The biggest challenge comes in when you bet on a business where you think the profitably sustainable, but in reality, it urns out to be commoditized. So i've done mistakes. You know, iv bought a textile company and a, you know, it looked like a structural story because itwere exporting to the brands in the us. And then as soon as the tion came in from amazon, there profitablly wasn't sustainable. I mean, the biggest problem is with the sick lycarity in the prophet marching.
Samit Vartak is the Founding Partner and Chief Investment Officer of SageOne Investment Managers. In this episode, Samit talks about success vs happiness, Vedanta philosophy, his stock research process, and the art of managing other people's money.