Masterclass With Saurabh Mukherjea l Rising Giants In Indian Stock Market | EDGE Community
ฝัง
- เผยแพร่เมื่อ 4 ต.ค. 2024
- New Video - Dissecting the Budget 2022 | Saurabh Mukherjea, Deepak Shenoy & Girish Vanvari
• Dissecting the Budget ...
Topic: Rising Giants
How & Why is the Indian economy going to boom over the next 3-4 years?
Why will giant monopolists enjoy the reaps of that boom.
What should investors do to identify these giants from each sector? How do we discover India's new monopolists?
Recording Date: 13th FEB 2021
About Saurabh Mukherjea :
Saurabh Mukherjea is the Founder and Chief Investment Officer of Marcellus Investment Managers. Marcellus Investment Managers was incorporated in August 2018 and the firm’s application to conduct Portfolio Management Services was approved by SEBI in October 2018 and provides portfolio management service. He is the former CEO of Ambit Capital.
Saurabh was educated at the London School of Economics where he earned a BSc in Economics (with First Class Honours) and MSc in Economics (with distinction in Macro & Microeconomics).
In London, Saurabh was the co-founder of Clear Capital and in 2007 he was rated by the Extel Survey as one of the top small-cap analysts in the UK. In India, Saurabh was rated as the leading equity strategist in 2015, 2016, and 2017 by the Asiamoney polls. Saurabh is a CFA charter holder and a SEBI registered investment advisor. In 2017, upon SEBI’s invitation, he joined SEBI’s Asset Management Advisory Committee. In 2019, Saurabh was part of the Expert Committee constituted by SEBI to update and upgrade the PMS regulations.
Saurabh has written four bestselling books - Gurus of Chaos (2014), The Unusual Billionaires (2016), “Coffee Can Investing: The Low-Risk Route to Stupendous Wealth” (2018) and ‘The Victory Project: Six Steps to Peak Potential’ - and he is a Fellow of the Royal Society of Arts.
About EDGE:
EDGE is a constellation of leaders. Bringing together entrepreneurs, business leaders, policymakers, scientists, creators and artists under one roof.
Individuals who are on the EDGE of their game. Experts who are able to create informed conversations, stemming from their domain expertise. The purpose is to create a gated community of highly trusted individuals who have a track-record of being intellectually curious, adventurous, warm, compassionate and highly engaged individuals who can add value.
Welcome to EDGE. Apply to join our curated leaders community and get access to EDGE members, thought-leaders, events, and networks. edgecommunity.org/#membership
Meet and collaborate with like-minded members from around the world to help yourself and your business grow.
Qq
Qqqq
@@ajitagwan3284 waaa
aaaapaaa
T77
A man who manages billions, wearing a 100 Rs chappal, 200 Rs t-shirt and probably less than 500 Rs watch, speaks a volume about his attitude towards money and its value. Such guys are gem in the society and real role models for generations to come
I have seen him in person. He is really like that.
Wow
@@subhabratadas8419 knowledge is power ..and not how you make yourself look to fit in the society
The Saint of Finance
I am like that but my cousins and friends make fun of me, my mom and dad keep introducing me as a stingy bachha 🙄
Wish I was younger by 20 years, todays generation have so much access to knowledge and it improves the capability to decide
There is a downside to access to tremendous amount of knowledge on internet, i.e. trash content. Which I believe constitute majority of internet. It is very painfully difficult to find a content like this very well delivered by Mr Mukherjee
Yes definitely, i feel so lucky that I could summarise 40 years of data and work in hours/months
Analysis paralysis.
Strive to increase the life span.. Invest in health too.
@@sabyasachirimpa
He is not paralysed,he manages more than 5k cr .
Saurabh has genuinely done a world of good for the average retail investor in india since last few years and has completely changed the landscape where so many more such people have been now trying to do what hes been doing. Kudos and keepup the good work!
Habits die hard
I am sure Now on India is changing recently so the market 👌🙏
@@viprainvestments9000 mm m
for money earling is hobby and passion , not ambition .. there are many ppl like that , Ratan Tata , Elan musk etc ..
In a world where people having expertise on a particular subject use lot of jargon and try to complicate others..this gentleman is an exception. He makes technical concepts appear so simple and hence connects nicely with the audience. Respect 🙏
An entire 2 year MBA worthy lesson in 1 and 1/2 hr time.
