Podcast : The Business of Life with Deepak Shenoy

Episode 149 of Paisa Vaisa hosted by Anupam Gupta

On the IVM Podcast site: http://ivmpodcasts.com/paisavaisa-episode-list/2018/9/10/ep-149-the-business-of-life-with-deepak-shenoy

Tune in to this interesting episode to hear what Deepak has to say about :

1. Why he started Capitalmind
2. Be Flexible — your business idea, strategy and code should be able to evolve
3. Hire good people and don’t filter by pedigree, look for people who care enough to speak up when they believe you are wrong
4. Accept bad news, incorporate feedback and move on without taking it personally
5. Stories of his first investments, experiences in the 2000 tech bubble and lessons he’s learned from a paan shop owner and the dhobi
6. Common Investor mistakes
7. Getting over-attached to an investment (exit strategy in mind while buying)
8. Being a happy consumer of company X isn’t the same as being a happy investor in company X
9. There are many different ways to make money while investing — figure out what works for you and be at peace with the fact that people following completely different strategies might also do well
10. Advice for first time investor
11. Some basic knowledge of accounting
12. Have a reason why you’re buying something and why you might sell it
13. If you’re buying because a person recommended a stock, ask them if they’re still holding it in 6 months or a year
14. There is more fraud than you think but that isn’t a reason to avoid investing
15. It’s good to diversify and not have too much exposure to a single name
16. His views of the market (Sep 2018) — macro economics (coal, power transmission, solar, electric cars)
17. Framework to decide on next 10 years returns, how we’re under financed as a economy, consumption story, kids education/product/toys, and a sector portfolio that can capture this growth
18. Startups he likes and the gap between private and public valuations