Thank you for sharing. This content is actually behind a paywall, if you’re posting paywalled content for free, would appreciate a link back to the post.

Lot of hard work goes into building and tracking all of this.

Buy and Forget is a type of a investment strategy amongst the many that exist. Like we have examples of cos that were part of some index but have gone bust – we have an many examples of co ls that have given astonishing returns over 15-20-30 years.

The key element to understand for Buy and Forget type investors is that during the stock selection process you will almost always have duds and the max you will lose is the entire investment in those duds so downside is limited but assuming that you also have a few winners the upside is limitless and will more than cover your mistakes.

This kind of plan requires you to actually not be impacted by movements in stock prices up or down so it’s suitable for those who have achieved some basic level of net worth to allow them to follow this path stress free. For active investors there is a constant itch to do something so maybe it’s not suitable for them.

I personally feel that it’s a great strategy to have provided that you have some understanding of how to pick long term bets combined with chart reading.

Atul Suri of Marathon Trends and mentee of RJ is one of those who has practised this and many of his videos can be accessed as well. Although he has experimented with different styles and picked one that has suited him

Best
Bheeshma

But you have not talked on compulsive savings disorder and his calculation assuring lesser monthly savings still achieving similar future corpus with lag of 3-4 years. Nobody has perfect number in mind, but for a good , satisfied life, may be 10 to 50 cr is good enough.

Awesome point of view with related calculations. This is what I wanted and be assured of, as I am too bordeline addictive of investing almost all money each month, even neglecting some basic pleasures in life, sacrificing the NOW. The famous Marshmallow experiment is the culprit may be. Thanks for giving alternate nd more balanced approach in place of addictive savings habit.

Let me try to answer your questions:

1. On ESOP exercise price: If you read enough about company – you will get idea that management tries its best to smooth out earning/quarter like taking provision/playing catch up when had unusal earning and taking profit from reserve if there is shortfall. To avoid any cost to PnL – company issued ESOP at market price so it will not have any impact on PnL as exercise price = market price. it also help to show less employee cost. Hope it gives you gist of the matter.

2. As employee eagerly waiting to encash their quasi salary so you can see seeing them selling share as soon as they get vested. I do not think except Gagan any employee selling their share to buy more ESOP (you can verify downloading report from BSE side (bulk deal for last 3 months – put filter on employee name so you can see what he acquired as part of ESOP and what he has sold). I have done this exercise last months come and it is visible that employees are selling as long as Gagan name does not appear in selling list, we should be okay. Thanks!

Disl. Holding it. May be biased.