📢Update:
All episodes of our podcast🎙️series 'Breaking Investment Stereotypes' with @singhalrajk are now available on our Youtube channel!

Podcast with Saurabh Mukherjea (CIO, Marcellus) here:

Please subscribe🔔for alerts.

Short🧵on episodes 👇
1/n
Ep. 8
Guest: @Lakshmi1876 (Debt CIO, Kotak AMC)

✍️State of Fixed Income securities in India
✍️India versus US fixed income
✍️Understand global macro & RBI response
✍️Credit risk fund and Global debt funds
✍️Asset allocation and risk management

Link:
2/n
Ep. 7
Guest: Alok Jain (Founder, @WeekendInvestng)

✍️Origins of weekendinvesting.com
✍️Experiment with various styles
✍️Exit principle on positions
✍️Psychology and investing
✍️Managing drawdowns
✍️On journaling trades and investments

Link:
3/n
Ep. 6
Guest: @Gautam__Baid (Fund Manager, Author - 'The Joys of Compounding')

✍️Journey from Kolkata to US
✍️Dealing with 1300+ job rejections
✍️Overrated & underrated aspects of investing
✍️The joys of Compounding
✍️Mistakes and learnings

Link:
4/n
Ep. 5
Guest: @Abhay__Pandey (Founding Partner, a91partners.com, ex-MD Sequoia India)

✍️Journey from small town to a leading VC
✍️Magic of good founder🤝good market
✍️Stereotypes in private investing
✍️Booming Industries for next decade

Link:
5/n
Ep. 4
Guest: @AbhishekTracxn (Founder, @Tracxn)

✍️Indian startup ecosystem & future outlook
✍️Will startups be able to monetize
✍️Getting funded by Mr. Ratan Tata
✍️Story being an early investor in Flipkart
✍️Learnings from failed companies

Link:
6/n
Ep. 3
Guest: Vaibhav Sanghavi (@managingmoney); Co-CEO, Avendus's Hedge Fund (largest in India)

✍️Introduction to Hedge Funds
✍️How to react to volatility
✍️Models for tracking funds
✍️Chess & investing
✍️ESG Investing
✍️Rise of retail investing
Link:
7/n
Ep. 2
Guest: @KalpenParekh (President, DSP MF)

✍️Deep thinking and Investment philosophy
✍️On Psychology of Money
✍️Risk management and elimination
✍️On investing in Gold
✍️Views on career building
✍️On ethics
✍️On lifelong learning

Link:
8/n
Ep. 1
@singhalrajk and Sandeep Baid (Co-founders, Multipie) - The start

✍️ 20+ year of investment journey across fixed income & equity asset classes
✍️Learnings from multiple market cycles
✍️Discussion on Intelligent Investor by Benjamin Graham

Link:
9/n
10/n

To listen on key platforms such as Spotify and others, check and subscribe at: podcast.multipie.co for updates.

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More from @MultipieSocial

24 May
Hello folks!

Take a work break and check out what we found interesting - snippets, reading and video links from last week.

Sharing curated #MultipieWeekly🌱(#3) for you
1/12
1. Banking result season for Q4 has come to a close, so we compared "Total net addition of stressed loans" across Tier I Banks in FY21.

Do you see a surprise?
Data source: Ambit research
2/12
2. We found this table on valuation of agro-chemical players worth highlighting.

At 43x P/E, the mean valuation of the pack is higher than historical averages and inching towards FMCG valuations. Is there Margin of Safety?

Note: EV = MCap + Net Debt (Debt - Cash)

3/12
Read 13 tweets
19 May
Revolution, Digital Gold, Ponzi, Scam..

“Bitcoin” – almost everyone has an opinion on it! Bitcoin, along with other coins in Crypto Land, have seen a steep correction in last few days.

Let's use this fall to simplify and de-jargonize the complicated world of Bitcoin.
Thread 🧵
𝐎𝐫𝐢𝐠𝐢𝐧𝐬: Bitcoin was born in chaos, in the aftermath of 2008 financial crisis – banks collapsing, counter parties abetting on contracts and declining trust in Central banks. It was designed as a peer to peer decentralized monetary system devoid of intermediaries.

1/n
The domain Bitcoin.org was registered in Aug 2008 and the Bitcoin paper (bitcoin.org/bitcoin.pdf) was published on Oct 31, 2008. This started the journey of Cryptocurrency.

Bookmark this visual comic form explanation of the whitepaper: whitepaper.coinspice.io

2/n
Read 22 tweets
17 May
It's a new week and a pleasant rainy morning here in Mumbai!
Grab some tea/ coffee as we share some snippets and readings from the week gone by that we found interesting.
#MultipieWeekly
1/n
1. Interesting slide from CRISIL that depicts the trend of raw material cost inflation across industries and their ability to pass on the cost to end user (pricing power).

2/n
2. General and health insurance companies are seeing a major spike in Insurance claims as a result of larger than anticipated second wave.
Source: Business Standard

3/n
Read 14 tweets
16 May
Continuing with our Q4 and FY21 results coverage.

𝐈𝐧𝐯𝐞𝐬𝐭𝐨𝐫 𝐩𝐫𝐞𝐬𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐞𝐱𝐭𝐫𝐚𝐜𝐭𝐬: In this thread, we will highlight select extracts from company presentations that we found interesting.
PS: None of it is an investment advice.
#Q4withMultipie
1/n
1. L&T Infotech: Between 2019 and 2021, LTI has deepened its' capabilities and offerings into top tier of partners across key platforms such as AWS, Google Cloud, IBM, Services Now and Snowflake.
#Q4withMultipie

Link:
archives.nseindia.com/corporate/LTI_…
2/n Image
2. Supreme Industries: Supreme has market leadership (or among Top 3) in each of its segments - Plastic piping, furniture, packaging and industrial products.

Both P&L and Balance sheet look stronger at FY21 end as highlighted.
#Q4withMultipie

Link:
archives.nseindia.com/corporate/SUPR…

3/n Image
Read 35 tweets
15 May
We are starting our Q4 and FY21 results coverage starting today. Updates will be added in this thread.

𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐫𝐞𝐝𝐮𝐜𝐢𝐧𝐠 𝐃𝐞𝐛𝐭: List of companies that have been reducing total debt between Sep' 19 & Mar' 21 (S. No. 1-12)
#Q4withMultipie
1/n Image
𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐫𝐞𝐝𝐮𝐜𝐢𝐧𝐠 𝐃𝐞𝐛𝐭: List of companies that have been reducing total debt between Sep' 19 & Mar' 21 (S. No. 13-24)
#Q4withMultipie
2/n Image
𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐫𝐞𝐝𝐮𝐜𝐢𝐧𝐠 𝐃𝐞𝐛𝐭: List of companies that have been reducing total debt between Sep' 19 & Mar' 21 (S. No. 25-36)
#Q4withMultipie
3/n Image
Read 14 tweets
10 May
It's a new week!
Here are are some snippets and readings from the week gone by that we found interesting.

1/n
There is a debate brewing up whether the current Steel rally is structural or cyclical. The mgmt of Tata Steel says this is not just cyclical (source: Q4 earnings call).
Munger has a word to say about Cyclicals.
Meanwhile Iron Ore Futures are up 10% today. What do you think?
2/n
As the second wave ravages the economy, Ministry of Finance has sounded off industry about downside risks to growth. But the market is unrelenting.

PS: Cases in Tier 1 cities are showing some respite.

3/n
Read 10 tweets

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