How do Wealth Creators build a winning portfolio? All successful investors have a wealth creation machine and this is nothing else but their Investment Portfolio. They focus most on just one question – what business to own in the portfolio? Here are 10 areas to focus when creating a winning portfolio:
How to find companies that can give return of 100 times. Key points discussed here are covered in the book “100 Bagger” by Christopher Mayer Happy Investing. Buy right, sit tight.
A mega financialization theme is currently underway in India. If we look at the size of economy, we are already 5th largest and within 2 years we will be 3rd largest economy in the world. But the beauty of the mega themes is that they continue for decades so now let’s consider the size of […]
Top investing advice from many successful investors is to be resilient to stay in the game over a very long time which is sometimes referred as durability or staying power: Learning # 1 Play the long-term game, so the focus should be on long term and not short term. Chasing higher returns or beating benchmarks […]
Top investing advice from Charlie Munger (he served as vice chairman of Berkshire Hathaway) as summarized in the Poor Charlie’s Almanack: Learning # 1 Try to be consistently not stupid.Stay in your circle of competence. Avoid investing in areas and companies that you don’t understand. Very simple yet profound advice. Learning # 2 Lollapalooza Effect: […]
Owning a piece of business is a way to wealth and financial freedom. But the question is how can we keep it simple? Two golden nuggets that helps in this direction are: It then boils down to having a simple strategy. A simple strategy need not be most optimal strategy but a sensible strategy. Most […]
1 Prioritise safety of capital. A 10-year government security will currently give a return of 6% to 6.5% 2 Stay with products you understand like fixed deposit, G Sec or short-term debt mutual funds 3 Remember there is a need for beating the inflation over longer horizon. So there is need for balance/hybrid mutual fund […]
First let us think of our self as a Chief Executive Officer of our life and use the time-tested management principles that the person who is leading uses in corporate world. This can have far reaching impact on our life to take us from current performance to another level! It could be in the area […]
You may be surprised but it is true that if you use two of the investing principles to your advantage you can create a reasonable retirement corpus. The two principles are: 1.Pay yourself first: This means taking out a fixed sum every month from your income and invest before you even start spending. Let us […]
Project Managers manage Risk & Complexity in their assigned projects. You will agree that there are enough risks and complexities in real life! So here are a few learnings from the area of project management that we can re-apply to improve our personal financial wellbeing. Organized Thinking: Always have a plan and follow it. You […]
