The Ten Commandments of Investment Management

Distinguished Speaker Series
Applied Fundamental Analysis & Worldly Value investing
Professor Arvind Navaratnam

00:00:00 Introduction
00:03:29 Thou shall not skim off the top
00:06:25 Thou shall not have an investing team
00:08:18 Thou shall accept that thou shall be wrong at least 1/3 of the time
00:11:00 Thou shall look for hidden P/E of 1 stocks
00:19:59 Thou shall never use Excel
00:31:20 Thou shall always hope a rope to climb out of the deepest well
00:40:33 Thou shall be singularly focused like Arjuna
00:46:07 Thou shall never short
00:48:00 Thou shall not be leveraged. Neither a lender nor a borrower be
00:53:55 Thou shall be shameless cloner
00:54:15 Where to look for investment ideas
00:59:47 Temperament during financial crises
01:04:32 Always have a rope on hand
01:12:06 Investment in Google
01:16:32 Judging Management Teams & Satyam Scam
01:21:27 Sergio Marchionne
01:28:48 Currency risk in international markets
01:39:13 Investing in Distressed companies
01:41:56 Competitive Moats that turn out to be an illusion
01:51:25 Kelly formula
01:53:17 Circle of Competence
01:57:29 Shameless Cloning
01:58:25 Zero Fee Structure
02:04:14 Investing in Protected Moats
02:08:18 When to sell an investment
02:14:35 Personal trails that contribute to a manager’s success

The contents of this video are for educational and entertainment purposes only, and do not purport to be, and are not intended to be, financial, legal, accounting, tax or investment advice. Investments or strategies that are discussed may not be suitable for you, do not take into account your particular investment objectives, financial situation or needs and are not intended to provide investment advice or recommendations appropriate for you. Before making any investment or trade, consider whether it is suitable for you and consider seeking advice from your own financial or investment adviser.