Y Chabria but since then I made lots of books as my Guru. In every 6 months I visit Cannaught Place or Dariyaganj, Delhi to get even more Gurus.

 

In my view ,we are all using for Investment or Trading , principles are not made by us , those are all invented by great
stock market Research scholars , ex: Book value , EPS , PE Ratio , Ratios etc....
we are using those in our regular stock market activities .... if we introspect our selves , we find so many like that ...so those are all our gurus and give respect to them .... some or may be commercial but they gave all valuable
information to the world through books ... we are only doing selecting some points and using in our daily trading or investment process through some set of rules .....

 

Market is similar to what Lord Krishna says in Bhagwat Gita about himself.

The number of dimensions of the Market are countless and each dimension is immeasurable. Every time it gives you a new lesson. No single book or Guru can teach all the aspects of the market.

Hence it will not be wrong to say that one should learn from multiple Great Gurus.

 

well said sir. all lessons are given through books or other investors and we use.

 

guruji can you please shed some light on y chabria?

 

He is an Entrepreneur, Educator and not a high profile investor but always adhere to the fundamentals. I came to know about the ABC of the stock market just because of him. Certainly not a very known personality but as I said above that you should learn from multiple Gurus. As no single book or guru can teach you everything.