40:10
XFPQ
he is brilliant, recommending him to everyone..
@@pr0digy954 0
He is the only person to whom I can listen whole day and whole year
The clap at the end wasn't as loud as the quality of the presentation . One of the best talks.
One of very few guys who believes in sharing his secret sauce . Kudos
No professional shares such knowledge free of cost. Great many thanks to Saurabh this speech and many similar ones freely available. Heartfelt thank you Saurabh.
His Investment philosophy is very useful for retail investors.
He is giving free money - knowledge which we need to buy by spending money & time
Collect it , dont let it go
Probably THE best presentation I have heard in recent times. Quite outstanding . Congrats to all involved and specially Saurabh . Best wishes .
I loved the deep dive into the Relaxo case study .. Saurabh and company are thinking like the champion investors of the world. I wish they remain humble through their journey to making history.
15 mins in, i am amazed by the clarity of knowledge.. straightforward knowledge... listening to you feels like bulbs have started glowing in my head..
45 mins, relaxo case study, i actually saw my flite slippers to realize the market depth of the company...
A talk worth a million !!! so clear and in depth ( while all other so called Guru's will not open up like this )
This man's passion is contagious!
"Not because some joe in some Scandinavian country has written an article"
Lol Saurabh truly understands the Indian econ like no other!
Tod Fod, sasta money - Mumbaikar in Saurabh speaking...
Great session as always very insightful
I appreciate your approach of teaching.. To my understanding this just proves how much we need an edge as investors because playing the market like everyone else just isn’t good enough, we just need to hold onto our hopes and wait to see how things turn out because market movements are almost always unpredictable. In my portfolio, I'm noticing more red than green. I'm 47, and earn nothing less $150k per year, but nothing to show for it yet
Since the crash, I've been in the red. I’m playing the long term game, so I'm not too worried but Jim Cramer mentioned there are still a lot of great opportunities, though stocks has been down a lot. I also heard news of a guy that made $250k from about $110k since the crash and I would really look to know how to go about this.
Research suggests people who work with a financial advisor feel more at ease about their finances and could end up with about 15% more money to spend in retirement.
Very true, a huge part of my portfolio growth has come during this bear market. I've been able to scale from $120K to $370K in a short period of time. I basically was just following the steps and guideline from my financial advisor *PATRICIA DRITA JOSEFINA* as long as you've professional help, you're good to go
@@chandlerethan9567 That's impressive! I could use the expertise of this advisor, my portfolio has been stagnant..... How can I get started with PATRICIA DRITA JOSEFINA ?
*PATRICIA DRITA JOSEFINA* is the advisor that guides me, She has years of financial market experience and she is also FINRA & SEC verifiable, You can look her up internet &, message are there
Been in share market for 1yr now, Have been going through videos after videos. This is gold. God bless you brother ✨
Very true
Did you find the truth bro? Or still searching?
So much of Wisdom in anything he says. So lucky to hear him so often.
34:38 min case study example is an epic one. One suggestion to Saurabh Mukherjea sir make one online course about economics and many case study and It would not be pirated to make that strong. One of the best lectures being an engineer I am fascinated by investment banking as you told .
Read his book Diamonds In The Dust
There's a small problem with some of the Marcellus investments; Asianpaints, Nestle, Pidilite or Titan has not grown at a 20% PAT CAGR. What has grown at 25-30% CAGR is the stock price. The actual profit growth of these companies in the last decade is a little less than 15%. Like it happened in the case of ITC, someday market will realize this and a 5 year stock under performance will follow. No doubt the companies will continue to do good.
Free cash flow matter brother ,not pat
Management is the key brother. Itc management isn't that good compare to others, itc can't even able to reinvest their cash properly and they just end up by giving dividend...
@@jackysugandh3867 but the fact they have that much revenue makes them totally investment worthy. Today markets are very fluctuating and ITC has provided consistent steady revenue.
It's the cash flow which drives the price of the stock not the revenue or profit.
Follow the cash, not the PAT
Just imagine the sense if something so useful is said in Feb '21 and this channel releases it in the end of August.
What a simplistic person is Mr. Saurab mukherjea.Amazing to hear and digest ideas.Such people make the world better to live with original stuff.We only wish him great health to generate greater wealth for Marcellus members.
