My guest for today is Vikas Khemani. Vikas is Founder & CEO of Carnelian Asset Management. He has ~25 years of capital markets experience, before founding Carnelian, he was CEO of Edelweiss Securities Ltd, where he spent 17 years incubating & building several businesses to leadership position including Institutional Equities and Equity Research. he enjoys strong relationships with Corporate India and is associated with several Industry bodies & committees including the CII National Council on Corporate Governance, FICCI Capital Markets Committee, Executive Council of Bombay Management Association. He is also a member of Young Presidents Organization (YPO), a global forum for entrepreneurs and CEOs and was awarded Young Professional Achievers Award for the service sector by the ICAI in 2014. His passion for investing took shape during his college days and continues to drive him.
Besides being an avid reader and poker player, Vikas enjoys yoga, meditation and has been running marathons since the last 15 years
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02:40-04:06 Vikas's EBC Trek Experience
04:06-10:11 About Vikas & Carnelian journey
10:11-13:55 Vikas's perspective on his tweet - "The desire to perform all the time is usually a barrier to performing over time."
13:55-18:02 Carnelian strategy and the shift in their strategy
18:02-21:40 Sector within Manufacturing sector where Vikas sees more potential
21:40-25:11 Does Vikas classify himself as a contrarian investor & when is big money made according to him
25:11-30:20 Vikas's best and worst investments
30:20-32:20 What is worse - 'Buying a wrong company' or 'selling a good company early'
32:20-35:34 Vikas's view on the financial sector
35:34-39:21 Vikas's view on the Reliance Industries
39:21-43:12 Investing lessons one learns from Poker
43:12-47:44 Vikas's view on digital businesses in India & their valuation
47:44-49:58 Stocks to avoid
49:58-53:00 Breaking Stereotypes
53:00-56:30 Healthy habits that one can incorporate in their daily life
56:30-1:00:10 How does Vikas make sure he is right on his spiritual track too
01:00:10-1:01:10 Book recommendation
1:01:10-1:02:30 Vikas's personal investment asset allocation
1:02:30-1:04:50 Regrets & things Vikas is looking forward to in life going ahead
1:04:50-1:07:01 Advice to 20 year self