The best host in one who just shut up & let the guest do all the talking.
Rarely do you find such hosts. Vishal (@safalniveshak) is one such rare one.
Top 10 learnings from the Vinod Sethi show.
1. Life is not about Incremental Growth but making yourself ready for Leaps and Bounds. Life often gives you those sort of opportunities .
Recognize it.
2. Education teaches you foolish things like success & Darwinian concepts like survival of the fittest. They don't teach you other things like courage, faith, conviction, risk taking etc that matter more.
3. Price you pay for not being courageous is also very high. So better be courageous than not.
4. Living without the regrets of missing out. Market is like a river. And you are a fisherman with a net to catch whatever you can. You can't catch all.
5. Fundamentally, an entrepreneur is a motivated person. What he/she says doesn't matter. Footprints matter more. You can see the footprints in Annual Reports.
6. Delink the analysis from investing action. Don't buy just because you have done your homework. System is geared towards activity. A fund manager should keep away from activity.
7. A Child in you never dies. We bury it but it's always there. Don't wait for reaching 40 to retire. Retire everyday. Work every day. Enjoy every day.
8. In the past, India's gdp had been 20-30% of Global GDP. India will catch up to that over the long term.
9. You desire to live. But you desire to die too.
10. Life is too grand to have a meaning or purpose.
Some great businesses discussed.
HDFC, Hero Honda, Tata motors , Infosys & many more.
And many more life lessons.
A must watch.
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• Con Rev down 146% YoY & PAT up 57% YoY in Q4
• Entering outdoor lighting & refrigerator segments
• Applying for PLI schemes for mobile phones, AC components, lighting, IT hardware & network products
Leading producer of Synthetic Rubber & Synthetic Latex in India
Broadest Range of Emulsion Polymers in the market
Fasten Your Seatbelts & Enjoy the ride 🙂
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Evolution
1980: Started as a division of Asian Paints
1991: Becomes public ltd
1998: Started HSR prodn 10k MT p.a.
2005: Name changed to Apcotex
2009: Entered Acrylic Emulsion business
2013: Latex capacity increased from 40k to 55k MTp.a.
2016: Omnava Solutions Acquisition
• Con Rev up 25% YoY & PAT up 17% YoY in Q4
• Freeze-dried at 62% utilization in FY21
• Vietnam utilization at 95% in FY21
• India branded Sales at Rs 100 Cr in FY21
• Revenues up 25% YoY
• All categories except Fabric Care see >33% YoY growth
• Mkt shr gain of 120 bps in Exo, 130 bps in Pril, 170 bps in MaxoCoil, 40 bps in MaxoLV, 60 bps in UjalaW & 100 bps in UjalaIDD.