Raamdeo Agrawal is from Raipur, Chhattisgarh. He learned CA and got done with the course in five years. Being a rancher’s child, he shares that the principal venture methodology his dad knew was saving and investing resources into his children. Raamdeo Agrawal moved to Mumbai to pursue his higher education.
It was in Mumbai where he met his soon-to-be partner and colleague, Motilal Oswal. Their ways crossed as they lived in the same hostel. Motilal Oswal is an exceptional academic individual who had a significant interest in pursuing organisation reports and balance sheets.
In this article we will look at the Raamdeo Agrawal investment strategy – The QGLP checklist.
Raamdeo Agrawal Investment Strategy – Quality, Growth, Longevity and Price
1. Quality
Raamdeo Agrawal realised the importance of this strategy when putting resources into Financial Technologies. This is a model he shares as one of his unfortunate decisions. When he invested in Financial Technologies (India) Ltd., he made a mistake. This caused him to understand the significance of the nature of the executives in an organisation. He paid Rs. 1150/- for the pieces and then had to sell them for Rs. 150/-.
Raamdeo guaranteed that he generally gave more consideration to the administration after this. He also considers it central in evaluation – the wide range of various information is open to the ordinary public. Yet, the administration is left in obscurity. He assures that his speculations have great, legit, and straightforward administration. The administration ought to likewise deal with the investors, give ideal profits, and have the capital for development.
2. Development
Raamdeo considers a development stock of major importance for any organisation. He says that contributing is only sorting out the future profit’s current worth.
3. Life span
This strategy urges financial backers to put resources into organisations that have been around for quite a while. It gives the investors some security and provides the financial backers with enough information to empower them to make choices.
4. Cost
As indicated by this, when you purchase the stock, its cost should be lower than its valuation.
Almost all financial backers desire to overcome adversity as Raamdeo Agrawal. We never observed the extraordinary significant problems that could hamper his success throughout his journey. His story shows that, at times, karma might be in support of us, but still, we should not always be dependent on it.
Above all, it likewise shows that we should have a trained way of dealing with our ventures and learning from our errors. It shows how the market tests persistence and prize conviction.
You can also read about Rakesh Jhunjhunwal investment strategy.
Happy Investing π
Disclaimer: This blog is not to be construed as investment advice. Trading and investing in the securities market carries risk. Please do your own due diligence or consult a trained financial professional before investing.