Nalanda Capital
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Nalanda Capital’s Mantra
Image Credit | Assoc. Prof. Promila Agarwal Don’t just be lazy.Be very lazy.Don’t sell. Track record:16-Year CAGR: Nalanda: 19% vs Nifty: 9.5% About Pulak Prasad:Founder of Nalanda Capital Portfolio Construct:Portfolio of 30 stocksHigh concentration75% in 5 companies> 9 companies returned 25xAverage holding period of 11-14 years Investment Mantra:Not long term, permanentNot equity investors, business ownersHigh Continue reading
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This book changed how I practice investing
I’m an individual investor since 2007 and have read many books about investing. I have changed how I practice investing thanks to Pulak Prasad’s book, What I Learned About Investing from Darwin. Pulak is the founder of Nalanda Capital. Here’s the summary of my learnings from Pulak’s book. Nalanda’s approach to investing comprises three steps: Continue reading
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What I Learned About Investing from Darwin by Pulak Prasad
SECTION I: AVOID BIG RISKS 📕 Eliminate serious risks Would you bet your life on your next investment? Learning the skill of not investing is harder and more important than learning how to invest. An essential prerequisite for making money is the ability not to lose money. 📕 Almost everyone makes mistakes There are two Continue reading
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Jyothy Labs – Annual Report Analysis
Is the business simple and understandable? Jyothy Labs Limited (JLL) operates in two primary business segments: Fabric Care: JLL’s fabric care segment includes products such as laundry detergents, fabric whiteners, and fabric softeners. The company’s flagship brand in this segment is “Ujala,” which is a fabric whitener and brightener. Other brands in this segment include Continue reading
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How To Assess Management Quality?
“In the business world, the rear-view mirror is always clearer than the windshield,” Warren Buffett The quality of management can make or break an investment decision, says master investor Nemish Shah, co-founder of Enam Capital. Management integrity always pays off handsomely over time, says R Balakrishnan, co-founding member of CRISIL. Judging people is overrated. Judging Continue reading
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MRF – A market leader in the Indian Tyre industry
Published: Aug 02, 2020 Positive:– MRF is the market leader in India and among the Top 20 Global Tyre manufacturers.– The operating margin expanded sharply due to fall in raw material prices.– The government’s announcement of putting restrictions on the import of tyres is likely to be of immense help to the industry at a Continue reading
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Market Leader – Triveni Turbine Ltd
Triveni Turbine Ltd (TTL) is a leading manufacturer of steam turbines up to 30MW range for providing industrial and renewable power solutions. It also offers servicing, operation and maintenance of steam turbines. Key Facts: – Market leader in India with around 60% market share for a decade – The domestic steam turbine market is a duopoly Continue reading
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Mindtree
Mindtree is a mid-size IT services company. Strategy: – Focus on large clients and increase revenue from each client – Focus on building long-lasting relationships with major clients – Focus on 4 key business segments – 35% of its revenue comes from digital business – Growth from its top clients is one of the best Continue reading
My Value Picks 