In this video of the face2face series, we have with us Mr. Vivek Bajaj, co-founder, StockEdge, Elearnmarkets, in conversation with Mr. Rakesh Laroia, someone with an incredible amount of knowledge and experience of the stock markets. The video focuses on the dual goal of generating both short-term profitability and long-term wealth creation. Mr. Laroia provides his knowledge and wisdom, highlighting the value of fundamental analysis, finding multibagger stocks, and creating smart exit strategies.
Mr. Laroia started trading stocks at an early age, and he overcame the challenges presented by the 2008 Subprime crisis. He has developed a reputation as a multibagger specialist and a turn-around story identifier owing to his significant knowledge and experience. They talk about the risks of focusing on short-term earnings at the price of building long-term wealth in the video. They offer helpful insights into the process of identifying multibagger companies, which have the ability to increase exponentially and produce substantial profits over a short period of time.
The speaker then delves into the importance of fundamental analysis, including understanding company management, efficiency, and capabilities. He stresses the significance of thoroughly studying and analyzing annual reports in order to make wise investment selections. Further, he will discuss the method to pick what are called multibagger stocks. These are stocks which hold the potential to rise manyfold in a few years and make investors a tremendous amount of money. The speaker will give real-life examples and case studies of what have been such stocks in the past. Finally, towards the end of the video, they will discuss the PE ratio and whether it is an important ratio for retail investors to follow. The speaker will also give tips on how one can strategise their exit in order to maximise their profits and minimise losses. Watch this video to gain practical knowledge on fundamental analysis, identifying multibagger stocks and strategic decision-making.