Can we please stop dedicating this thread to analyze the merits/demerits of Marcellus Portfolio!!
Else, lets just rename this thread to “Marcellus Coffee can Portfolio” and start a new thread to discuss the concept!
The problem is that this thread contains an equal number of useful non-Marcellus discussions also.
As has been told before, Coffee Can is a thematic concept and Marcellus (previously Ambit) are just some of the well known Indian propounders. There are such propounders in the Global scene also. The screens and qualitative aspects vary somewhat though.
Regarding the ‘open’ nature of the portfolio one should know that in the age of Internet things hardly stay hidden. One can easily know the top holdings of Malabar, Amansa, Nalanda, Valuequest in so many sites (e.g. Trendlyne). Marcellus PMS has smaller AUM and doesn’t own more than 1% of any public companies and so their portfolio isn’t available in those sites. Also they mostly seem to be an advisor. Likewise some smaller PMS / Advisors also share names of their portfolio in cryptic language which doesn’t make it difficult to decipher the holdings.
Lastly many such advisories have 15 days no-question-asked refund policy which makes it easy to clone their portfolio.
But does cloning help?
Well-known microcap investment manager Ian Cassel recently told “You can borrow someone else’s stock ideas but you can’t borrow their conviction. True conviction can only be obtained by trusting your own research over that of others. Do the work so you know when to sell. Do the work so you can hold. Do the work so you can stand alone.”
Request you to read the following article from Value Research Advisory which has similar refund policy.