Har field mein aise kuch diggaj hote Hain jinhen dekhkar bahut kuchh seekha ja sakta hai. Aapko agar cricket mein batting sikhna hai to aap Sachin Tendulkar, Virat Kohli aur Dhoni ke videos bahut Dhyan se dekhenge. Agar aapko fast bowling seekh ni hai, to aap jasprit bumrah se jo bhi Seekh sakte hain, vah sikhenge. Agar aapko spin bowling sikh ni hai to aap Harbhajan Singh ke video slow motion mein chala ke dekhenge. Agar aapko fielding improve karni hai, to aap Ravindra Jadeja ke catches ke replay baar baar dekhenge. Aise hi agar aapko stock market main bahut profits kamane Hain, to aapko unn investors ki taraf dekhna chahiye Jinnho ne kafi salon se stock market mein kamyabi paayi hain. Therefore, in today's episode, we will talk about certain stock market investors who have a lot of valuable lessons to teach to beginner and intermediate investors.
Pahle baat karte hain Sunil Singhania ki. Sunil Singhania mid cap companies mein invest karna prefer karte Hain. Sunil Singhania ke fund ne 7%-8% ke returns tab diye the jab Bombay stock exchange ke mid cap index main negative growth ho raha tha. Therefore, Sunil Singhania knows a thing or two about beating the market. Sunil Singhania ka investors ke liye advice hai ki jab Koi bubble ban raha ho, to Apne positions liquidate kar dene chahie. Aap ek bubble mein Apne salon ki accumulated wealth kho sakte hain.
Bubble ke signs pickup karna bahut jaruri hai. Bubble tab Banta hai jab assets overpriced hote Hain. Agar aapko lagta hai ki financial assets ka Sahi value unke market price se bahut kam hai,to ho sakta hai ki ek bubble ban raha ho. According to Sunil Singhania, that might be a good time to cash out your position.
Sunil Singhania ka maan na hai ki agar koi company recent past mein shaky ya unimpressive returns de, aur uss company ke fundamentals strong Ho, tab bhi usmein position banae rakhni chahie. Amazon ka hi example le lijiye. Amazon ko profitable ban ne mein lagbhag 20 sal lag Gaye. Per ek bar investors ko pata laga ki Amazon ke fundamentals strong hai, tab Amazon ka stock price kaafi shoot up Ho Gaya.
Sunil Singhania ka ek aur advice hai ki investors ko consumer spending per ek najar rakhni chahie. Investors should ask themselves: what is the common man using his disposable income for? The answer to this question will allow him to shortlist companies and sectors to invest in.
Let's move from Sunil Singhania to Sunil Shah. Sunil Shah ka maan na hai ki invest karne se pahle technical analysis karna bahut jaruri hai. Hamare dusre investor nooresh merani ka bhi yahi manana hai. Nooresh Merani maante Hain ki technical analysis pahle karna chahie, aur fundamentals ko baad mein check karna chahie. Iska yah matlab nahin hua ki technical analysis bahut jyada jaruri hai, aur fundamental analysis bilkul bhi zaroori nahin hai. Instead technical analysis can show trends and reveal future movements which others may not have noticed yet.
And ultimately, agar technical analysis aur fundamental analysis rigorously kiye jaaye, toh ye dono unique but complementary insights produce karte hai.
Sunil Shah ki ek aur useful tip ham aapke saath share karte Hain. While investing, Sunil Shah looks for companies that have low working capital and high operational cash flows. Koi company ka working capital low hai to iska matlab yah hua ki company apne long-term resources ko short term budgeting ke liye use nahi kar rahi hai. Aur company ka operational cash flow high hai to iska matlab yah hua ki company apne regular operations khud ke hi revenues se fund kar rahi hai. Therefore, companies with low working capital and high operational cash flows do well over time.
Hamare next investor, Atul Suri, ke mutabik technical analysis aur fundamental analysis ke beech ki Dushmani vah Dushmani hai jo asaliyat mein Dosti honi chahie. According to Atul Suri, quantitative and qualitative analysis can be combined to give the most holistic understanding of a financial asset. Quantitative analysis can give you the hard numbers behind a stock's performance. Qualitative analysis, on the other hand, can give you insights into that stock's long term future. Quantitative analysis, yani ki technical analysis, aapko short-term predictions karne mein help karega. On the other hand, qualitative analysis, that is, fundamental analysis, helps you make decisions if you are a value investor.
Let's go to our final investor for today: Anmol sekhri. Anmol sekhri ke mutabik investors ko under bought, that is, undervalued stocks par ek nazar rakhni chahiye. These stocks are more likely than other financial assets to give large returns. A sharp investor should look into ignored sectors to find undiscovered gems. Kafi sectors aur companies investor attention se saturate ho chuke hain, aur unn sectors aur companies mein bade profits kamana mushkil hai.
Per agar aap Koi position dekhte hai jiska future growth prospects acha hai, then you should invest in that position. Anmol sekhri also cares about product visibility whenever he is considering investing in a company. Agar koi company ke product ka visibility achcha hai, then that company can be counted upon to give reliable returns over time. Do remember that this is not always the case.
For example, think of any FMCG brand that you look at every time you go to the mall or the supermarket. Agar sheher ke, aur Desh ke har super market mein vah brand maujud hai, then it's possible that that company can be relied upon to give stable returns over time. Smaller companies on the other hand tend to be more unreliable. At the end of the day, remember to rely upon your own judgement.
Kabhi bhi kisi ko blindly follow nahi karna chahiye. So, while you should try to learn from people who have had success, you should not forget to do thorough research on your own as well.
चलिए, एंजेल वन की तरफ से आपको आज के अलविदा. ये podcast शेयर करना ना भूलियेगा - याद रखियेगा की ज्ञान बाटने से बढ़ता है । और फिर अंत में तोह financial markets एक ऐसी university है जिसमे कोई professor नहीं, सब students ही है ।