This LOSERS PORTFOLIO Delivered 38% Return | Contrarian Investing Strategy

This LOSERS PORTFOLIO Delivered 38% Return | Contrarian Investing Strategy | Aswath Damodaran

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Күн бұрын

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In this video, we delve into the Loser’s Portfolio Strategy which was first proposed by Professor Aswath Damodaran in his book, Investment Fables and hinges on investing in stocks that have significantly declined in price. He noted that buying the 35 biggest losers from the previous year and holding them could yield a cumulative excess return of 30% over the broader market over five years.
To test this theory in the Indian market, I conducted a 10-year analysis, examining the performance of such portfolios against the Nifty 500. The study revealed a mixed yet promising returns with a simple buy-and-hold approach presenting a 38.5% return over the last 9 years. Ofcourse, one has to account for survivorship bias but still this unconventional approach to investing via the "loser's portfolio" strategy has demonstrated potential for significant returns.
👉 Suggested readings/resources:
► Investment Fables by Aswath Damodaran (book link): amzn.to/4ceZlU1
👉 Video Chapters:
00:00 Introduction to Portfolio of Losers Strategy
01:42 What is Loser’s Portfolio?
05:23 Implementation Steps
06:57 Portfolio Performance
09:41 Loser’s Portfolio (May 2024)
10:30 Key Observations
12:43 Long Term Results of Strategy
#losersportfolio #52weeklow #investingstrategy
Disclaimer: I am not a SEBI registered investment advisor or research analyst. I am not registered with PFRDA or IRDA either. The content posted on this platform is purely for educational purposes and none of it constitutes investing or trading advice. Viewers should do their own research and diligence before investing or acting on the information presented. Some of the links I have posted in the video, the description, the comments and other related resources might be affiliate links

Пікірлер: 280

@shankarnath 26 күн бұрын

I analysed 3-year rolling returns of the Losers Portfolio and in 5 out of 7 years, the strategy yielded annualized return of 30% or more. Here's the data (see image): kzfaq.infoUgkxTP5MnIMQRyWVJ0T1ytnmcfs08y21-MIY The worksheet of the original video can be accessed here: docs.google.com/spreadsheets/d/1PknGT07Mgaju4wXoYvZAgC2YgG4yw7lvR76DEcEOCPE/edit?usp=sharing

@jangajarn 17 күн бұрын

Thank you so much Shankar. Your best attribute is that you teach the horse how to drink, so to speak. You teach the rationale behind your thought processes, which is amazing. It helps us think of ways to innovate within those boundaries. Speaking of which, what would be the screener syntax for finding out these kinds of stocks? I want to play around with some more selections inside. Can you please help?

@shankarnath 17 күн бұрын

@@jangajarn Hello, there's no screener query here -- atleast the way you're seeking. If there was I would have definitely shown that in the video. I did all of it manually because a screener is designed to filter but this video needed me to do some calculations that a screener can't comply

@shankarnath 16 күн бұрын

@@vishnuvardhan5940 Thanks for the suggestion

@vishnuvardhan5940 16 күн бұрын

@@shankarnath hope to see a video soon 😀

@sacphilip Ай бұрын

Give this man a mutual fund of his own. I'm buying!

@vaibhavbhatia7115 Ай бұрын

Won't work on Mutual Fund platform as AUM will follow seeing returns & thus negate whole purpose

@samiullahk7223 29 күн бұрын

Lol then he will start buying already runup stocks from HNIs likes of jhunjhunwalas 😂

@vikram0607 Ай бұрын

Your thumbnail creation process needs a separate video. Thanks for such thoroughly researched idea 👌👌

@shankarnath Ай бұрын

Thank you! 🙌

@rajharshtiwari2412 Ай бұрын

Shankar ji one of the very few genuine diamonds of the finfluencer community

@shankarnath Ай бұрын

Thank you. I'm glad you like my work

@jijojose2574 Ай бұрын

Shankar bhai, you are one of the best Orator in youtube community. Best wishes

@shankarnath Ай бұрын

Thank you very much

@shankarnath Ай бұрын

👉 Download the INDmoney app now: indmoney.onelink.me/q36k/wg053pkp

@anandsinghchouhan3959 Ай бұрын

Yahi video hindi me convert kre , Jisse jyda se jyda samjh pyenge

@AnkanBanerjee0 Ай бұрын

Are you using the app yourself Shankar and is it worth the recommendation?

