The Captain Profile picture
Ship Captain. Investor. Speculator. Voracious reader (~100 books a year). I like to compound wealth, knowledge and wisdom, one day at a time.
14 Mar
I was studying the performance of #Jubilantfoods over the last 10 years & came across some interesting facts which assert that investing is easy, but yet so difficult.

1. It is more than a 35 bagger since its IPO in 2010. All of us loved Domino's pizzas & it was clear that the
product is awesome & their market is huge, yet how many of us bought it? More importantly - for those who bought, how many held through multiple drawdowns to generate a 35X?

2. It was almost a whopping 9 bagger in the first 2.5 years: from 80 in Feb'10 to 700 in Oct'12!
3. And then the stock went nowhere over the next 5 years until Sept'17. Now seriously ask yourself that question - how many of us have the patience to hold a non-performing stock in our PF for that long despite knowing that its a 9 bagger previously? Not many, I would assume.
Read 13 tweets
12 Mar
#burgerkingIndia - A company worth keeping an eye on over the next few years.

It is part of the high growth QSR industry which has secular tailwinds.

Sharing some notes:

⬇️⬇️⬇️
First the industry -

QSR (Quick Service Restaurants) space is expected to grow at around 20% and is expected to be 75-80,000 cr in 2025. In FY'20, it was at 35,000 cr.

Young demographics & a growing middle class is a big tailwind for the industry.
Its peer #jubilantfoodworks has been on a tear since its IPO. It's a cool 30 bagger since 2010. They have about 1350 stores in the country presently - the highest.

Coming to the company -

@burgerkingindia has about 270 stores presently & management wants to take that to 700
Read 12 tweets
1 Feb
Studied #routemobile over the weekend and sharing some notes...

I hope it is helpful. Pls correct and/or add if I missed out on something crucial.

Thank you. 🙏

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1. Founded in 2004 & founders still at the helm which is always a great sign. Started with an initial investment of just 1 lakh rupees and the founders raised no more money until the IPO.
2. About 8-9 companies globally in the CPaaS industry; Twilio (D: I'm also invested in it) in US is the leader with mcap of $50B & expected revenue of $1.6B in FY'21. It's growing its revenues at 50% yoy with gross margins above 50%, and so market is pricing it acc'ly.
Read 15 tweets
29 Jan
What an amazing presentation! Loved how @ravidharamshi77 brilliantly started off with global macros & capital markets, and then gradually migrated to Indian equities, summing up his thesis for a bull market case!

@MadhusudanKela @VQIndia @sameervq

My key learnings: ⬇️⬇️⬇️
First, the BEAR case:

1. Bitcoin has surpassed all the bubbles of the last 45 years in extent that includes Gold, Nikkei, dotcom bubble.
2. Cyclically adjusted PE ratio for S&P 500 almost at 1929 (The Great Depression) peaks, at highest levels except the dotcom crisis in 2000.
Read 18 tweets
28 Jan
My key learnings from the great book "The Psychology of Money" by @morganhousel

A THREAD ...
1. People who have control of their time tend to be the happiest in life.
2. More than wanting big returns, I want to be financially unbreakable. And if I'm unbreakable, I'll get the biggest returns, because I'll be able to stick around long enough for compounding to work wonders.
Read 16 tweets
27 Jan
My key learnings from the great book "The Psychology of Money" by @morganhousel

@contrarianEPS @pankajbaid17 @nid_rockz @rohitchauhan @ipo_mantra @utsav1711 @insharebazaar @hiddengemsindia - Please retweet to reach a wider audience. Thank you.

A THREAD ...
1. People who have control of their time tend to be the happiest in life.
2. More than wanting big returns, I want to be financially unbreakable. And if I'm unbreakable, I'll get the biggest returns, because I'll be able to stick around long enough for compounding to work wonders.
Read 16 tweets
27 Jan
My key learnings from the great book "The Psychology of Money" by @morganhousel

@Iamsamirarora @safiranand @dmuthuk @unseenvalue @Vivek_Investor @varinder_bansal @FI_InvestIndia @Nigel__DSouza - Please retweet to reach a wider audience. Thank you.🙏

A thread ...
1. People who have control of their time tend to be the happiest in life.
2. More than wanting big returns, I want to be financially unbreakable. And if I'm unbreakable, I'll get the biggest returns, because I'll be able to stick around long enough for compounding to work wonders.
Read 16 tweets