Bharath Shah, ASK Group
Paragh Parikh, PPFAS
Kenneth Andrade, CIO - IDFC Mutual Fund
Shankar Naren, CIO - Equities ICICI Prudential AMC
SN invests in an asset which
- The asset is shunned by market
- Past prices are not high
- Valuation is low
Naren is impressed by Howard Marks observation about cycles. All asset classes go through cycles
BS feels value and growth go together and we cannot segregate them. Stocks should not be because it is arthimetically cheap. Low risk will get high returns.
KA feels need to buy good companies at a decent price and wait. Company has to be scalable and it needs to be in a significant industry. Get it right with the price while buying
PP when we buy a stock we should be looking at as buying a part of business and not just a piece of paper. To buy great innovative companies we need to look at listed companies abroad.
