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The Security Analysis Podcast

Gautam Baid: The Making of a Value Investor

Apr 17, 2024
Gautam Baid, a CFA and Managing Partner of Stellar Wealth Partners India Fund, discusses value investing in Indian equities, his investing journey, and insights on holding overvalued great businesses. He emphasizes the power of quality investing, optimal portfolio composition, and essential advice for new value investors. The podcast covers navigating a bear market in India, understanding valuation in investing, and market sentiment in various market phases.
55:40

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Importance of passion and perseverance in career transitions.
  • Need for patience, conviction, and applying variant perception in stock selection.

Deep dives

Investing Journey and Philosophy

The speaker shares his investing journey starting in the stock market during the 2003-2007 bull market in India, experiencing losses, and transitioning from investment banking to the public market. The importance of job satisfaction, passion, and perseverance is highlighted. Insights about value investing, the power of compounding, and taking risks in pursuit of career shifts are discussed.

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