@shankarnath Ай бұрын

Yes I am using the IND Money app myself. I loved the the mutual fund tracking feature. Just a few taps and the app pulled out the necessary data & displayed the result accurately. Very useful to someone like me who was earlier extracting the CAMS-KFintech consolidated report and uploading that PDF to valueresearchonline

@arunkiwi Ай бұрын

@@AnkanBanerjee0 yes INDMoney app is too good. I am tracking my MF portfolio, stocks portfolio, EPF and NPS through a single platform now. I have even added my Fixed deposits manually so that I can keep tracking my net worth every quarter or so.

@sanjanakalbhor302 Ай бұрын

Shankarji please Hindi language me bhi explain karoge to Accra rahega.

@saurabhvarshney1 Ай бұрын

Great analysis as always. I love the way concepts are explained and caveats are put through.

@shankarnath Ай бұрын

Thank you very much Saurabh ji

@ajayghodake9914 Ай бұрын

Great video again. Thanks Mr. Nath.

@shankarnath Ай бұрын

My pleasure!

@SunithaC-ts6wn Ай бұрын

Excellent topic! Always loved your insightful videos. Thank you, Mr Shankar!

@shankarnath Ай бұрын

My pleasure. Always happy to help! 🙌

@ayonmg 19 күн бұрын

5:44 is one of the most important point to note. I also have the same question, whether there is any way to find out the list of companies out of that list which has closed down. this would make the list more realistic. Nevertheless, a fantastic analysis!

@JyothiprasadBuddha Ай бұрын

Always something new to learn from your videos. Much appreciated. I will try this out.

@shankarnath Ай бұрын

Great to hear! Thank you very much Jyothiprasad ji 🙌

@pranshujain25 Ай бұрын

so well presented, thanks!

@shankarnath Ай бұрын

Glad you enjoyed it! 🙌

@ameymhanera5333 Ай бұрын

very informative thankyou sir

@shankarnath Ай бұрын

Most welcome!

@heliostreakproducts6491 Ай бұрын

I have a suggestion Mr Shankarnath, before that i would like to thank you profusely for coming up with such videos and educating all and sundry, more importantly from non financial background. Now my suggestion can we start a small case of our own using this methodology? Probably if you can start on your own (not easy as it sounds) a portfolio in small case, maybe we can try investing.

@shankarnath Ай бұрын

Thank you very much for your kind words, appreciate it 🙌 I'm keen on starting a smallcase & yes, it's not easy as it sounds. The key roadblock is the SEBI Research Analyst license and I've been made to understand that securing an individual RA license will require me to forego all other sources of income such as this KZfaq channel & the newsletter monetization that I dont want to as it means I won't be able to earn from courses or webinars etc. -- in case I do that at a future point in time. I've spoken to a few individual RAs & therein lies the problem. But then, there is a solution -- a corporate RA -- which is a lot more work & a little more investment upfront. On the bright side, it's all possible to do but there are tradeoffs. In risk-return language, should I forego the assets I've built over the last 20 months (KZfaq & newsletter) for something new & untested (smallcase)? And the tradeoffs are not just monetary but also mental. I spent a little over 1 year after quitting my job to create YT videos at negative income (expenses were more than the measly money I made from YT ads) -- that was a tough time. To sum up -- I would like to keep my options open, spec out the scenarios & not do anything in a whim. I'll love to build that smallcase but like everyone else, I'd like to do so on my terms. I'll continue updating on where I am on the smallcase from time to time on my channel

@vks002 Ай бұрын

Shankar, this is a fabulous analysis. What you presented makes sense as many of the companies which drop sharply will be good companies and so the probabilty of them rising when they turnaround, or the market rises is much greater. Also the gaps you mentioned on google sheet are probably temporary. I run into this issue many times. Google just wouldnt get back with the results for some dates and some companies. At other times, it just works fine.

@shankarnath Ай бұрын

Thank you very much! The trick (and difficult part) is to run it as a system and equal-weighted. Ofcourse it won't work in all year but it's run rather well over the last 9 years in an Indian environment.

@vks002 Ай бұрын

@@shankarnath Well said, I am intrigued with this and would want to try but having conviction in such stocks over a long period requires courage - I know I wouldn't be able to do it. That said what I do is similar to this - I look for stocks which have fallen more than 66% from their top and see if the reasons for fall still exist. If they don't, then I wait for a turnaround by looking at the quarterly results, when it does, I invest in those stocks and hold it for 100% gain in one year or all time high whichever happens earlier. Works well over a period of time.

