@VijayThk Just vocal things will not work here, the government has to provide opportunity to educated person to grow.
Bolne se ho jata to bat hi kuch aur hoti
After 8-10 crore, your own home and a nice car, there is not much difference in the quality of life between you and billionaire investors like RK Damani.
Time is the currency of life. Money is not.
Both of you have limited amount of time on earth; infact you may have twice or more time than RK Damani, so you are richer than him.
Dal roti is dal roti whether a billionaire eats or you do.
Become financially independent, which is around 8-10cr.
Have good food. Workout. Sleep well.
Meet your parents and friends.
That’s all there is to life.
Greed has no end.
Sooner you figure this out, happier you will be.
How did investors build wealth in the past?
By buying high-growth companies at low valuations.
For example:
Paying a PE of 16–20 for a company growing at 25% annually with a 25% ROCE. That’s how fortunes were made.
I prefer to understand business in this form and invest with a long term perspective-
1- 10 years ago, NP was- 145 crores
2- 4 years ago, NP was- 671 crores
3- Last year, NP was- 2029 crores.
NP is from operating business.
Now the most important question- can the company continue to grow at this pace of 25-30% CAGR for coming 5-10 years as PEG is just one. In other words-
Potential NP could be 5000-6000 crores in 5 years and 15000-20000 crores in next 10 years if so, stay invested and don’t worry yourself with day to day ups and downs. It is challenging to sail through successfully in the volatile market but it is quite possible.