Stock Market में शांतिपूर्ण Investing Journey कैसे करे with Abhishek Basumallick

Abhishek Basumallick is the founder of Intelsense.in and fund manager at Shree Rama Managers PMS, is a self-taught investor with engineering and management degrees. With 19 years in IT consulting, he focuses on long-term, compounding businesses, business leaders, and is active on ValuePickr. An avid reader and sports enthusiast.

In this video, Mr. Abhishek Basumallick will discusses his investing journey, influenced by Warren Buffett and Charlie Munger. Watch the complete video to discover the importance of rule-based investing, portfolio management, and effective investment strategies to achieve long-term financial success and capital protection.

Abhishek highlights the value of having a defined framework for process-driven investment and offers lessons from his own investing career. He talks about how Peter Lynch, Charlie Munger, and Warren Buffett shaped his way of thinking and exhorts his audience to establish their investing universe, choose equities inside it, and maintain consistency.

Additionally, Abhishek stresses the value of following a method, remaining receptive, and developing a network. He recognizes the need of networking and independence in making financial decisions, but he also promotes experimentation, stability, and capital preservation.

He discusses What is the biggest challenge that an average investor faces? The average investor can be a creature of emotion, often making decisions based on fear and greed rather than a sound investment plan. During a market crash, panic can set in, leading to selling investments at a loss. Conversely, when markets are on a tear, the fear of missing out (FOMO) can cause investors to jump in at the peak, buying high. This tendency to chase past performance can also lead to buying too late in a bull market or waiting too long to enter after a crash, missing out on potential gains. This emotional rollercoaster can be detrimental to long-term investment success.