@parasbhawsar1694 Ай бұрын

Mind-blowing analysis, I could have never thought of this as a Long-term investor. I have subscribed to the newsletter but I am not receiving it on my mail.

@shankarnath Ай бұрын

Welcome aboard! You can read the older issues on shankarnath.substack.com/archive .. new issues are paused for now, I'll restart them very soon

@meticulous-analyst Ай бұрын

Me too. Subscribed, verified LinkedIn profile, yet to receive

@shantilal007 Ай бұрын

Exceptional as usual.

@shankarnath Ай бұрын

Thank you 🙌

@ajayverma1155 Ай бұрын

Thanks for the hardwork. Very informative...

@shankarnath Ай бұрын

So nice of you. I'm happy you liked it!

@ashutoshshete4942 6 күн бұрын

Very different analysis. Well presented Shankar 🙏

@shankarnath 6 күн бұрын

Thanks a ton

@geetaraturi2908 Ай бұрын

Really you are the one of wonderful teachers with great new ideas for investing. Thanks for giving such thought provoking methods of investing. Found this very interesting. Regards

@shankarnath Ай бұрын

Thank you so much 🙌 Glad you liked it

@sumitkrishn60 Ай бұрын

Very insightful video. Still sceptical due to the impact of survivorship bias, but great analysis none the less.

@shankarnath Ай бұрын

Thanks! Curious to know -- what do you think will be the fall in returns on account of survivorship bias and how can one establish that?

@alarksingh Ай бұрын

More than amazing Shankar. This is great stuff, kudos

@shankarnath Ай бұрын

Thank you very much 😊

@satheshkumar5870 Ай бұрын

Wonderful analysis & Very Useful information video 📸

@shankarnath Ай бұрын

Glad you liked it

@hitstraight Ай бұрын

Thanks for such an unique topic of discussion, the reason I like your channel the most. I picked up UPL for this experiment even when most investors avoided it since mid 2023 and its price was going down continuously for last several months. I liked its business model and went forward to buy, once in Jan and again in March 2024, now it is standing at > 10% returns today. It was an experiment done with limited sum of money but I am happy I did it. I am an investor, not a trader, so hopefully I can pick up some more losers in future. Ideas in world of investing are really infinite.

@shankarnath Ай бұрын

Glad you liked it

@arvindjain7295 Ай бұрын

❤simply superb !!

@shankarnath Ай бұрын

Thank you!

@Badumtss2468 Ай бұрын

Thank you for your very informative videos.

@shankarnath Ай бұрын

Most welcome!

@user-ms7sk6xp4y Ай бұрын

Surprisingly enough, Mean reversion at its best! ❤❤ Loved it.

@shankarnath Ай бұрын

Great to hear that!

@parameshwarhegde4080 28 күн бұрын

Wow! Shankar, you are gem of a teacher. You show us varied portfolio analysis. Did you try to become a fund manager in the past? I think you would be a best Fund manager with varied investment thesis.

@shankarnath 28 күн бұрын

Thank you very much! No, I haven't pursued equity research/fund management. I'm glad the advent of platforms like YT, twitter, smallcase etc. and tools like screener, valuepickr etc. makes it easier for individuals like us to build out an investment framework & seek feedback from other investors

@Anbu-Ini Ай бұрын

Thanks for the brilliant analysis..

@shankarnath Ай бұрын

Thank you very much

@Ravi-Krishna Ай бұрын

Good work, Shankar ji. Have you also compared this "LOSERS PORTFOLIO" against "WINNERS PORTFOLIO"? I mean, what if we are investing in the top N winning stocks instead losing stocks? Do you see any edge in LOSERS PORTFOLIO over the WINNERS PORTFOLIO?

@shankarnath Ай бұрын

Thanks! A winners portfolio is rather similar to a momentum portfolio (we've discussed this in a couple of previous videos). In that context, a winners portfolio has been offering decent returns aswell

@vijaykedar175 Ай бұрын

amezing videos..keep doing so.. and also pls try to do evaluating videos on your previous videos strategies..which helps to understand more how it worked..thank you

@shankarnath Ай бұрын

Thanks for the suggestion

@nanda280173 Ай бұрын

Great Video Shankar. Thanks

@shankarnath Ай бұрын

My pleasure. Glad you liked it!

@arnabghosh4731 Ай бұрын

Best strategy to invest very small amount across such potential stocks where risk to reward can be very less.less clarity often bring great opportunities

@lordrdx666 Ай бұрын

Amazing video! When are you managing a mutual fund? I wish to invest there! Amazing video.. Data & masale se bharpur!

