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Ashish Kacholia - Portfolio down -32%
My view is that there is no point in looking at the Portfolios of Ashish Kacholia and likes, except for just being another news and out of Academic interest.
They operate very differently. Their Risk appetite is very different.
Similarly, HNIs and family offices operate differently. Then, there are the big promoters who have made a killing by selling their part stakes in their companies. Just study Kunal Shah who made a fortune by selling Freecharge. He is just splurging his wealth 😀 ( actually he has invested small amounts (3-5 Cr) in variety of startups). It is actually equivalent to betting in a Casino and putting gamble on multiple numbers in the game. The way people put, distribute chips in the game in Casino and collect the bounty on winning. Those who have seen Casino can relate.
These Big stock market investors like Ashish Kacholia, Damani, Bhansali, Mukul Agarwal, Madhusudan Kela and so many others are very very smart people. They know technical, fundamental, they are well read, they understand finance etc etc. We are no match for them. After their stake reaches 1% in a Company, then only you come to know. They are very fast. So even piggybacking is also not easy. They will exit and you will be stuck.
Understand your own strengths and weaknesses and see what kind of person you are. Then bash on.
Money is a by product. If you try to invest in stock market for the purpose of making money, you will become a trader. Traders seldom make money. You have to understand the business and buy part of it, at reasonable valuation. You will retire Rich at young Age. Hope you all got my point of view.
