My guest for today is Vikas Khemani. Vikas is Founder & CEO of Carnelian Asset Management. He has ~25 years of capital markets experience, before founding Carnelian, he was CEO of Edelweiss Securities Ltd, where he spent 17 years incubating & building several businesses to leadership position including Institutional Equities and Equity Research. he enjoys strong relationships with Corporate India and is associated with several Industry bodies & committees including the CII National Council on Corporate Governance, FICCI Capital Markets Committee, Executive Council of Bombay Management Association. He is also a member of Young Presidents Organization (YPO), a global forum for entrepreneurs and CEOs and was awarded Young Professional Achievers Award for the service sector by the ICAI in 2014. His passion for investing took shape during his college days and continues to drive him. Besides being an avid reader and poker player, Vikas enjoys yoga, meditation and has been running marathons since the last 15 years This episode is brought to you by multipie.co where we believe Investing is an ignored life skill. Multipie is building up a platform where people can form communities and learn, share , collaborate on growing their wealth using the right tools. We want your hard earned money to work for you. Show Notes: 00:00-02:40 Introduction 02:40-04:06 Vikas's EBC Trek Experience 04:06-10:11 About Vikas & Carnelian journey 10:11-13:55 Vikas's perspective on his tweet - "The desire to perform all the time is usually a barrier to performing over time." 13:55-18:02 Carnelian strategy and the shift in their strategy 18:02-21:40 Sector within Manufacturing sector where Vikas sees more potential 21:40-25:11 Does Vikas classify himself as a contrarian investor & when is big money made according to him 25:11-30:20 Vikas's best and worst investments 30:20-32:20 What is worse - 'Buying a wrong company' or 'selling a good company early' 32:20-35:34 Vikas's view on the financial sector 35:34-39:21 Vikas's view on the Reliance Industries 39:21-43:12 Investing lessons one learns from Poker 43:12-47:44 Vikas's view on digital businesses in India & their valuation 47:44-49:58 Stocks to avoid 49:58-53:00 Breaking Stereotypes 53:00-56:30 Healthy habits that one can incorporate in their daily life 56:30-1:00:10 How does Vikas make sure he is right on his spiritual track too 01:00:10-1:01:10 Book recommendation 1:01:10-1:02:30 Vikas's personal investment asset allocation 1:02:30-1:04:50 Regrets & things Vikas is looking forward to in life going ahead 1:04:50-1:07:01 Advice to 20 year self

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.

Transcript

Related