Loved to watch this. Such a deeply insightful and enlightening speech. I wish I could think in such manner 15 years ago. Thanks for sharing this valuable knowledge. It surely is recipe for success ahead in life. Feeling fortunate today. Thanks Mr. Mukherjea.
I love in Powai and someday looking forward to meet Saurabh in person and convey my sincere thanks for his teachings and knowledge sharing 👍🙏
Powai is where L&T THE GIANT RESIDES
Absolutely amazing webinar! Deeply enriching for anyone interested in business and investing. Thanks a ton Saurabh!!!
Amongst the most original thought leaders of the investing world. Each talk of Mr Mukherjea is like a masterclass.
I was lucky enough to spot him 2 yrs back 😊
Kinda feel sad but at the same time happy that we all came across this video which if you implement in regularly in a due diligent manner has the potential to make you very very wealthy in the long run. You feel sad because the cool kids will never realize this and end up shorting bank nifty and the fancy derivatives for life.
Saurabh is amazing as always! Thank you for hosting this EDGE!
Amazing presentation and vocabulary used at the right places. It just comes so naturally for him.
Saurabh is amazing.
I could not stop this video once i started it.
I will now read all of his books + 3 books he recommended.
Thanks a lot Saurabh for this wonderful Masterclass.
You have great and riveting presentation skills
Recommended books
Zero to One - Peter Thiel
The Myth of Capitalism - Jonathan Tepper
The Rise and Fall of American Growth - Robert J. Gordon
He is really a humble person. Start with coffee can then victory project and latest diamond in the dust is a masterpiece. Just reading now. Also take benefits by building a strong portfolio of stocks without any much churning
@@ashhere31 3 books are also great I have just read zero to one. I mentioned saurabh books. All d best
Also if someone can tell the name of the one hour video he recommends to watch om TH-cam. I simply forgot.
@@manmohansingh-mc1mu
Competition is for losers Peter Thiel
ಒಬ್ಬ ಭಾರತೀಯನ ಅದ್ಭುತವಾದ ವ್ಯಾವಹಾರಿಕ ಧರ್ಮೋಪದೇಶ, ಇದು ಆಧುನಿಕ ಭಗವದ್ಗೀತೆಯಂತಿದೆ. ಇದನ್ನು ಸರಳವಾಗಿ ವಿವರಿಸಿ ಪ್ರಾಥಮಿಕ ಶಿಕ್ಷಣದಲ್ಲಿ ಕಲಿಸಬೇಕು.A wonderful business sermon of an Indian, it is like the modern Bhagavad Gita. It should be taught in elementary education.
I am a big fan of Saurabh Mukherjee. He has made
Investing so
Simple .
I read his Unusual billionaires.
what a presentation boss. I almost wanted to stand up and clap after the relaxo case study
2 hours of free wisdom, Return on time spent is quadrupled
Excellent webinar and outstanding masterclass. Thanks for hosting this masterclass with Saurabh Mukherjea.
He's wise and articulate. Perfect teacher.
11 months ago I said here that Relaxo is overvalued. Where is the "Chappal Monopoly" now ? Where is the "Next Nestle" ? The fund manager has already exited the stock.
Sitting on 30% loss on relaxo
@@finjection Never ask a barber whether you need a haircut. Never ask a fund manager where should you invest.
Saurabh Mukherjea sir thank you so much for being so kind to share your picks, thoughts and priceless knowledge with the youth of nation. I am really inspired by you and really admire every bit of you. Hats off sir!
He is a great teacher for Investors of India
My dictionary don't have words to describe the knowledge shared. thanks a lot both of U.
When he showed the chappal as an instrument of enormous wealth creation, immediately my interest piqued..another Like for that.
Saurabh sir is unique person on this planet who does deep research and explains with logics and examples and keeps all the vital parameters during explaination and picks real Jen's and serve investors honestly
Thanks sir for your contribution for investors
Suresh Yadav Sikar Rajasthan
Shashank udupa’s suggestion,
100%worth it💯💯
I CAN SURE SHOT SAY AS A CA STUDENT THAT THIS IS GOLD 🔥❤️
I realized that the secret to making a million is saving for a better investment. I always tell myself you don't need that new Maserati or that vacation just yet. That mindset helped me make more money investing. For example last year I invested 80k in stocks (with the help of my Financial Advisor of course) and made about 246k, but guess what? I put it all back and traded with her again and now I'm rounding up close to a million.
