Such a smooth talker, knowledgeable and visionary personality Saurabh Mukherjea is! I can listen to him peach the whole day. This is why I blindly Short any stock he buys. I've beaten him for the last 5 years and last year my portfolio was up 14% and unlike his -14 i didn't even pay any management fees.
@@nabighjamil3897 sun be mulle joke tha gandu. Aukat me rha kar k2a bhenchod sala. Mere last year ke returns 67% the. Apna number bhej proof de deta hu.
@@user-fk8ky2ms6d It is not just that they are not getting substantial alpha over the benchmark. Buying stocks at ultra-high valuations has never ever worked in any country over the long term. It might work for a few years but not over decades. The main issue is Saurabh's arrogance. He believes and behaves in a way that he is better than the rest of the fund managers despite giving below-average returns. He jumps in stocks when they are already hyped and rallied and expensive. It seems like he is not an investor but a momentum trader.
The only problem with Saurabh is he prefers (excellent business at over-the-top valuation) over (good business at reasonable valuations) almost 100% of times. Almost all his stocks are very good businesses but most of them are not at decent valuations. Indian Market , unlike USA looks at valuation as much as business outlook.
It's like munger vs buffet Munger prefers quality and buffet preferred value but it was munger who convinced buffet saying in the long run, quality will deliver better returns. Chill pill bro
Saurabh saying: I) "Small cap valuations completely out of sync" Now question is, his investment philosophy is to bet on horses which already won the race. Put your money in great companies with great management with good ROCE and earnings growth. Now when small cap companies beginning to show these characteristics, he's talking abt Valuations. I'm surprised Nikunj didnt ask him, from when Saurabh started to look at valuations and if he indeed did then how Saurabh assesses valuations. II) Red sea induced freight cost increase will affect China and not India. What is that logic? India will also supplies through same route as Chinese.
About Saurabh everyone must be clear he was saying same thing about Relaxo and Asian paints and then he sold all his holdings, to iske chakkar me fasega jo barbaad hi hoga, he is saying this so that he gets a chance to sell his holdings while the stocks price doesn't dips further
Saurabh must feel the pinch HDFC Bank is his top bet. Must say I was expecting the stock to correct given the mahual building by the channels that results were below market expectations but a 5% fall was unexpected.
It took just 3 months for Indusind bank to come from 1500 to 250 in 2020. Don't want to jinx anything but I guess people are going to be pissing in their pants soon!!
@@user-fk8ky2ms6d just by reading your comments makes me laugh. I can surely say you haven't seen the market for more than 5years. You guys have no idea what markets are. Check history. Markets sometimes underperform for years. These are common. But guess y'all little bull run femboys only care about buying brightcom share.
What retailers are missing is that its ok to listen to him. Understand what he says and swing trade in these stocks. Do some technical analysis homework. Isko bekaar bolne se koi paisa nahi banayega. Its Saurabhs problem that he cant trade but no body is stopping retail public to move in and out of these stocks.
market is about numbers, the stories (extreme long term future discounting is easy ) have no meaning...those who are selling today aren't buying his opinion? I am sure its not falling on a retail selling.
Because he doesn't consider valuation for buying any stock and more worse believe that trent can become 100 times bigger than current surpassing gdp of many nations.
The growth in earnings and EOS has come to a crawl...almost flat. I don't see how someone can find the results reassuring. No wonder the market is svcording HDFC bank a much lower PE rating as compared to its past! 😢
He sure is laughing but the joke's on the idiots who think he's the works. Sad - a fool is soon parted with his money.....people like Mukherjee are created by God to help with the process 😂
CASA down to 35%, NIM @ 3.4 much lower than pre merger, net profits managed with Lower tax provision and write back, CD ration @ alarming 110% instead of 85% pre merger, If deposit rates are upped it will hit ROA and NIM , 8000 branches to be scaled up to 13,000 which is humongous which will lead to huge increase in operational cost, It seems the bank is in panic rush to increase the no. of branches, Why Mr Mukherjee finds results reassuring only he can answer. SBI offers far better value than HDFC.
Have you noticed that in the last few years, Banks interest rate on deposits have remained more or less constant but they have been growing their balance sheet. Banks like Federal Bank, HDFC etc rates on FD are very low. This is probably because, these banks are approching the market to issue bonds for specific amount for their growth capital instead of increasing the deposit. This is because if they increase the deposit rates, existing customers will close their existing deposit and rebook. This will have an impact on their entire deposit portfolio. So they started this trend of getting private placement of bonds for specfici amount at higher interest rates. The risk was contained only to this specific amount. This to me was their strategy. This has resulted in RBI calling them out and asking them to curb the lending vs depoist gap. Since RBI has indicated this, they will be forced to increase the rate. Bank like IDFC which was living on higher interest rate has over a period reduced the rate to something like HDFC. How can they manage, only this way. Look at Federal Bank a relatively small bank, who is offering such low deposit rates. Small finance banks scene is different as if they go for private placement, the rates offered should be sizable and hence they offer higher rates for shorter tenor
In next 2-3 years you will see at 6000 levels All it stocks still at reasonable valuations, slow down in us economy also one of the main reasons. Check for 10 Yr chart you will surely understand the tough periods and then it was rallied 2x 3x in no time. In my opinion people take tcs now will most probably will see atleast 18 to 20 percent cagr.
Loan to deposit ratio is 110%. NII or net interest margins are 3.4% down from historical 4.3% . Casa is down . Valuations are higher then others . Questions over asset quality and NPA
Source is good for talking only. His all PMs are half of index return from inception. All time horizon his fund is giving much lower return than index returns. He needs to learn to deliver his talk.
Saurabh's biggest mistake is he is paying high for past returns with the flawed assumption that future returns would be the same. This would not be true for many companies.
Absolutely true. He will not face any issue on companies like TCS, HDFC Bank etc. as they would always recover from corrections due to strong fundamentals. But small and mid caps are easy targets for pump and dump.
Saurabh Mukherjea is the worst fund manager in the country. Total loser and wealth destroyer. Why don’t channels put up his Rising Giants performance. Inviting this smooth talking man is misleading for viewers.
New channels and some of these Analysts/PMS owners are like - You scratch my back and I scratch your back. No tough questions asked. Same old rhetoric from the speakers too. Unfortunately, we the investors spend time watching such shows
Name a single bank in this country which has been able to scale up deposit base without having physical presence😅. Without having physical presence it's not possible to acquire customers and setting up collection team. Remember in banking business trust is the most important parameter which can't be built over digitally.
"Leave aside political results", "Leave aside Middle East conflict" - Bhai if you leave aside everything and just use a blank slate, then on what basis are we saying market will perform? Interest rate cuts are heavily tied to oil prices and middle east conflict. How can we leave that aside? If the conflict does not subside, market and especially hdfc is not going to move up.
@@aaronwesley6 in the end retailers r trap if we follow only news...plus if we now do the analysis after this fall 3Year return of HDFC BANK became zero....
Wait a bit and you'll see Saurabh fanboys and shills defend him like their life depends on it. If you ask them to invest with him they'll make a 100 excuses since his past year returns have been horrible and his fund has underperformed consistently since it's inception.
Bhi technical uar valuation nam ki bhi chij hoti hai ye log samghte keu nahi hai , i know fundamentals of a business but ye nahi hai ki mai technical sut valuation ko ignore kar du but ye so called padhe likhe log kuch gyada supreme smaghte hai
