MASTERCLASS

WITH SUPER-
INVESTORS
Book Club – Technofunda Community
AGENDA

Preface

Ramesh Damani

Ramdeo Agarwal

Rajsekhar Iyer

Summary

Learnings

Masterclass with Super-Investors 2

 PREFACE
- Reality of the stock market is very different from what is taught in acedemia.
- Full time investing – decade ago –starting from scratch to financial freedom
- Learnings to next levels – thought of interacting with some of India's best
regarded investors.
- Offerings in the book – Background to their current thinking
- Different set of investors – investing styles are different but traits are common –
integrity, independent thinking, LT mindset and prudent risk-taking ability.
- Basic criteria – 20+ yrs, created wealth,
- Less Philosophy, more mechanics.

Masterclass with Super-Investors 3

RAMESH
DAMANI
- Background
- Case Studies
- Investment Process
- Macros
- Personal
- Advise to new investors
 RAMESH DAMANI
( A D V I S A B L E TO R E A D F U L L C O N T E N T S F R O M T H E B O O K )

Background, Advise to new

​ Case studies Investment Process Macros
Personal investors

Q&A's 3+3 - - - -

Q&A's - 16 -​ - -

Q&A's - - 28 -​ -

Q&A's - - - 2 -

Q&A's - - - - 2

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RAMESH DAMANI – BACKGROUND
& PERSONAL

Q1 Early life, starting of the stock market journey

Q2 Transitioned from a broker to an Investor

Q3 % of NW in Equities

Q4 Typical day, managing time and interests besides investing

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RAMESH DAMANI –
CASE STUDIES

Q1 Some of your early success in detail.

Q2 Sell Infosys, thought process behind selling ;

Infosys went 3k to 8k what makes not to sell.

Q3 Portfolio Construction ;
Sitting on lots of profits

Q4 Some of the big misses- either in terms of money lost or

missed opportunities

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RAMESH DAMANI –
INVESTMENT PROCESS

Q1 Generate ideas

Q2 Meeting companies, evaluate Management

Q3 Portfolio Construction and Position sizing ;

Selling and strategies

Q4 Circle of investors, Reading habits

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RAMESH DAMANI –
MACROS & ADVISE TO NEW INVESTORS

Q1 View on disruption in various fields like auto, energy,

finance and media (ICE to EV, Auto drive cars, Disruption
create volatility and vice versa; lot of industries will get
digitalized and existing wipes out)

Q2 Current view on the market (ongoing debate bull and bear

phases of mkts, individual stocks will continue to well)

Q3 Habits to become a better investor (Power of compounding,

independent thinking with integrity)

Q4 Common reason for failure or not fulfilling their

potential (mkt values integrity, independence and patience,
study people who have been successful)

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RAAMDEO
AGRAWAL
- Background
- Case Studies
- Investment Process
- Macros
- Personal
- Advise to new investors
 RAAMDEO AGRAWAL
( A D V I S A B L E TO R E A D F U L L C O N T E N T S F R O M T H E B O O K )

Background, Advise to new

​ Case studies Investment Process Macros
Personal investors

Q&A's 11+2 - - - -

Q&A's - 9 -​ - -

Q&A's - - 16 -​ -

Q&A's - - - 3 -

Q&A's - - - - 4

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RAAMDEO AGRAWAL –
BACKGROUND & PERSONAL

Q1 Early life, starting of the stock market journey

Q2 Evolution of the Motilal Oswal Group

Q3 % of NW in Equities & (Motilal Oswal Mutual Fund)

Q4 Typical day, managing time and interests besides investing

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RAAMDEO AGRAWAL –
CASE STUDIES

Q1 Some of your early success in detail.

Q2 Hero Honda stock, Bharti Airtel ; QGLP Process

Infosys high valuations what makes not to sell.

Q3 Portfolio Construction ;
Sitting on lots of profits

Q4 Some of the big misses- either in terms of money lost or

missed opportunities

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RAAMDEO AGRAWAL –
INVESTMENT PROCESS

Q1 Return filter, Generate ideas

Q2 QGLP in Detailed manner, Avoid FOMO

Q3 Frameworks – Good, great and gruesome , Porter's 5 forces

Warren Buffett Inflection point, Learning Averaging Up

Q4 Circle of investors, Reading habits

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RAAMDEO AGRAWAL –
MACROS & ADVISE TO NEW INVESTORS

Q1 View on wealth going forward (Economy keeps on growing and new

entrepreneurs are coming, need to be on the right side of the flow.)
Focus on Macros – Indian or Global (Leverage is Dangerous)

Q2 View on disruption in various fields like

auto, energy, finance and media (ICE to EV, Auto drive
cars, Disruption create volatility and vice versa; lot of
industries will get digitalized and existing wipes out)

Q3 Habits to become a better investor (Power of compounding,

independent thinking with integrity)

Q4 Habits to become a better investor (Behaviour is Important,

goal setting, good human being and Independent thinking, etc.)
Creating wealth - Learn from Successful People.