@Hannah Mendoza
What is your advice for a new beginner like myself, I have been trying to practice using a demo accounts, but I am scared that I don't know enough to start trading all by myself. What to do next.
@Hannah Mendoza
Thanks a lot, 🙏🙏I'll definitely ensure to do that
Mrs Dawn .comes highly recommended, as best broker guys by far I've worked with in this bullrun
She trades for me too. My first investment with Mrs Dawn Fitzpatrick gave me profit over $25,000 and ever since then I trade with her and it has been a good turnups
@David Max Bingham
Wow that a really big congrats
He as an analyst provides a unique and very different perspective about looking at companies and how to do investment. I like most of his ideas and thanks the analyst like him who provide more insight and his analysis for the small retail investors who cannot do this level of analysis. Kudos to him and his team. All his lectures are worth listening and get to know many more new things and new perspective. Thank you Saurabh bhai.
Bhai kya samjhate ho aap. Really really not a seen such a person like you who throw out his wisdom and offcourse free of cost here
Mindblowing insight. The story of Relaxo chappal is so inspiring. More power to Saurabh 👏👏
If this is the last 2 decades’ history and we can put forward an argument that we are at a better stage in the economy and markets, then we have been at any point in the last decade then ideally, we should not be worried on whether we should be investing now, but rather focus our energies on
This guy speaks authentically from the heart...wonderful amid all the clutter
Amazing Sauravbhai. You are the MOHNISH PABRAI of India called BHARATH. Truly Atmanirbhar! God Bless YOU.
I am Happier as a ICICI customer and Happier as an HDFC Bank investor.
Isnt hdfc a better bank...
Best period of HDFC Bank is history. There are indicators that ICICI will be better in the future. Watchout
I have watched it 3-4 times but still each time, I am getting the picture a little bit better. Amazing stuff guys
Why they uploaded this video so late.. The video was a real gem...Saurabh is simply splendid...))
Very broad and deep insight with proven logic. Great. People like Saurabh are needed who can apply economics for the growth of common man. I wish him all the best and all those of you to widespread this education especially to our younger generation who are academic experts but no time by their lack of zeal in practice or face the challenging life of course due to due to various reasons.
Every few years, I have an "AHA moment". This video certainly has been the latest. Thanks Guruji!
A great, thought provoking talk throwing light in to the newly emerging business scenario in India. Thank you Sir.
One of the best talks on investment I have ever heard
Very intresting and advisory.
Sir,
Your session sucked us throughout.
Legend explains complicated things in a simple way...@Saurabh Mukherjea ❤️
Berger paints acquired decorative business of Sherwin williams and not Akzo Nobel as was discussed in the session ...
Saurabh, this is great contribution and I am personally delighted that you spread hope, knowledge and prosperity. This also helps people in trusting Indian companies because there is a craze to invest in US stocks... most people do not understand what happens there and get carried away with some few stocks that are dong well.
Pp
I love Sourabh Mukherjee's way of thinking.
Clarity of thought and Independence of thought! well said ! what a great video! must watch for all financial journey beginners, very very enriching! Saurabh is a champ! Thanks EDGE Community for this webinar.
The absolute masterclass by the legend 💯♥️🔥
what a man he is .real idol and such a simple .super intelligent honest down to earth .love u sir .keep informing us like this .thanks a lot 🙏
Liked his candid feedback on 2 banks.. hope India largest private bank takes note of it as it's high time honestly
Man! Didn't know much about this man until today. Such a miss. Following him from today!
Please try reading Coffee Can Investing from Saurabh. It changed my investment technique.
Reading now!
He seems to be a brand ambassador of Relaxo Footwear.He teaches so much about the brand in his every speech. He is very much attached to this chappal producer.
Sirji, in case you get 30% ROI every year let alone chappal company, even garbage management company is worthy of praise. India is the only country where chappal selling company is listed and operates at such large volumes. Indian investors should make use of such unique companies and not always look to invest in traditional companies.
@@anjanbabu7103 Antony waste management services ....just thought of sharing..
@@lonelytraveller3244 mtlb shi sense me kh rhe ?? Nupur ko dekha newly listed
.. just share some insights if you can
So I have to add more quantities of relaxo in my portfolio .. I bought 30 shares @ 800 ..now price is near to double
Wonderful explanation in simple words, lots of actionable information.
