MI279: The Joys of Compounding w/ Gautam Baid

<p>Robert Leonard &amp; Gautam Baid discuss Gautam's investment evolution, Buffett's influence, behavioral edge, simpler businesses, value traps, negative info, disqualifying features, Indian stock market &amp; more!</p><p>Gautam Baid is the Managing Partner of Stellar Wealth Partners India Fund and Equity Advisor of Stellar Wealth PMS. He has a long-term, value-oriented approach and has worked in portfolio management and investment banking. Gautam is also the author of The Joys of Compounding.</p><p><br></p><p><strong>IN THIS EPISODE, YOU’LL LEARN:</strong></p><p>00:00 - Intro</p><p>02:30 - How Gautam’s investment philosophy has evolved over the years after discovering the art of intelligent investing through teachings of Warren Buffett and value investing.&nbsp;</p><p>11:22 - Why he believes the biggest edge investors can have in markets today is behavioral rather than informational?&nbsp;</p><p>22:45 - What are “disqualifying features” and how investors can apply these into their own investment checklists?&nbsp;</p><p>25:52 - Why Gautam focuses on investing in simpler businesses that require fewer assumptions.&nbsp;</p><p>32:27 - Why great companies may not always be great stocks.&nbsp;</p><p>35:06 - How to distinguish between a company that is undervalued and out of favor vs a value trap?&nbsp;</p><p>47:52 - Why incorporating “negative information” into your investment process may be useful.&nbsp;</p><p>53:56 - His thoughts on the potential opportunities in the Indian stock market within the scope of a value oriented, fundamental lens.&nbsp;</p><p><br></p><p><em>*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.</em></p><p><br></p><p><strong>BOOKS AND RESOURCES</strong></p><ul><li>Check out Gautam’s book:<strong> </strong><a href="https://www.amazon.com/Joys-Compounding-Passionate-Heilbrunn-Investing-ebook/dp/B081KB6NT6?keywords=the+joys+of+compounding+by+gautam+baid&amp;qid=1687813536&amp;sprefix=the+joys+of+c%2Caps%2C141&amp;sr=8-1&amp;linkCode=ll1&amp;tag=ti