Equity Portfolio Manager. Views on Indian Equities. Retweets are not endorsements. No Stock recos. #InvestorFirst
Oct 25 • 8 tweets • 2 min read
The debate around overcapacity in India’s solar PV manufacturing misses the forest for the trees.
This isn’t just an industry cycle. It’s a national strategic play. India is building a walled garden — not for protectionism’s sake — but for energy security and independence in an era when every nation is looking out for itself. 1/8
Consensus narrative:
Too much capacity.
No real economic moat — just regulatory support.
Industry won’t make money without protection.
But here’s what that misses: this is not a commodity industry being shielded — this is a critical energy transition supply chain being built from scratch. 2/8
Oct 2, 2021 • 15 tweets • 3 min read
A Long thread....Gandhiji has had so many timeless lessons for us, his lessons and stories have guided India with its resilience & strength during the struggle for independence. My experiments with the Truth, as an “Investor “, An investing masterclass from Gandhiji – 1/15
However there are so many surprising correlations in his thoughts for us in the investment world & they are so stark, it almost that Gandhiji was an early value investor, well, he did bet on India, much before anyone else did. 2/15
Lot of people feel that market memory of 2008 is forgotten. March 2020 was a stark reminder on 2008 (in case it was forgotten). I feel market memory of 2003 - 2007 is forgotten. People have forgotten what a bull market feels like. Why is it imp to know this is bull market? 1/7
Knowing where we are in the cycle of market is very important. And I would recommend 2 books for that. 1. Mastering the Market cycle - Howard Marks and 2. Edwin Lefèvre’s book: Reminiscences of a Stock Operator. 2/7
