A ₹3,000-crore fund manager explains why he won't buy RIL, why he sold ITC and bought HDFC Life
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- เผยแพร่เมื่อ 4 ต.ค. 2024
- #shares #sharemarkets #BusinessInsiderIndia #stockmarkets #fundmanager #India
Marcellus Invest's Saurabh Mukherjea in conversation with Business Insider India's Sriram Iyer to share some priceless perspectives.
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A ₹3,000-crore fund manager explains why he won't buy RIL, why he sold ITC and bought HDFC Life
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ITC 7:50 RIL 18:45
you saved my time my friend :)
We need you in every video🙏
Thanks
God bless you
Thank you friend..!!
Saw an interview of the very same Shubham in a Telugu TH-cam channel called Money Purse, and realised how well mannered Sai garu is. He didn't interrupt the speaker not even a single time though he himself is a financial advisor.
1. Accounting quality
2. Essentiality of demand
3. Barriers to entry
The host is using the mic from earphones -_- whenever he moves his head there's an audio disturbance.
This talk deserved better audio quality.
A clean promoter, A product which has great demand and barriers to entry...useful points for us RII’s who want pick a couple of stocks ourselves! Great interview.
Host starts with comment that Sourabh doesn't believe in stock tips and still the host tries to find tips throughout the conversation. What a waste of the legendary investor's time. 😔
Why can't we find wiser people to host such conversations ?
True ... any suggestions?
Watchedd it because of Saurabh , Good job Shriram - get rid of the virtual background -it compromises the integity somehow
Absolutely true 👍
th-cam.com/video/6R5aqf3pBTc/w-d-xo.html
ITC 7:55
Only few people will be able to understand the importance of your comment
thanks for marking
ITC 7:55?
So Asian paints and ITC
Clear it 7.55
The host is so stupid, he should have let Saurabh take the charge
Hey guys, do check out our latest video on L&T Finance
th-cam.com/video/-k69zBuiolw/w-d-xo.html
You wasted your interview with a Investing Guru asking stock tips. Sad.
Sir, you are the real analyst which is required by the retail investors.
asian paints 8 days from chemicals to cash in bank is mind blowing man !!!!!!
Bull****, Mr Mukherjee is new joker in the pack. He hallucinate numbers on his own and has an art of story telling which is completely flawed. MEDIA supporting because of obvious vested interest.
Check Relaxo and compare his version and actual facts is completely flawed.
Further check Asian Paints, his version and actual numbers are completely flawed. His God knows, how Asian Paints is making money in 8 days, 4 times stock rotation in a day. If thats the case, why reported inventory turnover is 3 to 4 times which means stock rotates an average 90 to 120 days. His Asian Paint version is 4 times a day.
Again he will tell Asian Paints doubles sales in every 3 to 4 years, check that version as well, if that has been the case last 20 years.
He is just making fun of all the guys and people are falling for his amusing wisdom.
As per him, only his selected stocks are Star and rest are duds.
This is not to malice him or anyone else. I found this stupid, so thougj of replying back.
He seems to potray just to sell his own gyan, marketing his portfolio so that people emulate and these stocks start going up. He is marketing his books and just pushing sales for it to earn our of it.
He is a great FLAW.
I read coffee can and there are several basic flaws, one can apply their wisdom to find all these glaring mistakes.
His story of compunding too is amusing. Only his GOD knows from where is he deriving such compounding numbers. Actual financials, reported, speak a different story. And as per him, these companies are the pristine among the lots, so you cannot question their financials, unless Management shares different version of balance sheet with Mr. SM.
Happy Investing
@@alkamurarka9926 you are right. It's all marketing strategy which every MBA learn through out his career.
@@alkamurarka9926
PROBABLY U R RIGHT.BUT WHO SAYS TO BELIVE HIM ? NONE.
THOUSANDS OF U TUBERS HAS COME UP WITH NO BACKGROUND ADVISING ANYBODY OUT OF 138 CRORE PEOPLE.
AND A WHOLE LOT IS JUMPING AROUND THEM.
WHO TELLS THEM THAT ALMOST I OUT OF 100 MAKE MONEY FROM MARKET.
NOBODY.
WHO TO BLAME
OVERNIGHT INVESTORS.
I don't think most people noticed, but Mr. Mukherjea was smart enough to bash the journalist in his own way, multiple times during the conversation. Now I have even more respect for this man.
