“To succeed in money, you don’t need to be brilliant. You just need to not be an idiot. And the way you do that is by avoiding the big mistakes.” - Morgan Housel Pankaj Parekh

“The ability to do what you want, when you want, with who you want, for as long as you want, is priceless. It is the highest dividend money pays.” - Morgan Housel

“You can’t predict, but you can prepare. Diversification is a key part of that preparation." - Howard Marks Pankaj Parekh Pankaj Baid

#TubeInvestments of India, a Murugappa Group is trading almost 40% down from its ATH. The stock’s market capitalization as of Dec 2024, had zoomed at an astonishing rate of 61% CAGR over seven years. So, is this the time to start loading on to this company?   Let’s dive

“Cash, though, is to a business as oxygen is to an individual: never thought about when it is present, the only thing in mind when it is absent" - Warren Buffet During a Berkshire Hathaway Annual Meeting, Warren Buffett explains why he always holds cash. “We will always have

“Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.” - Warren Buffet Pankaj Parekh Pankaj Baid

“I think moats are lame…..”Kekius Maximus said in 2018, “ If your only defence against invading armies is a moat, you will not last long . What matters is the pace of innovation.” Big Tesla Sawyer Merritt Long Equity

“Any business that doesn’t create value for those it touches, even when if it appears successful on surface, isn’t long for this World. It’s on its way out” Jeff Bezos D.Muthukrishnan Pankaj Baid Pankaj Parekh Long Equity

“A dreamy business offering has at least four characteristics. Customers love it, it can grow to a very large size, it has strong returns on capital & it’s durable in time - with the potential to endure for decades . When you find one of these, don’t just swipe right, get

For many simple investors , PE remains the only yardstick to compare . This is why. Value of a business is the sum of all cash flows in future discounted back to the present at an appropriate interest rate . Predicting future cash flows is no easy task as beyond a certain point

Opportunity Loss in the stock markets are the highest un-totaled loss. Unless you are aware of it, u will never be able to take the call when the opportunity arises

The Sound of Silence - Lessons from Shankar Sharma & the Lake Theory India’s post-COVID market boom has been a symphony of retail exuberance. Mutual funds fuelled the frenzy, pushing valuations of stocks like #SencoGold , #Sula , #zomato , #OlaElectric etc to dizzying

The Takachiho Gorge

As the fiscal year draws to a close, I took a moment to reflect on how my portfolio’s fundamentals have stood firm amidst the geopolitical turmoil and market corrections that have defined recent global dynamics. I’ve constructed my portfolio with a deliberate focus on resilience

“It Is What You Keep That Counts in Markets, Not What You Make” In the volatile arena of financial markets, a sobering reality persists: wealth is not measured by what you earn, but by what you retain. The siren song of profits can captivate even the most astute minds, while

The US tariffs End Game The "America First" argument behind tariffs is rooted in the idea of protecting domestic industries, reducing reliance on foreign goods, and boosting U.S. manufacturing jobs. Trump’s first term’s China trade war show that he used tariffs to extract

If you have beaten the NIFTY 50, S&P 500 & NASDAQ after this gut wrenching fall, you have then to some level built a strong & a resilient portfolio . Pankaj Parekh

"I skate to where the puck is going to be, not where it has been," - Wayne Gretzky Pankaj Baid Pankaj Parekh Marcellus Investment Managers

Mark Carney in the article is allegedly orchestrating a coordinated threat to sell U.S. Treasury bonds to force Donald Trump to pause tariff threats. The latest figure as disclosed by US Government is shown below in the figure published by the Mint. Clearly , there are other