Ravi Dasam

Trekking | Investment | Geopolitics

[Ravi Dasam @RaviDasam2]

@investing_t20 My abs returns

[Ravi Dasam @RaviDasam2]

@BaluGorade PPFAS & Nifty 50 Index fund, holding since April 2020

[Ravi Dasam @RaviDasam2]

@BaluGorade Whitoak Mid cap

[Ravi Dasam @RaviDasam2]

@BaluGorade No, even today I started investing in Whiteoak Mid Cap Fund and top up on my existing SIP.

[Ravi Dasam @RaviDasam2]

@BaluGorade Great decision..!!
I invested in SSY instead of gold because I have enough physical gold for my daughter's marriage.

[Ravi Dasam @RaviDasam2]

@BaluGorade Yes I have

[Ravi Dasam @RaviDasam2]

@BaluGorade Right..
Helios Flexicap
Whiteoak Midcap
ICICI aggressive hybrid

[Niteen S Dharmawat, CFA @niteen_india]

Since yesterday, I have been hearing this nonsense from armchair analysts and overnight experts reacting to the latest company results and commentaries. "If Indian IT companies had saved some of the profits they distributed as dividends over the last few years and invested that in product development, we would have built the next SAP, Microsoft, or Salesforce."
What a load of nonsense.

I have spent over 20 years in IT companies, both services and product firms, and let me say this clearly:
If money alone could build world-class products, you have absolutely no idea how this industry works.
You don’t understand the challenges.
You don’t understand how products evolve.
You don’t understand the importance of ecosystems or the brutal failure rates involved.

Let’s get one thing straight: A services company can never, can never, build a great product internally or even externally under the leadership of the same company.

Why? Because the leadership mindset in services companies is fundamentally different.
They operate with short-term thinking, obsess over weekly/monthly/quarterly revenue and margins, and are built for execution, not innovation. Their entire DNA is optimized for client delivery, utilization, and margin tracking.

Failure, in services, is a threat, it damages client trust.
Failure, in products, is data, you learn and pivot.
Product companies require a radically different mindset:
Evangelist founders, Deep user empathy, Product-first culture, Time and patience to fail, iterate, and try again and most importantly, a market that’s ready

You don’t build category, defining products through a budget allocation. You build them through belief, obsession, and culture.

Even if Indian IT services firms had allocated money for product bets, they would have needed to create entirely separate structures, with different leadership, risk appetite, incentives, and governance. And even then success is far from guaranteed. These all are not possible under services umbrella. Many services companies tried this, hidden from outside. Almost all failed.

[Ravi Dasam @RaviDasam2]

@InvestmentBook1 Stay invested in a mutual fund, avoid direct stocks. Holding IEX since 2020

[Ravi Dasam @RaviDasam2]

@lalitinvestor Agreed

[Ravi Dasam @RaviDasam2]

@deepakshenoy Please upload video/summary on YouTube @capitalmind_in

[Ravi Dasam @RaviDasam2]

@BaluGorade Same situation in Badlapur & Dombivali since 2022.

[Ravi Dasam @RaviDasam2]

@BaluGorade Right😅

[Ravi Dasam @RaviDasam2]

@BaluGorade 50%

[Ravi Dasam @RaviDasam2]

@MetaBarca @deepakshenoy Value Research

[Ravi Dasam @RaviDasam2]

@investing_t20 Thank You.

[Ravi Dasam @RaviDasam2]

@BaluGorade 1) Buy LIC JS policy paid premium for 10 years. Then I realised this is a big financial mistake. Last year I surrendered & invested all in MF.
2) Buy HDFC Top 200 MF in 2013 and exited in 2015 to buy gold.