One of our investor friends is an ex @PPFAS but does not want his name to appear here.
He made some hard-hitting points to disprove the opinion formed in the above blog post which we believe cannot remain confined in a closed investor group.
So here we go.
~Comparison of PPFAS with NASDAQ 100 for the entire time period is a flawed logic (check image)
~35% allocation is overseas and not NASDAQ.
~allocation to NASDAQ based stocks was very low in the initial period
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'tΒ teach you other things like courage, faith, conviction, risk taking etc that matter more.
β’ Con Rev down 146% YoY & PAT up 57% YoY in Q4
β’ Entering outdoor lighting & refrigerator segments
β’ Applying for PLI schemes for mobile phones, AC components, lighting, IT hardware & network products
β’ Con Rev up 19.6% YoY & PAT up 22% YoY in Q4
β’ EBITDA/ton at Rs 19465 which is up 16.4% YoY
β’ FY21 volume growth of 11.2% in India & 8.2% in AMET