These mighty journalists think they know everything 'bout the market just because they've interviewed a bunch of people who belong to the market. And, no doubt, he would have known a lot, only if he did listen to what the gurus had to say instead of trying to prove his smart ass.
for all new Journalists out there .. This is exactly how not to do the interview... opportunity wasted
Haha
Exactly, the interviewer is speaking more than the guest, guess he thinks he is Mr buffet
Enjoyed Saurabh's view but very much enjoyed to read below comments from different viewers :) :) :)
Good insights. Nothing can substitute patience and consistently making investments and waiting for a few years for results. There is no “get rich quick” - even in this world of VC and PE led, high capital burn startup companies. The basic business fundamentals have to be strong and true.
Get rid of the host. Period
What's VVS Laxman doing here?
I thought sourabh was interviewing Mr iyer
Host wants to appear like he is very knowledgeable. And too eager to show he knows stuff. He appears as the boss in office whom people praise just to keep him in humour. What an annoying smirk he has. In fact I thought he is a fund manager as well.
Beautiful
th-cam.com/video/dBhW41NP9RQ/w-d-xo.html
He's literally the best fund manager in the country and he was the best fund manager in the UK from 2002-2008. He's also one of the 6 people who predicted the crash of 2008.
RIL 4:31 ITC : 7:50. But listen full if you have enough time ☺
We would love to know Saurabh's view on Reliance now as they are now heading into Green Energy ✌️
आदरणीय योगी जी।मुकेश और अनिल दोनो ठग हैं।उनसे आपको कुछ मिलने वाला नहीं।जो भूल जाते हैं सौरभ बताना ओ है बिज़नेस विद एथिक्स, भले 10 साल में 10 गुना की जगह 5 गुना बने एथिक्स वाली कंपनी के साथ रहिए।शायद क्लीन प्रमोटर में ओ इसको शामिल मान रहे हों।
धीरूभाई के समय और बाद में रिलायंस में इन्वेस्टर को क्या मिला ? खुद देखिए।फर्क समझ आ जायेगा।
BETTER REMAIN WITH TATA POWER
I this world of high pitched TV anchors shouting stock tips, It's a pleasure to hear Saurabh speak. His words of "Darpok conservative Investor" really impressed me.
👍This is a great interview. Shriram, I am watching you first time. No you didn't overtalk! Saurabh always informs and entertains as well. Will try out Business Insider.
Host please let the guest talk.
A
+1
I think the host is a good host. If not great, not bad also.
Mr. Mukherjee is the best among all,
he always keeps investing so simple
Saurabh is brilliant.Its always a pleasure to listen to him
very good interview and the interviewer had some really good questions.
Exactly..the market is booming after 1 year ... what a prediction..
Those who are watching in 2021 October. 👍🏽
For future growth of established companies(example Reliance) in India's, are you considering the factors like government regulations when it comes to foreign direct investments?
In trading/investing, it’s not about how much you make but rather how much you don’t lose.” - Bernard Baruch
I think the host almost made me stop befor hearing Saurabh. He went on and on and on.....
How do we know a promoter is clean?
I believe many of us visited this video to know about ITC, disappointed to have almost no details on that except 1-2 lines...
At what time.
I agree. Wasted opportunity
Itc is a long term multibagger.. No one should have doubt that
What clarity of thought. Gosh , you are blessed.
After 4 years I hv started listening to someone who talks so sensibly and thnx to Shreeram too for adding to this beautiful discussion
Am i the only one who felt that this discussion wasn't focused on easy explanation, rather it was just to post some content on the channel
As a novice can anyone tell me who the guy is that's getting interviewed.... Thanks in advance.
Edit: Never mind found him
Never knew Barrier to entry is such an important factor to look at!
Gandoo
Is this the same saurabh who settled a case with sebi on insider trading and paid a fine of approx 1.5 cr? I am not sure. Can anyone confirm?
Lessons learnt... paid price .. move forward .. he has good insights :)
No that was a person named Saurabh Bohra
Host wasted a golden opportunity..... In typical Indian fashion.... Which saurabh is insisting...no proper management.....what a pity..he failed to produce a quality video out of a very good content.. Btw.. Saurabh... What a knowledgeable person..
