TIP546: The Holy Grail of Long-Term Value Investing

<p>On today’s episode, Clay continues his review of Gautam Baid’s book, <em>The Joys of Compounding.</em> Today’s episode is part 4 of our review of this incredible book.</p><p>Gautam Baid is the Managing Partner and Fund Manager of Stellar Wealth Partners India Fund, a Delaware-based investment partnership which is available to accredited investors in the US. The fund is modeled after the Buffett Partnership fee structure and invests in listed Indian equities with a long-term, fundamental, and value-oriented approach.</p><p><br></p><p><strong>IN THIS EPISODE YOU’LL LEARN:</strong></p><p>00:00 - Intro.</p><p>05:51 - What the holy grail of long-term value investing is.</p><p>07:55 - Why Gautam prefers to invest in high quality businesses.</p><p>10:26 - Why a company’s longevity of growth is much more important than its rate of growth.</p><p>15:44 - Why Gautam is bullish on India.</p><p>37:26 - Ways in which we can capitalize on inefficiencies in the markets.</p><p>45:38 - How Gautam thinks about portfolio management and position sizing.</p><p>54:20 - Why it’s so important we emphasize the preservation of our capital and avoiding ruin.</p><p><br></p><p><em>Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.</em></p><p><br></p><p><strong>BOOKS AND RESOURCES</strong></p><ul><li>Join our newly released&nbsp;<a href="https://www.theinvestorspodcast.com/mastermind/" rel="noopener noreferrer" target="_blank"><strong>TIP Mastermind Community</strong></a><strong>.</strong></li><li>Check out&nbsp;<a href="https://www.amazon.com/Joys-Compounding-Passionate-Heilbrunn-Investing/dp/0231197322?keywords=the+joys+of+compounding+by+gautam+baid&amp;qid=1677875949&amp;sprefix=the+joys+of+com%2Caps%2C126&amp;sr=8-1&amp;linkCode=ll1&amp;tag=tipnetwork-20&amp;linkId=c687246ad48c37a7a53b96c60bdaa0e1&amp;language=en_US&amp;ref_=as_li_ss_tl" rel="noopener noreferrer" target="_blank"><strong>The Joys of Compounding</strong></a>.</li><li>Tune into our previous episodes covering The Joys