Suppose you were lucky to have Uday Kotak as your friend. It was November 1985, and Uday Kotak knocks on your door and offers you to invest one lakh rupees with him. Knowing him personally, you decided to partner with him. Click here to read the rest.
12 thoughts on “Kotak Mahindra Bank”
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Amazing Jana ! Truly amazing !!
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Thanks, Nithin.
Regards,
Jana
Jana – thank you for your post! Looking forward to your detailed post on different shades of NPA comparing different lending businesses.
Thanks, Amit.
Regards,
Jana
Superb , I had ready your analysis for Edelweiss , and from that day , I am a big fan of your analysis , and last few days , i was waiting for your analysis on some stock , as Indian markets have corrected
Thank you again
Thanks, Parag.
Regards,
Jana
Oops, type, *I had read your ………………….
Very detailed & complete analysis. Thank you so much
I have Kotak Mahindra bank since IPO and its around 29% CAGR , really amaze by power of compounding .
Thanks for all post please continue your wonderful work
Thanks, Ashit. Glad to know that you held on to Kotak through thick and thin. Few questions out of curiosity.
(1) Since the IPO how many times have you encountered the price correction of 40% and above? What are a few things that helped you to hold on instead of selling? Any lessons that you would like to share on long-term shareholding?
(2) Return from IPO should have been higher than 29%. Am I missing something?
Regards,
Jana
Thanks Jana for taking interest in my story ,my Folio is basically coffee can type lesson learnt on holding long term
I am doing it since 1992 after reading some Quotes off Buffet (lucky to implement the quotes unlucky not to read it in details ) there was always pressure for everyone to book profit when market goes down but I stick to my philosophy and amaze by results
Now since 3 years I am active investor and educating myself for why this happened, only add in my philosophy is review !(rolling ROIC)
Small comments on financial businesses .. they have amazing capacity for Reinvestment for long time so it can create good compounding
So one can learn in early age it can change your life
Thanks
Ashit
Thanks, Ashit. Holding on to winners makes the magic of compounding happen. Thanks for sharing your journey of holding and compounding.
Regards,
Jana