Sanjay Kumar Elangovan Profile picture
Equity Research Analyst @ithoughtpms

Feb 4, 2023, 14 tweets

We now have @balajispice to talk about the Art and Science of Investing - the Solitaire way!

#VoicesofTomorrow #VOT2023 #ithoughtVOT

Mr G R Balaji is a passionate equity investor with over 17 years of experience in the Financial markets. He has worked with Fidelity, Reliance and IIFL Wealth across various functions in Asset Management and Wealth Management. He is also a regular columnist at The Hindu.

GREAT INVESTMENT =
STRONG FUNDAMENTALS + ATTRACTIVE VALUATIONS

#VoicesofTomorrow #VOT2023 #ithoughtVOT

USP of Solitaire PMS

#VoicesofTomorrow #VOT2023 #ithoughtVOT

Solitaire is a portfolio of market leaders!

#VoicesofTomorrow #VOT2023 #ithoughtVOT

Superior Balance Sheet: low leverage portfolio

We take half the risk of the Index in terms of leveraged companies!

BALANCED SECTOR COMPOSITION

Solitaire Investing Framework 1 with Twitter's favourite ITC as an example:

Patience is a good virtue!

#VoicesofTomorrow #VOT2023 #ithoughtVOT

Framework 2 - Investing is counter-intuitive

The best hotel stocks have done 1x- 2x better than Nifty 50!

#VoicesofTomorrow #VOT2023 #ithoughtVOT

Framework 3 - Seeking long term performance!

#VoicesofTomorrow #VOT2023 #ithoughtVOT

Framework 4 -
Valuation matters!
Cant overpay even for a great business.

Walmart is up only 2x in 23 years despite EPS growing 4.9x!

#VoicesofTomorrow #VOT2023 #ithoughtVOT

Framework 5 -
Daily usage products - both in consumer and industry

Which is the best performing stock in US?

Apple? Google? Nope. None of the FAANG stocks!

Its Monster Beverages!

#VoicesofTomorrow #VOT2023 #ithoughtVOT

Proof of the pudding:

Solitaire performance!

#VoicesofTomorrow #VOT2023 #ithoughtVOT

Share this Scrolly Tale with your friends.

A Scrolly Tale is a new way to read Twitter threads with a more visually immersive experience.
Discover more beautiful Scrolly Tales like this.

Keep scrolling