@shankarnath Ай бұрын

Thank you Ravi 🙌

@namanbhardwaj000 Ай бұрын

Thanks for the analysis. Great Video. Can you please share the excel spreadsheet for better understanding and self analysis.

@shankarnath Ай бұрын

Most welcome!

@suriyakala423 25 күн бұрын

Excellent

@shankarnath 25 күн бұрын

Thanks!

@Subhasish.debnath 27 күн бұрын

Considering the fact that we are analyzing based on the closing price on mar here - is the idea to invest in the beginning of April of the subsequent year while calculating the numbers or anytime over that financial year?

@shankarnath 27 күн бұрын

Yes it is

@soyelahmed92 Ай бұрын

Make more videos like this, very informative 😊😊😊

@shankarnath Ай бұрын

OK. Thanks!

@Randomcomment7699 Ай бұрын

Great work ❤ L thumbnail

@shankarnath Ай бұрын

Thanks 😁

@PawanSelokar-on1xf 29 күн бұрын

Thanks for the video Shankar. I was looking for that excel sheet to try on my own but I could not able to find it

@shankarnath 29 күн бұрын

Most welcome. Pls try here: kzfaq.infoUgkx6xwAhFJbQnuo6yZIYO6h1T5mptTwMt7q

@pkprprempavankumar8749 Ай бұрын

I think every video of you after few years can be classified and a good book can be made out of it ji. Your Acumen and dedication in research for bringing us video is literally something ❤. Thanks for your efforts.

@shankarnath Ай бұрын

Thank you so much 🙌 I'm glad you like my research work

@kisan9076 Ай бұрын

Appreciate your Hardwork❤

@shankarnath Ай бұрын

Thank you so much 🙌

@daksheshtailor Ай бұрын

Hi @ShankarNath, Great food for thought :) Can you please share the google worksheet that you created for this videos with us to play around? Thank you!

@shankarnath Ай бұрын

I'll try to compile the data in a single sheet. It's right now a little dispersed

@maulik2500 Ай бұрын

Brilliant video. Mr Shankar delivers best content in the field of stock market

@shankarnath Ай бұрын

Thank you so much 🙌 I'm glad you like my work, appreciate the support

@maulik2500 Ай бұрын

@@shankarnath 🙏🏻. Sir big fan of your work. Haven’t missed your video or newsletter.

@shankarnath Ай бұрын

Thank you!

@saurabhsharma7108 Ай бұрын

Very good information, as always sir!! One doubt- in the last example of the video, when hypothetically you invest 10,000 per company in the losers portfolio...did you invest in the same 35 companies that you chose in 2015...or was this data calculated by finding out every financial year - the list of loser stocks for that year and invested accordingly?

@shankarnath Ай бұрын

Thank you! I calculated in a fresh set of 35 companies every year; kindly notice the companies are changing on 31-Mar-2015, 31-Mar-2016 and so on.

@saurabhsharma7108 Ай бұрын

@@shankarnath Okay got it!! Thanks for the clarification!

@shankarnath Ай бұрын

@@saurabhsharma7108 Most welcome!

@TheYasinsonu Ай бұрын

Thank you!

@shankarnath Ай бұрын

Welcome!

@ayushvarma9657 Ай бұрын

Again an immaculate video showcasing the various models of investing. Midway through the video, I had an idea of mixing this strategy with coffee can investing(holding = 10years) and boom, you literally showed that in the second half. Great video once again. Btw Shankar, can we have a catchup on the GARP video and the excel sheet with updated returns, would love to see the performance of it.

@shankarnath Ай бұрын

Thank you! On the GARP video, instead of doing this sporadically and on-demand .. may I request you to create a list on screener.in with those stocks in it. It'll take a couple of minutes but then, you can track the performance of those stock on any day basis. I can't do this myself and send you the link as one needs to be logged in from my id to view a personal list.

@AmeyTee Ай бұрын

Excellent video Shankar. A check, if I were to create a small case of these companies, how would you advise I apportion my investment? Should it be by market cap?

@shankarnath Ай бұрын

Thank you! My analysis was done on equal-weighting. In my view, equal weighting is better given the random nature of which of the 35 stocks might spike up in terms of returns.

@AshokKumar-lt5sj Ай бұрын

Good Insight🎉

@shankarnath Ай бұрын

Thanks

@DARSHANLDCE Ай бұрын

What an eye opener!!!!

