Sandeep Patel: Investment Journey & Philosophy


(Sandeep Patel) #1

A glimpse of my last four years of investment style/ journey. Prepare to be underwhelmed.

Sharing presentation from the VP Chintan Baithak Goa July 2016 -
Investment Journey - Sandeep Patel.pdf (565.8 KB)

To be honest I’ve been lucky -

  • Lucky to have won the ovarian lottery - born in India; >10% nominal GDP growth, 1.3B population, low base.
  • Lucky to have come across ValuePickr platform - one that focuses on good process. If you have got the process right, the results will follow.
  • Lucky to have access to different investment styles, experiences and methods used by successful investment gurus at the click of button.

As a student, am doing a simple task of working hard to read, understand, digest and apply the VP processes and invaluable experiences generously shared by investment gurus. Thankfully, have got passion and a bit of temperament. Has been an awesome journey so far. Hope the good run continues…

Thanks to everyone for the tremendous collaborative effort and knowledge sharing.

Cheers,
Sandeep

Current portfolio (Jan 2017) -


(Sridhar) #2

Looks Excellent - VP kind of portfolio


(Vivek Gautam) #3

Awesome presentation. Very concise but each and every word worth is weight in gold. I am very sure if followed the advice will create huge wealth.

Many thanks


(Meet Makadia) #4

I enjoyed reading the concise note and I like the portfolio too. I will surely steal the simplicity with which you have presented your thoughts.


(Hitesh Patel) #5

Sandeep is a very savvy long term oriented passive investor. I have had the joy of sharing a lot of time with him at VP Goa meet.

Good portfolio. I think with the kind of tracking of shrimps etc you do, I would have expected a higher allocation to Avanti.

regards
hitesh.


(JayaPrakash) #6

Why you did not considered Metals and Oil related stocks ? Any specific reason


(Mridul) #7

@lustkills Sandeep bhai - I am trying to find some good, reasonably valued companies in food industry. (especially organic segment). I am sure you are aware of the long runway ahead for the organic food industry in India. Do you like anything (not a tip seeker)…just trying to dig more into this sector as everything i find looks overvalued ;-)? Heritage foods, Hatsun, Tasty bites, ADF, DFM (not necessarily organic) are good businesses but extremely overvalued at the moment. Would love to hear your thoughts.


(Samir P H) #8

@spatel Its been sometime since you updated this thread. I admire your way of constructing the portfolio and making those appropriate allocations.

Also what is your strategy in current euphoria scenario?


(ASPN) #9

Rightly said @spatel. I infer that you are clearly focused on Consumption theme, isn’t it? Are you working on any such stories? Pls do share.

Rgds,
Advait.


(Sandeep Patel) #10

@samirhuli and @Advait_6270

At a high level, strategy remains the same - Focus on size of opportunity, predictable sustainable earnings growth - double in three years type…

One change in strategy - Tuning mind to focus more on domestic business, less on export heavy business.

India has one of the fastest growing middle class. At current rates of growth, by 2021/22 India may have as many households with disposable income of $10,000+ as the U.S. or the eurozone. Exciting times ahead.


(Dhiraj Dave) #11

@spatel

Great to get update on your portfolio. Just one unwanted advise. It seem you have too much concentrated on NBFC/HFCs with 5 of total 16 names being from that sector with Bajaj/Piramal/Edelweiss/Muthoot being 4 of top 7 seven holding.

Also, you may explore looking at metal/infra sector in your opportunistic part of portfolio in my opinion.

Good to see you have adpted learning technical analysis. I still do not have confidence in my skill :thinking:


(Dr. TarunDS) #12

Hello @spatel,
Really liked ur portfolio update in Nov ‘17.
Would yu like to share the changes after this correction?
Regards


(Sandeep Patel) #13

Hello Dr,

Thanks. Will share in early May '18 (basically 6 months interval). Cheers.


(Dr. TarunDS) #14

Sure. Wating for ur update
Regards