Where Is The Next Big Thing? Kenneth Andrade @KotakSecurities #KotakMidCapMeet15


wealthymattersSo interested in becoming the person to build the next industry dominating Large Cap Company?

Kenneth Andrade has an insight for you.

Locate a currently unorganized sector of the economy, better still locate a business that is not yet even an industry. Start small, build a brand and then grow steadily, consolidate and then dominate the sector.

PS the insight also works for investors, VCs etc who’d like to early on identify and back the next big thing.

‪#‎KotakMidCapMeet15


wealthymattersAt the @KotakSecurities ‪#‎KotakMidCapMeet15‬ ,Grand Hyatt Mumbai

‪#‎KotakMidCapMeet15


Kotak SecuritiesHappy to accept the invitation to @KotakSecurities ‪#‎KotakMidCapMeet15‬ tomorrow. I’m honoured to be one of only 2 finance bloggers to be invited, Mr Sandip Sabharwal being the other.

Looking Forward to hearing Mr Nilesh Shah, Mr Kenneth Andrade and hopefully Mr Sandip Sabharwal speak on mid-caps.

My friend and fellow blogger, Bhavikk Shah has already sent me his question to ask Mr Andrade , should I get the chance.

And I extend the same chance to all my readers. Please comment your questions below. Should I get the chance, I’ll try to get your queries answered by these ace investors.

Cut Your Losses Fast


And here’s why……..

wealthymatters

What’s the chance that your losers will give the sort of chart busting returns to recoup your losses?In the mean time you are losing the chance to earn at least savings bank returns on your money.You don’t get to spend the sort of money your managers are losing you.Inflation is making the remaining less valuable.And you are losing out on money you could make by reinvesting in better avenues.

Its painful to lose money but more painful to stick with the losers.

 

Muhurat Trading


 

The  festival of Diwali is associated with Laxmi, the goddess of wealth; it is considered an auspicious time for spending and earning money. The customary trading tradition on the day of Diwali is unique to India where markets open for a short duration in the evening to pay obeisance to Lakshmi, the Hindu goddess of wealth and prosperity. This Muhurat Trading is a centuries old tradition. The day holds significance as it marks the beginning of the New Year, as per the Marwari tradition.Also the Gujarati new year begins a day after Diwali.

More often than not, the benchmark indices have ended higher, albeit by a small margin. The time for trading is specified by the exchanges and usually takes place for about an hour.This year,the  Muhurat trading  happened on 13 November between 3:30pm and 5:15pm.

Muhurat trading happens not only in stock markets but also commodity exchanges. Major commodity exchanges like MCX, NCDEX and others were open for trade from 5:30 pm to 8pm. Read more of this post

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