This will go down in history as the greatest keynote by any speaker on investing 👌🏻
This comment is genuinely out of gratitude and respect that I have for Saurabh, he is someone I don’t just hear but very keenly listen to. The first letters my search engine on TH-cam is Saurabh Mukherjea 😅 thanks to him and Marcellus that I have finally started seeing my portfolio in Green, my portfolio for a very long time looked like the Chinese communist party flag ( it was all Red) 😅
Keep being the guiding star to people like us. Thank you again.
PS this is the most compressed gratitude message I could have written for the man I have so much of respect for also I totally loved reading Coffee Can Investing 👍
Always getting mesmerized watching Saurabh's videos. What a phenomenal man you are Saurabh ji... Just take a bow!!
It seems Saurabh is yet to read about Nifty Fifty companies of the USA which had strikingly similar characteristics like High Cash flow High Growth High PE, but in the next 40 years they underperformed the S&P index.
Quoting Charles T Munger verbatim:
No matter how wonderful the company is, it's not worth an infinite price. So we have to have a price that makes sense and gives a margin of safety considering the natural vicissitudes in life.
No doubt some companies like Asian paints, pidilite etc will continue to grow, but paying up will lead to time wise correction in these stocks rather than permanent loss of capital.
Excellant Views On Future Growth Of Companies & Market With Understanding Past Crystal Clear
Very useful for young investors. Thank you Mr Saurabh. Keep enlightening Indian Investors
This is the only casual talk by Saurabh on the internet I think.
As others are webinar kind of.
Thanks for insight. Differ with you regarding shift in agriculture. American model of agriculture have failed for the common citizen & farmers ,though it may have benefited corporate. Pl understand , we have emotional connect with land. It's not just another business. Agriculture needs reforms but the way being planned . Need to give better price to farmers and diversification.
Min 34 - Actually there is a fantastic movie style documentary already created for that period - The Men Who Built America.
There is flaw in the logic of 20% underlying earnings compounding and hence stock price will go up by 20%.. Firstly very few co grow earnings 20% every year.. secondly when Page lost its growth momentum a few years ago, such stocks fall like crazy and these people will exit saying oh monopoly power is fading etc etc etc. So such kind of very focussed investing has its own flaws.. Otherwise good stuff.. Thanks for sharing.
Found him just now….. very intelligent person.
Valued video. Great communicator with clarity of thought. God bless.
he is best guy . the best in sharing knowledge . i like him a lot
How can one make financial session such interesting ! Not to wonder - I'm not a book person but i enjoyed every minute of reading coffee can Investing.
I want to meet you
Good one! Cannot get up before fully watching this 1 hour video for 4 + hours..
Its great to listen to him. But not sure whether his thesis works. If you would have bought the stocks he recommend on the next day of this video, below are the returns as of today (2 years) absolute
Asian paint - 7.26%
Relaxo minus 21%
Hdfc bank - 1%
Bajaj finance - 3.05%
Nestle - 13.35%
Tcs - minus 7%
Nifty - 16.16%
Most of these monopoly's moat is already priced and are trading at 70-80+ PE and profit growth is around 15%. If you got it at the bottom these might give a 15% cagr. And Marcellus keeps selling some of these stock as well.
Probably buying some of these now will be more useful
i like this man for the frankness and openness with which he teaches us..
Sir, your teaching is very good, but low audio (low sound) makes difficult to follow.Kindly arrange to make hike of sound of the vedio in order to lessen our trouble .Thank you very much sir
Astonished to see a man of such caliber being so simple.
Dear Saurab,when you say 15 or 20 % compounding ,it's based on the face value or current market price ?
Always love to hear saurabh sir !
He is one of the finest financial brain
I'd like to argue about banks. When psus close, the segment doesn't move to big banks(Hdfc). The segment will always voew these banks as expensive and out of reach. Instead, these customers shift to local such as Nkgsb, Bandhan Bank, etc.
In 2014 we saw record low crude oil prices, however we couldn't capitalize on that to boost our economy .
So much of information Packed.. especially for retail investors
So simple yet effective. ...can't thank him enough
Sir we have a shoe shop
I know that diamond blue slipper is at same rate of relaxo.
And it's sale is around five times than relaxo in shops due to its high durability.currently I am also using it.
Is it being sold all across the country like Relaxo is?
Also when they grow they will have to give taxes.