@shankarnath Ай бұрын

Thank you!

@surajdaswani 24 күн бұрын

Hello I want to ask we should switch to new 35 losers company every year or should we continue which are performing better & add 35 new losers every year. Please suggest!

@shankarnath 24 күн бұрын

Hello. I don't have a viewpoint yet but there are three options I have presented: 1. Switch to new losers every year (that's the big middle part of the video) 2. Don't sell the old losers but continue buying new losers (that's the last part of the video where historically the XIRR comes to 38.5%) 3. I did another analysis on 3-year rolling returns (see pinned comment in the video for the link and related worksheet) Perhaps you can do some work on this over the weekend & let me know what you are leaning on

@purnikpatel9163 Ай бұрын

How can I backtest the stocks like you did in many videos that 1. Backtesting of stocks by lossing % 2. Backtesting of stocks by date etc.. Please tell how to backtest the stocks according to price, market cap

@shankarnath Ай бұрын

I use screener.in for filtering stocks. But your question is on "backtesting" (its different from screening) and honestly, I struggle to do backtesting myself. Wherever I have done it (like in the monopoly video), it was painfully & manually pulled out which took me a few hours and is not very practical. The solution is to subscribe for a service that offers you historical information and allows you to backtest it e.g. I want to know the stocks in 2018 where the ROCE was > 20% and where 3Y EPS growth was > 15%. I haven't come across such a platform and I'm guessing it will be expensive to subscribe to.

@MrRashidali Ай бұрын

Dashing Dude

@gunjanpandya94 27 күн бұрын

It would be interesting to see the CAGR when loser stocks are exited every 1/2/3 year and the money reinvested in loser stocks of that year. PS: This is second video of yours which I've watched. I subscribed just after I watched your first video! You're giving amazing insights and learning, thank you!

@shankarnath 26 күн бұрын

Yes, it would be really interesting. If you are planning to churn the numbers ( worksheet is available here: kzfaq.infoUgkxTP5MnIMQRyWVJ0T1ytnmcfs08y21-MIY ) .. pls do share the results for the benefit of all. Thanks! Btw, I did a 3-year rolling return of the losers portfolio in the post link I just shared Thank you for your kind appreciation. I'm glad you are liking my work.

@gunjanpandya94 26 күн бұрын

@@shankarnath This link seems broken!

@shankarnath 26 күн бұрын

@@gunjanpandya94 Not broken, youtube merged the close bracket with the URL. I have given a space, check now

@HimanshuGupta-ex4yq Ай бұрын

Thanks Shankar

@shankarnath Ай бұрын

Most welcome

@drgdmehta Ай бұрын

Your videos are a treasure trove of not just information but highly balanced insights. Very rare in the Indian personal finance community. Thank you and keep up the good work. One question - Is it okay to add just two more screens to this formula? One being last 3 years return has to be positive (to rule out any well-known structural issue with the companies). The other being 3 year ROCE more than 12% as one shorthand proxy for financial quality

@shankarnath Ай бұрын

Thank you! You can test out 3Y Return > 0 and 3Y ROCE > 12% on screener.in and then decide

@shoubhikroy4555 Ай бұрын

If the last 3 years return is positive how will the stock fall under the Losers portfolio? Do you mean the stock will have a negative return only when compared to last year otherwise it's positive in the last 3 years?

@drgdmehta Ай бұрын

@@shoubhikroy4555 yes that’s what I was thinking. If the last 3 years return is negative, it is more likely that the stock has been on a downward trajectory, indicating fundamental issues with the company. Especially given the current market environment, it’s all the more important to exclude such stocks.

@abhigyanborah5406 Ай бұрын

Great video as always! 😄 Well, there are plenty of strategies out there, but what if someone invests using all of these strategies (for example all the strategies that you have explained on your channel), i.e. invest in a handful of stocks and exit them as and when the strategy allows, while simultaneously investing in different or in the same stocks but entering and exiting at different times as per another strategy's conditions? Will the portfolio average out (if the strategy performances are cyclic and negatively correlated to each other) or create a monster winning portfolio where one strategy's investment hedges another strategy's investment? 🤔

@shashidharreddy2959 Ай бұрын

What is the screener software that you are using in this video? 😊

@shankarnath Ай бұрын

I use screener.in

@YOJO008 Ай бұрын

Just a thought, what if we kept holding those every year purchased shares of 3.5L each year that will be 31.5L holding any idea on whats total portfolio return if not exited?