Dear Sriram Iyer ji
Great video
We like the way you ask focused and pointed questions 👍
How much volume does that cup hold he kept on drinking for half hour
Hardly two minutes into the interview and I heard atleast 20 you know. It's not good you know.
Sriram - why do u want to change the background. Make it real and avoid such photoshops .
@8.07 the way the journalist smiles when cigarette is mentioned 😂😂😂
so why doesnt the goverment of India perform consistently with the public sectors
YES TRUE COMPARING THE GREAT RAHUL DRAVID WITH GOVT EMPLOYEES THE MOST HIGH LOSS MAKERS IN EACH OF THEIR SECTORS .( EXCEPT POST OFFICE GOVERNMENT EMPLOYEES ). THEY WORK FROM THEIR HEART UNFORTUNAELY IT CANT GENERATE PROFIT BECAUSE OF THE NATURE ,
Saurabh, you are Great analyst in all aspects.......
How is coffee can investing book
Where can I see his suggested portfolio?
At 18:55, Saurabh says Govt has kept 1% in the bank. Does anyone know why?
Why did they keep that 1 percent in 🏦 bank any body pls answer ?
I find individual youtubers are making good backgrounds in videos. Why can't the business insider india channel can.
The host actually wants analytical information in regards to Cricketers, I bet he betted on Cricketers, maybe through dreams 11 or so...
😂😂😂😂
😂😂
Hii shriramji nice of you cause of with mukharji please this program make in hindi
Great conversation! Insightful.
BRILLIANT!!
He is missing the point and he missed the greatest bull run of ril and free cash flows is not only the criteria look at its ability to raise funds whenever it wants
Exceptions not rule
You are right sir let us guide
correct. No one can doubt vision of RIL. Itana chhote logo ko RIL pe comment pass nahi karana chahiye.
In Business, it is very difficult to have free cash. Perhaps, He does not know Amazon has never made any profit in any year. Amazon runs on its volume only. Tesla has PE of more than 1000 and still loss making company. If we will see free cash flow, all sould have missed Amazon and Tesla.
@@mymoneymyinvestmentsDo some math class if Tesla is loss how pe is positive as per you😂
dr lal path lab
bajaj finance
hdfc life
asian paint
4 things that i can get from here
@@batauri how?
How asian paints
don't forget Page Inds, HDFC Bank & Marico 😉
Good info but please don't use titles to grab viewers ;) I spent 30 minutes hoping to know something about RIL and ITC!!!
21:55 He says when a player becomes like virat kohli then he will invest in it . I mean when it becomes a blue chip company we cannot generate multibagger returns . These fund managers don't tell obvious things because at the end amount of returns is the ultimate goal.
if you heard the entire speech, he mentioned multiple times that his goal was to compound money safely and consistently. He never mentioned he was great at choosing the next 300-30300 company.
Sriram you should talk less and allow the invitee to speak whom we have come to listen... please
Great Knowledge in just 25 mins❤️
Can anyone explain me why pm proposed 3% and kept 1%in bank??
GMM pfaudler insider trading. Where and how can an investor complain about it.
He sold ITC i read in news , what a u turn and so fast
Why, because taxes will increase on sin industry or what
Forget about 20% ITC has gone up 2.5× since he sold
Loved the videi thanks a lot. It had so much new insights for a begginer like me. Already i love to hear Saurabh sir and BI is superb too. Thanks
Doe we have any links for saurabs take on IRCTC and it's latest rally
But can't a manager claim see I'm going to just invest your money in cash equivalents or a portfolio so wide that it falls slower than the market .. then says I'll time the next big crash .. because in hindsight every crash has generated returns in a short rally ..
now, ITC +15% & HDFCLIFE -40%
Great saurabh sir you wisdom will useful to investors like us.
Host, aap dream 11 pe team banao interview mein le leta hu
If the company has low free cash flow, can't it mean that the profits have been retained by the company for reinvestment?
That is so true.
Independently checking cash flow from operations and investing gives better clarity.
Operation cash flow is the key
Portfolio in 2016. Timemachine plese
For the journalist, please stop the clicking sound at your end... It's really annoying to hear someone with that sound in between!
Stupid questions. Bad interview.
How can the HOST not ask that if stock like ITC is out due to earning not being 20% then the question to Saurabh should be "What was your earning expectation when it was put in the portfolio and did it changed". What changed between the time Saurabh invested and when he is out ?...