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MASTERCLASS
WITH SUPER-
INVESTORS
Book Club – Technofunda Community
RAJASHEKAR IYER
- Background
- Case Studies
- Investment Process
- Macros
- Personal
- Advise to new investors
 RAJASHEKAR IYER
( A D V I S A B L E TO R E A D F U L L C O N T E N T S F R O M T H E B O O K )

Background, Advise to new

​ Case studies Investment Process Macros
Personal investors

Q&A's 8+3 - - - -

Q&A's - 9 -​ - -

Q&A's - - 28 -​ -

Q&A's - - - 4 -

Q&A's - - - - 3

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 BACKGROUND

Early life – Early experience in markets – Initial investment

philosophy –Refining any investment approach

- Come from Tamilnadu, did his school and college, CA in Gujarat, work experience at Mumbai and
Bahrain, wanted to do something interesting to him

- Subscribing to IPO's(1984-85), Publisher journey, The Value Investor newsletter,

- Various Investment/Business cycles (4 cycles required to make wealth at markets)

- Investment Approach- How to call its beginning or end of bull mkt with greater conviction, second is Position
sizing, reading helps a lot. Manage trades.

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RAJASHEKAR IYER –
CASE STUDIES

Q1 Some of your early success in detail.

Q2 Divi's Lab, position sizing,

Portfolio construction

Q3 Use of technical analysis ;

Sitting on lots of profits

Q4 Some of the big misses- either in terms of money lost or

missed opportunities (Dr. Reddy's Lab)

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RAJASHEKAR IYER –
INVESTMENT PROCESS

Q1 Generate ideas

Q2 Meeting companies, evaluate Management

Q3 Portfolio Construction and Position sizing ;

Selling and strategies

Q4 Circle of investors, Reading habits

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 MACROS

On tracking global Sector Representation Liquidity flows (SIP

macros and wealth creation and NPS Investment
opportunities route)

- Only Interest rates nothing - High Growth, high ROE - 17% in 1991 in equities then
else as it is not certain stocks in index trades at dropdown to low of 3-4%
higher valuations of earnings -
- Focus should be on own Flow is depending on previous
investments (Historical 9 PE - Opportunity will be always be months movements (in and out
to 23-24 PE, Best time to buy there. Economy grows greater are continued since many
is at 12 PE). the opportunities in times to months)
come. - You will make money by buying
- Important to see from where
stocks that go up, do SIP in it.
we see the earning positives.

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 PERSONAL QUESTIONS (HELPS US TO
LEARN MORE!!!)

Percentage of NW Typical day, how you Besides investing,

into equities manage time. other interests.

- 100% into equities (cash - Look PF every week (share his - Read a lot (Target is to read 2 books a
sometimes too deploy into strategy) week
equities - Go to treks, play gold, watch movies.
- Talk to other propritory
- Private venture but stopped investors (Don’t watch the news)
due to bad experiences - Priority is to improve Health, second
- Meet and talk to promoters
knowledge base, third financial position
- Real estate but had mixed and senior mgmt personnel
experience - Like to spend time with younger people,
lot to learn from younger people.

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 ADVISE TO NEW INVESTORS

Specific habits to Journey from Small

become better Bright people - cap to wealth 100
investor Common Reasons for crores
failure or not
fulfilling the Potential

- Rely on own thinking - Doing well means making - Find big winners, manage
money at markets drawdown and figure out big
- Reading a lot helps trends in the market
- Motivation, self-confidence
- Making notes while -
and the ability to work hard on Good Risk Mgmt,
reading(e.g. : Making Journal learning and practice
for trades) - Skill to know when a bear mkt
- Listening habit or a bull mkt is starting

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 ADDITIONAL STUDY AND LEARNINGS

The Art of Investing (CFA Society India)

https://www.youtube.com/watch?v=G2pKm6PD63Q&t=204s

Investing Hour (Equitymaster)

https://www.youtube.com/watch?v=gh7o6KHE-qs&t=39s

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 NEXT CHAPTERS WILL BE COVERED BY

By Cap.
Gope (Khurshid) By Pushpendraji & Rahul S

- Govind Parekh - Shyam Sekhar

- Bharat Jayantilal Patel - Chaitanya Dalmia

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THANK YOU!!!
Kishan Ravia (Life long learner)

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