Good to hear your honest views on this sensitive topic. I can relate this to myself as i am a full time equity investor for a month now as I accepted VRS last month, at the age of 49+ and 27 years in corporate career, I could not do much on rising corporate ladder apart from earning a good packege and staying in a role for 16 years flat as i loved that role, was scared to devote much time in engaging myself for no reason and show the leadership that I am also one of candidate to rise up, untill you involve yourself in corporate politics, its next to impossible to rise after certain level, being a pyramid structure, if you don’t rise up than will be shunted out​:joy:.

End of the day if company doesn’t have business and performing poorly than even loyalty also will not work which is justified and 10-12% increments never encouraged me.

I shifted my focus to stock markets, start ups after 2008 when being Head APAC in an MNC, was informed to quit on the day of my younger sister’s marriage.

Never gave earned income a priority and developed passion for long term investing, from that day till now, i floated 4 start ups, one was a huge success, three flopped however it changed all fortunes.

I don’t know how many employees are happy in corporate Jobs once they cross 20 years experience as it makes you vulnerable if something happens bad and you loose your Job without much assets and keeping yourself motivated honestly is a big question mark as all corporates 70-80% leaders ars assholes and self ego is much more for them than company.

Earning your living becomes a “Majboori” despite compromising in your dignity on a daily basis in toxic environment.

I love markets and its not just about making money, i am independent on my judgements and capital allocation, once you take a large bet against herd and that performs as per your estimation and vision, the happiness and sense of accomplishment you get is “just WOW” . Main problem is maximum people will not be happy with this is shared because of Jealousy, thinking being inferior and low feeling hence you will find lonely after some time.

Decision is ours weather we want to indulge again and accepting selling our time to corporates or we want to use our time as per our will and enjoy much more gains with less efforts once skills are developed. It can ve developed by anyone with dedication, hard work and learnings.

First Time Concall from Interarch Building Products
83a164f4-c0b8-47da-acd2-bbfb7a806cdc.pdf (3.6 MB)

I wanted to list down some thoughts on when should I take entry, since many companies i read about seem lucrative but want to have a some level of concentration in portfolio –

1. Read about 10-12 companies before buying one (may take week or more). Narrow down to atmost 2 companies. This ensures that I say no to most of the companies. Inculcates reading habit etc.
2. Ideally, I want to own companies for which I have multiple engines of compounding/mental-models
   • Sectoral tailwinds – like tourism now, e.g. samhi & rategain, power sector IEX & inox
   • Aggressive yet achievable Growth outlook – e.g. Zaggle (100 percent growth guidance)
   • Fairly small market cap – < 10000 cr. less discovered or non investible for many Instt. investors at present, so growth will lead to discovery and thus entry of institutes will become another engine.
   • Debt reduction – like samhi and inox wind.
   • Confidence in Management – read concalls, background, employee feedback – linkedin, glassdoor etc. any social profile etc. e.g. liked the conservative tone of Ajay Mian from all e tech, at same time the aggression of Inox wind management

CCS clears defence deals worth 80000 Crore as a part of the Budgetary allocation of Rs 6.21 lakh crore for 2024-25

Every company makes some investment. Be it in FD or stocks. This can’t be a redflag. But the issue is, other income (mostly stock market gains) is driving their net profit and not the profit from core operations.