Prof Sanjay Bakshi needs no introduction to the value investment community of India. He has a big fan following across the globe. Prof. Bakshi teaches a very popular course titled Behavioral Finance and Business Valuation to MBA students at Management Development Institute in Delhi, India. He has shared invaluable content on investing in stock market on his blog and youtube channel which can be a guide to anyone who is just starting up his investment career. Recently, I came across a podcast of Prof. Bakshi, which gives away pearls of wisdom, especially for equity investors.
The podcast touches on the following:
- How to factor disruption technologies into your investment thesis
- How to locate an emerging moat for a business
- Why we should evaluate our stock performance using stress adjusted returns
- How to read Warren Buffett’s letters to shareholders
- Ask The Investors: How do I choose the best stock broker?
I would highly recommend you to listen to this episode of The Investor Podcast by Preston Pysh and Stig Brodersen.
This post, however, focuses only on the point of locating an emerging moat for a business. In the subsequent posts in this series, we’ll look at examples of Indian listed companies from this emerging moat lens.
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