Sad ... Bad questions.
what do u mean by disruptor..plz dont use jargon when the intended audience is general public
Brilliant,informative 👍
You can choose time in the market not timing the market
I don't know why the chief editor of Business Insider , a very good international organisation is using a virtual background which is very bad. Anybody felt like me , please comment. What could be the reasons.
Saurabh Mukherjea pays 1.5cr fine to SEBI.
Insider trading specialist.😁
When? Any links?
Everybody ready to pounce of SM, if any such issue would have cropped up then it would have been public. Where is the evidence especially with such huge fines ?
@@vishaldz ...,.,.....
How to found Promoter are good or bad ?
business insider, i subscribed to the channel but im unable to set the notifications on because you are channel for children is what youtube is saying...🤦♂️
Why host is talking too much?
Can he explain what happen to gmm ?
he sold ITC & bought HDFC Life. ITC is now 30% up while HDFC Life just 10% and reliance is 35% up from then.
Hdfc life will run after this covid heat cools down
@@koustubhpatil8082 listing of LIC will dent its share price for sure. HDFC Life can't be a 100 PE for long bcoz giant like LIC will never catch that valuation. One needs to understand value for investing in a stock. Saurabh is more a momentum person than value investor.
@@moneymug if you check life insurance sector you can see lic is losing its market share slowly to other pvt players and the one which most benefited is hdfc life , so in long run like 5 to 10 yrs they will come out on top.
@@koustubhpatil8082 its good to be positive for HDFC life but its high in market price and doesn't justify so much valuation. Life Insurance is low penetrated sector in India. Every company is poised to grow including LIC. LIC's listing will bring more competitiveness , cost cutting , customer catching and this will check the performance of private players. NO matter what may be the arguments in favour of private insurance players, once listed, I will stick to the only giant in India's insurance sector i.e the LIC.
How to invest in Nift 30?
I love the way you said it
This is the Problem with these so called Market Gurus. They are so self consumed and opinionated that they become preys of their on prejudices. As a case in point ,Compare the claims and actuals).The Reliance Share has appreciated 25 % over the Last One Year.(A ₹3,000-crore fund manager explains why he won't buy RIL, why he sold ITC and bought HDFC Life) and HDFC Life has gone down over 18 % over the Last One Year. Now Let Us tell you why You are a Humbug.
where can i find saurabh's full portfolio ?
in my anoos
Very informative and simply explained. Thanks
Very good thinking, clear cut ideas
He would be regretting his RIL statement 😂😂😂 i sold RIL at 2600+ this year.
You will regret selling it at 2600😂
I will be betting On RIL mainly because of Crude oil once recession is over China's lock down is over crude oil may have Bull run
Very good questions by the host. I have seen many Sourav Mukharjee interviews but this host is the best
Reliance is in top, itc also heading for same
Yr view on RIL demerger
Reliance has an equity & reserves of Rs.490,000 crores. The company generate a free cash flow of just about 40,000 crores which comes to just about 8%. Now if anyone put such a large sum of money in bank you earn similar return. RIL is also miserly giving a dividend 60 to 80%. Which works out to Rs.8.0 which is 0.4% to market price.
Ideally one should calculate the earning to book value. If the earnings are not much then either there is inefficiency of networth or inflated networth. Now RIL which has a book value of Rs.800 is earning just about 60 per share. This clearly shows that efficiency of fund is not good or the networth is inflated. To me RIL today is over valued & it's earning will catch up to its today's price only in 2024.
kudos,congratulations bringing truth forward
Truth and returns has no relation, People who stick to the truth, failed to earn money, especially in RIL case.
Saurabh you are great. At last someone who speaks the truth and this is music to my 👂ears.
Result we what happened in hdfc life ITC is good in term of one year
PE has zero value...pearls of wisdom by the big man!!
PE is used to compare in terms of multiples in FCFE and not that normal one you think of. Please do MBA before commenting such. Nifty PE is different because you can't compare it with stocks and stocks' PE has to do with multiple cash flow purposes
@@sukhad374 sorry i didnt mean to question anybody's knowledge of investment principles. I am sure no one is taking advice from me. Btw, we always can have a civil discussion on any topic, no need to get worked up. And also thanks for your kind advice, i will consider doing my MBA again. :)
Audio quality is very poor