Utkarsh Singh

Life grows relative to one's investment in it. Professional Cricketer. St.Stephens'19~India U-19🇮🇳~Punjab Kings IPL ~Finance enthusiast

[Utkarsh Singh @Utkarshsingh107]

Some thoughts on what will it take for India to be a developed nation ~

https://t.co/9DnHLOnJhg

[Utkarsh Singh @Utkarshsingh107]

@Normal_2610 They should comfortably beat both revenue and EBITDA guidance in FY27.

https://t.co/bv4EYDZBt0

[Utkarsh Singh @Utkarshsingh107]

@EquityValueIn Looking forward

[Utkarsh Singh @Utkarshsingh107]

Live as if you will die tomorrow. Learn as if you will live forever ~ @MohnishPabrai

[Utkarsh Singh @Utkarshsingh107]

@shubham1492 Does this mean Angel One should trade at Groww valuation multiples?

[Utkarsh Singh @Utkarshsingh107]

@mjmauboussin is one of the best teachers out there for corporate strategy and equity research. Over the years, I have read several of his papers and here are my notes on them:

I will keep updating this sheet as I read through more of his work.

https://t.co/ZgigPevEkw

[Utkarsh Singh @Utkarshsingh107]

Being skillful is one part of the game, finding the right game to play is equally important. Curiosity, constant learning, thinking across disciplines are some very important habits.

[Utkarsh Singh @Utkarshsingh107]

People can say buying & holding an index fund is easy but dealing with psychology is the difficult part. Can you really hold on when decadal returns are negative or sub FD returns? As it's said, investing is simple but not easy. Anybody who thinks it's easy is stupid. (2/2)

[Utkarsh Singh @Utkarshsingh107]

Avg annual return for S&P 500 is 10% since 1970, however, never has annual decadal return been in between 8%-12%. That is the nature of equity markets, long-term averages are rarely the case in yearly, multi-year cycles. (1/2)

[Utkarsh Singh @Utkarshsingh107]

Tomorrow’s outcomes that are different from today’s perceptions lead to revisions in expectations that are the source of excess returns. ~ (2/2)
@mjmauboussin

[Utkarsh Singh @Utkarshsingh107]

The one job of an equity investor is to take advantage of gaps between expectations and fundamentals. Expectations reflect the future free cash flows a company must deliver to justify today’s stock price. Fundamentals capture the company’s actual results. (1/2)

[Utkarsh Singh @Utkarshsingh107]

@EquityValueIn That’s honestly my main concern too!
Let’s see if they can manage to improve disbursement/AUM growth (while maintaining quality) through expansion into deeper geographies and tech initiatives.

[Utkarsh Singh @Utkarshsingh107]

@bharatbetpf Best economic expert out there @neelkanthmishra

[Utkarsh Singh @Utkarshsingh107]

@Meet_Mehta24 @EquityValueIn 100% agree. But next year should be better than this year in growth terms. If that happens then I don’t have a problem owning an ahfc growing at 18% with best in class asset quality at 1.7x current P/B. Rest only time will tell.

[Utkarsh Singh @Utkarshsingh107]

@I_m_Anshuman_P @EquityValueIn Any fillip in growth should lead to some re-rating as well. 17-18% growth is very doable seeing the expansion efforts and benefits from technology transformation.

[Utkarsh Singh @Utkarshsingh107]

@EquityValueIn How do you decide to exit, especially in a stock that is likely to perform strongly on fundamentals and the valuation isn’t egregious?

[Utkarsh Singh @Utkarshsingh107]

@EquityValueIn It seems to be at the cusp of a turnaround. Attractive bet!

[Utkarsh Singh @Utkarshsingh107]

@EquityValueIn Rate gain and CMS Info