@shankarnath Ай бұрын

Yes, that's the last scenario (shared in the last few minutes of the video). The XIRR comes to 38.5%

@YOJO008 Ай бұрын

@@shankarnath oops my bad have kept comment before completing video 🙂

@vabsintro Ай бұрын

Can you please make a google sheet of the current Loser list so it can be tracked in real time?

@shankarnath Ай бұрын

I'll try, thx for the suggestion

@anupamdein 29 күн бұрын

This time you didn't attach the excel sheet calculation? They are an absolute must for us ,to understand in details.

@shankarnath 29 күн бұрын

Oh. That's odd, many viewers have accessed it. True, an absolute must

@arunsingh-gq3sf Ай бұрын

So in this portfolio we need to keep those losers till 9 years or we need to change based on each year data ??

@shankarnath Ай бұрын

I've given both scenarios with the results of each. Take your pick & run it as an experiment. Alternatively, you can do a 3 year rolling as was discussed in one of the comments.

@akashmotwani1517 Ай бұрын

Absolute admire of your content. Also can you put a screener formula for this out here.

@shankarnath Ай бұрын

Thank you! The screener formula is simple. Since you need stocks that are just above a minus 50% return .. use this on screener: Return over 1year > -50 .. and then you do an ascending order sort like how I explained in the video.

@akashmotwani1517 Ай бұрын

@@shankarnath thank you so much. Why don't you start a smallcase or a fund where people can invest directly. I have been following your channel for quite some time and i don't think there is anyone out there putting out such crisp content.

@shankarnath Ай бұрын

Thanks for the suggestion

@jasrajjog9924 Ай бұрын

An eye opener for sure. Can you please explain the 9 year investment in detail ? So in 2015 year you invest in loser stocks for the year 2014. In 2016, you invest in 2015 loser companies and so on. Am I right ?

@shankarnath Ай бұрын

Thanks! Yes, you are right. Pick the 35 loser stocks over the last 1 year on say the 31st of March 2015 -- and invest in them on 1st of April 2016. Repeat & rinse!

@jasrajjog9924 Ай бұрын

Do you have a screener link for this ? Thanks

@vishalshah44 Ай бұрын

If instead of staying invested in the losers stocks for 9 years, what if I exited the stocks after 3 years? So basically I invest 35L for the first 3 years and then 4th year onwards, I exit from the stocks from the 3 years back and invest in new set of stocks. What will be the CAGR for this strategy over 9 years? Please share the result or share your working spreadsheet so I can do it myself. Also, many thanks as always!

@shankarnath Ай бұрын

You're welcome. I've already simulated this 3-year entry-exit scenario. Pls read : kzfaq.infoUgkx6xwAhFJbQnuo6yZIYO6h1T5mptTwMt7q .. the image has the analysis. Further, the worksheet like with data dump is also attached there, feel free to try out more scenarios

@ramamoorthyh Ай бұрын

Excellent video.

@shankarnath Ай бұрын

Thank you very much!

@bonnvoyage7697 Ай бұрын

Thank you, would it be safe to say that the famous fund based on contrarian strategy - SBI Contra fund is also a looser’s portfolio / fund ?

@shankarnath Ай бұрын

I haven't examined SBI Contra Fund so don't have any views on it. Sorry!

@sumitalwar Ай бұрын

I request an interview with Kenneth Andrade of Old Bridge mfund

@shankarnath Ай бұрын

Thanks for the suggestion

@ramanasomayajula 24 күн бұрын

Do we need to create new basket of loosers for that year or replace the last years basket?

@shankarnath 24 күн бұрын

@ramanasomayajula 23 күн бұрын

Thanks Shankar ji Wasn’t expecting a response so soon.

@mdrafeek786 Ай бұрын

In terms of performance ratios due to macro economic factors we can access the company but acessing companies due to corporate governance is difficult. Is there any metric to access.

@shankarnath Ай бұрын

I think you mean "evaluating the quality of management". Pls watch this video -- kzfaq.info/get/bejne/oc-JpMSVls3eZZc.html .. you'll find some useful measures & metrics there.

@mdrafeek786 Ай бұрын

@@shankarnath thank you so much

@lakshnaramesh9733 Ай бұрын

After watching the video till the end, I can confirm that the research, back tests, excell sheets etc... involved are wayy more than I've expected Astounding work as always by Shankar Nath & team

@shankarnath Ай бұрын

Thank you very much 🙌

@arnabghosh4731 Ай бұрын

Very good

@shankarnath Ай бұрын

Thanks

@avgang99 Ай бұрын

Amazing video, however can it be that simple ?

