Vishal: It requires a unique combination of courage, conviction and cash. In the last four or five years, when ive tried to overload myself on a stock, sometimes i've been disappointed because the stock has not delivered what i thought it would. I think for myself, while i'm still hopeful they'll find the right opportunity somewhere down the road, the odds are getting increasingly slimmer. The risk aversion has ah become greater, because you want to protect in the senior years of life, what you've done. So maybe i'll get this opportunity. But ithink the gase will live on, hopefully through one of the many young people who come to me and who
Ramesh Damani is a member of the Bombay Stock Exchange and one of the most successful, well-read and erudite investors in India. In this episode, we talk about the importance of focus in investing, backing up your truck, his key lessons from the wizards of Dalal Street, and much more.