Hi Ananth,
Like your approach and logical questioning style. Please wait for the Management Q&A to come out. Unfortunately I am caught in some very urgent work on multiple fronts - and then we had the unnecessary diversions for couple of days - occupying much of my time in defense. So this will have to wait for a few days till I finish transcribing from my scribbled notes- the entire 6 hr+interviews.
Ananth - have you introduced yourself in the Expand your circle intro thread. If not please, do. And where are you based, etc. You may be able to add good value to Team ValuePickr efforts.
I wish and hope everybody adopts this simple logical way of questioning data/interpretation put up by us. So many smart guys I know at VP remain caught in pardon me - Intellectual Traps - keep parroting stuff like re-rating, multi-bagger, high ROE, good cash flows, ethical promoter - and I never really see them meaningfully dissect new stock ideas with merit - with any consistency:(.
Some folks say (in defense) they donāt have enough time - being in full time jobs - but hey some guys are spending considerable time - morning and evening at the site - commenting similar stuff - a lot in each others Portfolios endlessly - essentially the same kind of comments - I donāt see any growth in these guys over the last 6 months, a year or 2 years - such a pity - such a waste of talent:(.
After the initial reading up - where you form the essential concepts and your comments - on the same stuff - re-rating, multi-bagger, high ROE, good cash flows, ethical promoter etc - which are good stuff in abeginners arsenal - its time to step up - dive deep in atleast 1 emerging business - have the aim of becoming the go-to-guy on that business fro everyone at VP - which means you have on your finger-tips whatever is publicly known about the company, and are ahead of most folks on new developments and/or facts/nuggest of additional layered info - 2nd or 3rd level of detail that most folks dont know or care to dig enough - but that is the superior edge you have in the business.
I can honestly say - except for an Omprakash (Kaveri, Avanti, Shilpa fame) or a Vinod MS (Kaveri, Canfin, Muthoot fame) I havenāt really seen any of next-gen ValuePickrs stepping up - growing from what they are/were 6 months, 1 year back. They are now adding solid value - but there are atleast 10 other names I could take who showed promise n potential - n great style (like Rohit Sharma till recently, in Cricket) but execution ability remains poor - for (I suspect) not going the distance in hard work, discipline, following the leads/hints that seniors provide about the process of growing up! Its not about time at your disposal, its about your passion about getting better at the game each day!
Ok - enough of pet themes and rants - what will be will be
Cheers