@shankarnath Ай бұрын

Many things are simple, we just complicate it. It's like what Proust once said: "The real voyage of discovery consists not in seeking new landscapes, but in having new eyes". I'm glad you liked my work!

@HH12A Ай бұрын

Does the returns become better or worse we choose top 50 worst stock instead of 35......any reason selecting top 35? And as usual appreciate your hardwoark Shankar ❤🙏🙏

@shankarnath Ай бұрын

Thank you. I chose 35 because Prof. Damodaran's study said 35. I have a feeling he must have crunched the numbers to see if 20, 30 or 50 might have been more ideal. I honestly didn't bother much on this, went with what the good professor professed in his book

@HH12A Ай бұрын

Thank you...appreciate your quick revert🙏

@eonivv Ай бұрын

One question probably a dumb one - does the losers portfolio constitute the same set of stocks over the 10 year period contributing to 38.5% CAGR?

@shankarnath Ай бұрын

The portfolio changed every year. Throughout the video, I've shared tables of 35 stocks for each year .. please notice the stocks are different.

@SP-xo9ri Ай бұрын

How to find 35 stocks like this?... Any formula in screener?

@shankarnath Ай бұрын

The steps are available in the video itself. Pls watch from 05:24 onwards The screener formula is rather simple. For stocks which have delivered price returns in the range of minus 50% and minus 20%, input -- Return over 1year > -50 AND Return over 1year < -20

@marketvaani370 Ай бұрын

Hello sir I regurarly buying multiple ETFs. I keep buying whenever the ETF drops 1% or more. Also, when I get 5% or more profit, I withdraw the profit and leave the rest invested. Suppose if i buy 1000 rs unit and if i get 5% or more pfofit on it i sold only 50 rs unit and stay invest. I don't know whether my strategy is suitable for long term investment or not . I want to ask that this type partial profit booking stretegy is good for long term or not. Plz make a video on it 🙏🙏🙏

@shankarnath Ай бұрын

Hello. I already have a video on Profit Booking on my channel, pls have a look at that

@vinaysharma865 Ай бұрын

For all 35 stocks can we have to put the money at the same day???

@shankarnath Ай бұрын

I used a single day (1st of April) in my study. If not a single day, what do you suggest?

@lakshminarasimhanpb506 Ай бұрын

Wow 😮😮😮

@mayurlakhadive 26 күн бұрын

I'm interested to try out this strategy. But I don't know how to pull all this data. Can you help me understand how to pull this data? 😅

@shankarnath 26 күн бұрын

Please follow the implementation steps I've explained in the video. Also go through the pinned comment wherein I've attached a post and also the worksheet

@mayurlakhadive 26 күн бұрын

@@shankarnath First of all, super delightful to see your response!. You're a rare gem finfluencer in the whole KZfaq community. I wish you big success on your KZfaq journey. What I meant is if I were to continue investing each year in Loser's portfolio for the next 5 years where can I find the data each year. Do you use screener or any other sources to pull data for the top 35 loser companies.

@shankarnath 26 күн бұрын

Thank you! Pls use screener.in. Write a query for stocks whose returns over the last 1 year are -50% or more .. and sorted in ascending order (as explained in the video).

@losar9 Ай бұрын

Great content, thank you. I request you to check the book, The Acquirer's Multiple by Tobias Carlisle. In this book, the author showed that Acquirer's Multiple (AM) works better than the Magic formula. The backtesting has been done over decades and it works. I am sure you will love the book if you have not already come across it. Thank you once again and wish you good health.

@shankarnath Ай бұрын

Thanks for the suggestion

@thepalashjain 24 күн бұрын

Sir! I have made a 3L portfolio on this Strategy today of 29 stocks... If the market falls, I will add further and make it a 5L portfolio. Now lets wait for 3 years and hope 50% Annual returns (Haha). Would you like me to share it somehow?

@shankarnath 24 күн бұрын

Glad to hear! Pls share after an year at hello@beginnersbuck.com .. thanks!

