Trader ArjunReddy

Fundamental & Technical analyst |investor

[Trader ArjunReddy @arjunreddy707]

@NIKHILLJHA Do we need to take health checkup before taking health insurance because we need to mention our existing diseases

[BALA @erbmjha]

To those asking, “What has India done to Pakistan?” — watch this video. RT MAX!

WE HAVEN’T JUST RESPONDED. WE’VE DESTROYED THEM COMPLETELY. 🔥🇮🇳

[Trader ArjunReddy @arjunreddy707]

@CaVivekkhatri In that case you spread false and misleading information

[Trader ArjunReddy @arjunreddy707]

@EquityFraise . Ujjj

[Trader ArjunReddy @arjunreddy707]

@ThetaVegaCap Can you show me where public share holding increasing in Rajesh exports

[Trader ArjunReddy @arjunreddy707]

@indian_stockss If that happens, think where will HDFC banks will be then

[vivan. @VivanVatsa]

After DEATH of Lord Shiva’s first wife Sati, he lost the desire to love & was only left with anger

Shiva in deep pain carried Sati on his shoulders & in grief performed 'Tandava' destroying the universe

Vishnu Ji had to use “Sudarshan Chakra” on Shiva to STOP the destruction…

[Trader ArjunReddy @arjunreddy707]

Do you remember when you joined X? I do! #MyXAnniversary

[Trader ArjunReddy @arjunreddy707]

@demon_ntr

[Trader ArjunReddy @arjunreddy707]

@shreyasgroup Pk , Prabhas , rajamouli , anirudh combo

[Trader ArjunReddy @arjunreddy707]

@Atulsingh_asan Hindi ko English me type karenge tho South ke log bhi padpayenge

[Daniel Mahncke @MnkeDaniel]

According to Charlie Munger, every investor should use a checklist system.

It's the best way to structure your investment process.

I use 6 Checklists for the entire Investment Process.

Here's what they are and why I use them:

1. The Investment Philosophy Checklist:

The first checklist is a general reminder of my investment philosophy and serves as an anchor.

It's my starting and end point.

When I start to research a new company, I'll first glance at my investment philosophy checklist and answer the questions that I can already answer.

Example:
- Am I interested in this company?
- Am I starting this analysis from a neutral standpoint?
- Is this company in my circle of competence?

After finishing my research, I'll return to this list and answer the remaining questions.

Among them are questions about my thesis, my plan for handling drawdowns, etc.

2. The Stock Selection Checklist

Before you can analyze a company, you need to find it.

I use a Stock Selection Checklist for that. I don't include numbers in this checklist, like >20% ROIC or something like that.

I do that when I research a particular type of company, for example, long-term compounders or value plays.

But, in my general Stock Selection Checklist, I focus on the qualitative side of what I want to see.

For example:
- Recurring Revenues
- A Healthy Balance Sheet
- High Margins (in absolute terms and relative to competition)
- ...

I split the checklist into two parts.
One with disqualifying features.

The other with qualifying features.

Disqualifying features immediately disqualify a company as a possible investment as soon as I recognize them.

The advantage of inverting the usual approach and starting with disqualifying features is that you sort out bad companies fast and reliably.

3. The Company Analysis Checklist

After we've found a possible investment, we can start with the company analysis.

I ask questions based on five topics:

1. Business
2. Competition
3. Financials
4. Growth
5. Management

Depending on the company you analyze, one topic might be more important than another.

A large-cap company, for example, might be less dependent on good management than micro- and small-caps.

At the same time, a specific focus on key metrics of the business might be more critical at smaller operations than complex ones with many subsidiaries at large companies.

Again, because of this difference, I didn't include strict numbers but rather qualitative questions that can be expanded with numbers depending on the company and industry you research.

4. The Investment Review Checklist

After you've invested in the company, the real work just starts.

You need to keep up to date and regularly assess whether the investment still makes sense and the thesis is on track.

For that purpose, I have a Review Checklist that I go through once a quarter (or when big news are announced).

It's a short list that ensures I'm still focusing on my thesis and don't make the mistake of holding on to an investment or panic selling without the facts backing that decision.

5/6. The Two Psychology Checklists

Investment psychology is extremely important to me.

When you've done good research and valuation work, rational decision-making is the only thing that stands between you and investment success.

I have two checklists for this topic.

The first is part of the research and valuation process and deals with all the biases that influence the valuation.

The second is part of the reviewing process and deals with all biases that influence you in assessing current holdings.

In total, the two checklists cover 22 biases.

Avoiding biases in everyday life is impossible. They happen whenever we are unconsciously thinking, and that's a huge part of every day.

But these checklists help me reactivate my conscious thinking, and whenever I look at them, I find mistakes I've made and can correct them.

The thought process these lists initiate helps me immensely.

I've sent my Checklist System ( a quick 40-pager with some explanations and all 6 Lists) to all Paid Subscribers of my Newsletter for free.

If you want to grab it, too, you can do that here:
https://t.co/NmOwuX727u

I didn't turn it into an unnecessarily long book, course, or anything like that to charge more money.

It's just the 6 Checklists with Introductions to each list and a Details Section that elaborates further on points that might need further explanation.

[Trader ArjunReddy @arjunreddy707]

@HarsimranSBajaj @PrashantYt2021 @Intrinsic_cycle It takes based on promoter holding check both promoter holdings , free float market cap

[Akshit Singh 🇮🇳 @IndianSinghh]

Justin Trudeau has made Indians realise that:

1. Indian agents are very smart and they can eliminate anyone on foreign soil

2. NSA Ajit Doval is a super spymaster and R&AW is the new MOSSAD

3. Narendra Modi govt can do surgical strike even in Canada

4. Narendra Modi govt will crush KhaIistan as they did crush Pakistan after 2014.

Thank you Trudeau for making us realise that we have voted for the right person as our PM.

[Trader ArjunReddy @arjunreddy707]

@BeyondTrading07 TCP

[Trader ArjunReddy @arjunreddy707]

@desayru @chartians Yours is also not right comparison you are comparing ITC pe with industry pe of FMCG pe , you should compare with cigerette industry pe then it is equal to industry pe ,

[Trader ArjunReddy @arjunreddy707]

@DPVEU_ @vijayantony Thagi post vesinava Meera ni laara sesnav kada

[Trader ArjunReddy @arjunreddy707]

@Stocki_zen What sin HDFC and kotak banks have done

[Trader ArjunReddy @arjunreddy707]

@drsdibyaranjan What about ipcalab ? What's your view

[Trader ArjunReddy @arjunreddy707]

@YatinMota @SumitResearch @deepaliranaa @CNBC_Awaaz 😂😂😂 you ignored 2017 , 2014 4times it crossed 85 level still bull run continue