Coffee and Investing with Saurabh Mukherjea Coffee Can Investing ft. Rakshit Ranjan
Jan 17, 2024
Rakshit Ranjan, co-author with Saurabh, discusses Coffee Can Investing concept. They explore long-term growth strategy, success factors of Asian Paints, analyzing return on capital employed, innovative approaches in the jewelry industry, and explaining Coffee Can Investing with a cricketing analogy.
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Hold Quality Stocks Long-Term
- Buy a group of high-quality stocks and hold them for decades with patience.
- Avoid reacting to daily news and market fluctuations for consistent long-term wealth creation.
Stocks Beat Other Assets
- Stocks outperform gold, real estate, and fixed deposits over long periods in India.
- Indian equity market compounded approximately 13.3% CAGR from 1990 to 2020, leading other asset classes.
Asian Paints Price Power Story
- Asian Paints cleverly maintains profit margins by adjusting prices with oil price swings.
- Despite fluctuating raw material costs, it has compounded wealth massively over 40 years.