Investment Philosophy
Investment Philosophy
Our core philosophy is painting the wall and seeing it dry and sowing the seed, seeing it grow over time and bearing fruits. We seek to invest in high quality listed Indian companies run by an efficient management. Humungous market size opportunities in which they operate. Enjoying sustained long-term competetive advantages and available at deep value for some reason.
Our Investment Approach ensures:
- Pricing the value rather than valuing the price
- Building a portfolio of compounding opportunities
Key Investment Attributes :
Size Of Opportunity
- Size of pond v/s Size of fish
- Dominance
- Resilience
- Liquidity
Quality Of Business
- High quality of business
- Strong moat, impregnability
- Sustainability
- Key pivot of strong wealth creation
Earnings Growth
- Quantum
- Consistency
- Durability
- Predating (Early v/s. Later)
- Compounding power
Value
- Favourable price-value gap
- Margin of safety
Proprietary idea generation
“This is an ideas business. At its core, good investing is about generating good ideas. Over time, it is only by following up on ideas that are acted upon that any investment team can create value.”
This involves reading annual reports, analyzing industry reports, generating deal screens, reading and analyzing the business press, deep diving into stocks that are out of favour or have sell recommendations, and attending seminars and conferences, attending quarterly concall of maximum company possible ,management meeting plant and office visit ,rigorous promoters back ground check ,following Great Investor stock picks understanding there thought process anything under the sun which helps in generating returns..We thoroughly bring in hard and soft skill ie art and science of investing.
Active fund management follows the principal of risk adjusted return and understanding the underlying riskiness of the business. Predictability of performance is the key. We create co-owners in businesses rather than merely buying shares. Long term investing is a value-oriented philosophy. It is about identifying businesses that grow to become multi-bagger opportunities, which requires time.
Businesses become multi baggers when they mature, and investors with patience can derive benefits from such stocks. The buy and hold approach involves being patient with a stock based on its fundamentals and ignoring short term news flow. Our approach is simple and based on common sense that is so uncommonly practiced. Temperament is an attitude of response towards happenings and probably more important than technique. Conviction that arises out of a well-thought out rationale and deep reflection is the foundation on which good ideas prosper. It is our belief that our approach coupled with the power of compounding has the potential to generate significant wealth creation for our clients over the long haul.
Moneyore advises concentrated positions in companies stocks, businesses that we can understand, that can compound earnings over long periods of time with high degree of probability, and are available at a fair price.