Thread by @BaluGorade

Finished reading Coffee Can Investing book by saurabh mukherjae and team @MarcellusInvest
Its Best suited book for beginners,

Few imp points from the book👉
-Invest max in equities for long term
-RE, Gold, FD these assets have underperformed equities by significant margin

-Filter for CCP stock selection=
Mcap >100Cr
Revenue growth >10%
ROCE >15%

For financials
Loan book growth >15%
ROE >15%
(Nos for 10 consecutive years)

-Identify Great business=Sustainable competitive advantage+great management

-Invest in high quality biz n sit tight for long

-Its very difficult to generate alpha for mutual funds, so prefer low cost index fund/ETFs
-Prefer direct plan for mf
-Keep cost low
-Avoid investing in real estate

-Small caps have the potential to grow their profits much faster than largecaps, dont ignore them.

-P/E,PEG can mislead, co with higher marginal return on capital, competitive strengh, cash flow, deserve more p/e multiples

-Combine patience with high quality pf= outstanding returns with low volatility

-when market is overvalued, dont sell just sit tight n buy more when it corrects significantly
-CCP can outperform to major indexes over long term
@Vivek_Investor @AdityaD_Shah @dmuthuk @datta_arvind

Major *Indices