Investment Advisory Service

Wednesday, 20 December 2017

Field Marshal Sam Manekshaw- On Leadership and Discipline

While going through the old readings, I found this incisive and witty speech of Field Marshal Manekshaw.
The speech continues to be as didactive and refreshing as it would have been 19 years back, when delivered. 

Sunday, 3 December 2017

Session at MDI- Corrigendum

A reader pointed out that the order of 5 steps in presentation and the internship note was different. In the presentation, the downside risks come before management while in the internship note, I have mentioned management before downside risks.

Thank you for pointing out. I uploaded an internship note which was written earlier. Sorry.

While thinking about the process over a period of time, I realized that the process would be more robust if I evaluate downside risks before I evaluate the management.

Revised internship note : Link

Saturday, 2 December 2017

Session at MDI

I had the privilege to speak at Bakshi Sir's class yesterday.
It was a quite an interactive session with the upcoming batch of value investors.

Please find the abridged presentation :   Link
Also, in conjunction find a note on the framework which I share with every batch of interns. It explains the same concepts as in the presentation:  Link