@siriyaksiriyak6067 29 күн бұрын

Rattana is performing

@gulshansingh4632 Ай бұрын

Is it lumpsum investment of upto 9 years holding period? ( time: 12:02 )

@shankarnath Ай бұрын

Yes, lumpsum investment on a rolling basis over 9 years. So lumpsum investment 1 was for 9 years, lumpsum investment 2 was for 8 years and so on

@gulshansingh4632 Ай бұрын

@@shankarnath Thanks for reply shankar sir. Annual Returns of 31% in 4th year and suddenly it goes down to 7% in 5th year (31 MAR 2015). All you have is 7% after holding stocks for straight 5 years. Pretty scary. ( time: 12:02 )

@shankarnath Ай бұрын

Ofcourse, the 5th year was the COVID. Every equity portfolio was scary then if one takes the value on 31-March-2020 as I did in this video. If this scares you, please avoid equity investing. I've already seen 4-5 such situations in the last two decades.

@Rtr.AmanJha 26 күн бұрын

Bhai ekdum mast

@biznsplus Ай бұрын

My investment strategy is almost same, got remarkable results. I add few filters to pick stock , preferably from miscellaneous category + CMP near/ Above 1000. Deploy minimum capital in downtrend and add strictly on upward trend( double bottom formation).

@shankarnath Ай бұрын

Thanks for sharing!

@amitavadhar934 Ай бұрын

Kindly use transparent version of CAPTION in your videos Sir. Lot of data get hidden due to your caption in all of your videos. Thank you

@shankarnath Ай бұрын

Hello. You can click on the CC button on KZfaq to remove captions. KZfaq has had this feature for many years, I'm certain you would have noticed the CC button. Can you please try it and let me know

@AK-kn9ob Ай бұрын

would you say that the trick is to liquidate ones loser portfolio every 3 years and invest the resultant capital in a fresh round of loser portfolio?

@shankarnath Ай бұрын

That might work. One can also do it on a rolling basis aswell i.e. Invest in Year 0 list, exit at end of Year 3 Invest in Year 1 list, exit at end of Year 4 Invest in Year 2 list, exit at end of Year 5 .. and so on

@AK-kn9ob Ай бұрын

@@shankarnath Thats a good idea ..... identified 31 cos on 7.6.24 close prices based on Return over 1year < -10 AND Return over 1year > -50 AND Piotroski score > 3 AND Free cash flow 3years > 0 AND Market Capitalization > 1000 AND Market Capitalization < 20000 ........will start with about 10K each

@thepalashjain 29 күн бұрын

Can you please make a step by step guide to make this list right now? I am planning on executing this with my 5L portfolio!

@shankarnath 29 күн бұрын

Pls let me know at which point in the process you are stuck. As explained in the video, step 1 is to identify stocks using screener where the 1yr return is -50% or lower.

@thepalashjain 29 күн бұрын

@@shankarnathThanks for responding Sir! Big Fan! Just to confirm, we can just run this query 'Market capitalization > 500 AND Return over 1year > -50%' And then sort by 'return over 1 year' Top 35 would be our stocks right? Ofcourse I will make a few exeptions based on my understanding. One more question. Your latest video is suggesting that we might see a bad phase for almost a year, would it be a good time to implement this? Any way I can reach out to you? I am planning on making one portfolio on GARP strategy too. (Recently got a big corpus of 40L but very less experience on creating a balanced portfolio) Thanks!

@shankarnath 29 күн бұрын

@@thepalashjain 1. Yes, that the right query. Welldone, not very difficult was it? 2. I don't recall saying anything around difficult period, can you pls be specific with re: which video and the timestamp? 3. Sorry, I don't do 1:1 communication due to paucity of time on my part.

@yogensood8293 Ай бұрын

Sharing this to my whatsapp homies with the caption "MUST Watch!!"

@shankarnath Ай бұрын

Thanks!

@saurabhchoudhary2332 Ай бұрын

Ye content jordar hai. Like banta hai! Mehnat ki hai Shankar ji ne.

@faneeshbansal637 Ай бұрын

Sir IRDAI has issued new advisory for cashless claim.. in which claims will be settled within 3 hours.. and plz make a video on this how this will impact on Insurance company and hospital chains..

@shankarnath Ай бұрын

Thanks for the suggestion

@0097899 Ай бұрын

Sir aap koi course karwate hai kya hindi me??

@shankarnath Ай бұрын

Nahi. Mera koi course nahi hai .. English ya Hindi me

@user-qg4rt5wz5v Ай бұрын

Can you please tell me For next 40 years how much average return should i consider in small cap In mid cap In large cap

@shankarnath Ай бұрын

I use long-term inflation rate + 6% as my expectation from equities. I'm not well-versed at macroeconomics, so request you to deduce inflation rate from other sources over the Internet. Thx

@maulik2500 Ай бұрын

👍🏻