The Disciplined Investor

Disciplined Value Investor | IIT KGP Alumnus, CFA Level 3 Cleared | Not SEBI registered.

[The Disciplined Investor @Disciplined_Inv]

I write a Thread 🧵 every once in a while.

Here's a compilation of them, sorted chronologically for your easy reference👇

[The Disciplined Investor @Disciplined_Inv]

@tushar9590 Already purchased 3 months ago and loving it. After buying, I don't feel like taking my ICE car anywhere anymore.

[The Disciplined Investor @Disciplined_Inv]

@pranavdokania Holding Archit from 40-45 levels. Averaged Vijay Solvex at 350-400 levels.

[The Disciplined Investor @Disciplined_Inv]

Omax Autos update:

~ 50% revenue increase YoY
~ 40% revenue increase QoQ
~ Debt reduced further
~ Share of Revenue from Railways > 42% now (Higher margins)

Market cap moved from 200 Cr to 440 Cr. (PE still less than 12)

ATH: 215, CMP: 204.

Disc: Holding from 90 levels.

[The Disciplined Investor @Disciplined_Inv]

Study Omax Autos:

*160Cr debt repaid in 5 years. Selling non-core assets to reduce debt further

*Recent Promoter buying. Zaki Abbas Naseer inc. stake from 4.56 to 6.59%

*Doubled capacity for railways. 126Cr GST penalty dropped

*Mkt cap 204Cr, Net worth 317Cr , 2.6% Div yield

[The Disciplined Investor @Disciplined_Inv]

@ssbansal89 @AgrawalAnkittt Many good companies were available before last week at less than working capital.

[The Disciplined Investor @Disciplined_Inv]

Venus Remedies crossed ATH today. Its 4X for me in 3 years.

Up 17% today (CMP: 644)

Low starting valuations +
Improving Performance +
Patience and Conviction =
Multibagger

Still available at a PE of just 13!

[The Disciplined Investor @Disciplined_Inv]

Venus Remedies buying history:

• First bought at 210
• Next close to 180
• Next at 160
• Made a low of 145 in Feb'23

CMP: 330

There were a lot of naysayers but data was saying otherwise.

Believe in your process and have patience ✌️

[The Disciplined Investor @Disciplined_Inv]

@AgrawalAnkittt Thanks. Good money made in this script. Will let others make money in this now.

[Balu Gorade @BaluGorade]

Motilal Oswal midcap fund -

- Just 19 stocks with ₹37000Cr AUM
- Turnover is 120%
- Portfolio PE 52 times

This level of concentration at such high valuations needs next level conviction and confidence.

[The Disciplined Investor @Disciplined_Inv]

Study Omax Autos:

*160Cr debt repaid in 5 years. Selling non-core assets to reduce debt further

*Recent Promoter buying. Zaki Abbas Naseer inc. stake from 4.56 to 6.59%

*Doubled capacity for railways. 126Cr GST penalty dropped

*Mkt cap 204Cr, Net worth 317Cr , 2.6% Div yield

[Balu Gorade @BaluGorade]

Siddhartha Bhaiya - The GOAT.

> Founded Aequitas PMS in 2012, started around 2013

> Delivered a mind-boggling 33% CAGR since launch

> Worked nearly 7 years at Nippon India Mutual Fund before Aequitas

> Built AUM of ₹7,700 crore organically, without aggressive marketing

> Known for a strong contrarian style and focus on small and mid-cap value stocks

> Made huge in Avanti Feeds, HEG, Apar Industries, JSL, Gujarat Ambuja. Almost 100X in Avanti

> Used to say, Multi-baggers are made when there is blood on the Street

> In 2024, warned about high market valuations, moved largely to cash, and added gold ETFs.

> Started a China/Far East focused strategy via GIFT City.

> Cash, gold, and global diversification helped during market corrections.

> A true legend in Indian investing. A huge loss to the community. 😭😭

RIP, Siddhartha Bhaiya. 🙏🙏

[The Disciplined Investor @Disciplined_Inv]

@Random_Gyan Its true bhaiya. I am in shock.

[The Disciplined Investor @Disciplined_Inv]

There was always so much to learn from him every time he came on twitter spaces and clubhouse.

A really sad day for the indian investing community.

Gone to soon sir.

https://t.co/knkMBSgvMC

https://t.co/8RQsdInXZz

https://t.co/briWNFhiqe

[The Disciplined Investor @Disciplined_Inv]

Some candid learnings about the markets from today's fantastic twitter space session hosted by Siddhartha Bhaiya.

@sidd1307 @AequitasL

A thread 🧵

[The Disciplined Investor @Disciplined_Inv]

RIP Siddhartha Bhaiya

A true Value Investor who respected history and valuations. No doubt he was the best investor in India.

His earlier tweets and his views on twitter spaces were a gold mine.

In his busy schedule he once even DMed me and called me to offer a job interview.

[The Disciplined Investor @Disciplined_Inv]

Siddhartha Bhaiya 👏

Learnt a lot post covid attending his audio podcasts - learning from history, contrarian thinking and importance of margin of safety.

I remember him saying that he is the next multibagger. Truely he is.

@sidd1307

[Krishna Hegde @PositiveGamma]

Just 2 out of the 20 largest PMSs by AUM generated 1 year returns higher than bank fixed deposits !

Next time your friend brags to you about having invested in a PMS, be nice and pick up the tab for the coffee/beer.

[The Disciplined Investor @Disciplined_Inv]

Eyewear market size estimate:
~ Titan Eye: 30K Crores
~ Lenskart: 75K Crores

Titan's eyewear market size estimate will start matching Lenskart's estimates if Titan Eye + come up with some annual membership like Lenskart Gold and offers Buy1 Get1 on all their products 🤣🤣

[Tijori @Tijori1]

Titan vs Lenskart - Who to trust

Titan just mentioned in their concall that Eyewear market size is ~30k Crs right now, and ~45k Crs in 2030

Lenskart says eyewear market size is ~75k Crs now, and 1.5 Lac Crs in 2030. Their estimates for market size is basically 2.5X of Titan

Who is correct? 🤔

[The Disciplined Investor @Disciplined_Inv]

How much value you've left for shareholders?

Mr. Bansal: We create value for customers. For shareholders, valuation is what market decides. Valuation is not off.

NO. You decide when to come to market. You decide valuation (PE: 234). You pocket 800+ cr.

Shareholders will get 👍

[Mangalam Maloo @blitzkreigm]

235 PE for Lenskart? Peyush Bansal reacts

[The Disciplined Investor @Disciplined_Inv]

@9onecapital Siddhartha Bhaiya did the same

[Un-common sense @Random_Gyan]

#Gold Glitters in #India

Total Gold ever mined in the history is ~215,000 Tonnes. Roughly 2/3 of this has been mined after 1950s

Of this amount Central Banks around the world own ~35K-40K tonnes gold. Of the balance

Indian households (HH) own ~25K tonnes
China HH ~15K T

1/N

[SkyLake @SkyLake00811546]

vain glory: Boastfulness

puffery: Flattery, Excessive or insincere praise

[The Disciplined Investor @Disciplined_Inv]

Charlie's worldly wisdom comes from:

1. Taking a multidisciplinary approach: Learnings from physics, maths, economics, psychology..

2. Fundamental thinking: Everything should be as simple as possible but not simpler.

3. Lifelong learning, critical thinking and avoiding biases.

[Being Political @BeingPolitical1]

Back in 2011 , Charlie Munger shared his thoughts on Donald Trump:

[The Disciplined Investor @Disciplined_Inv]

@Random_Gyan 🙏🙏