Sabitlenmiş Tweet
Warren Buffett watching the war with $380 Billion in cash
English
CA Ronit Pereira
2.8K posts
CA Ronit Pereira
@Ronitper
Rare Insights Daily | Reading | Seeking Quality businesses | Unserious | Views Personal
Mumbai Katılım Mayıs 2022
718 Takip Edilen7.4K Takipçiler
“If you aren't happy having $100,000, you're not going to be happy if you have $100 million."
- Warren Buffett. 2019
English
@stockmarket8058 Thanks for resharing 🙏
x.com/Ronitper/statu…
CA Ronit Pereira@Ronitper
Meet Nemish Shah > Born in 1963. Completed his graduation from Lala Lajpat Rai College, Mumbai in 1977. > Initially managed his father's pharma company but moved full time into stock markets. > He reportedly learned the ropes of trading under the late Manu Manek, the legendary bear operator of the Dalal Street. > In 1984, founded Enam Securities with Manek Bhansali, later joined by Vallabh Bhansali. > Enam served as the manager for the IPO of Infosys which was ironically undersubscribed. Later on for Marico, Yes Bank, Glenmark IPOs. > Invested early in HDFC Bank and Eicher motors when it's Royal Enfield brand was struggling. > In 2010, Sold Enam to Axis Bank for valuation of Rs. 2,067 Crores and he started to focus on direct stock picking. > Took stake in Asahi Glass, Lakshmi Machine Works, Elgi Equipments in 2015. He still holds those shares valued at Rs. 2,700 Crores. Amazing holding power. > Rakesh Jhujhunwala described him as best analyst in India whether it be automobile, cement or any sector. > Focuses on Capital-intensive manufacturing & industrial businesses, ROCE > 9%, good capital allocators, holds for more than 10+ years > Total portfolio is valued at Rs. 2,865 Crores (Src: Trendlyne as on 31st December 2026) > Founded FLAME University in 2015 spread across 80 acres situated in Pune. A great example of how building a great business, identifying them and staying for long periods can generate wealth 🔥
English
Meet Nemish shah
> Born in 1954 is a renowned Indian value investor and co-founder of ENAM Holdings (originally ENAM Securities), one of India's most respected investment firms.
> He graduated with a B.Com from Lala Lajpat Rai College, Mumbai University, in 1977.
> Co-founded ENAM in 1984 (with partners like Vallabh Bhanshali), pioneering investment research and quickly becoming a top player in IPOs and investment banking.
> Known for his low-profile, disciplined, long-term value investing style—focusing on quality companies with strong fundamentals (often traditional sectors like industrials and auto components).
> Parts of ENAM later merged with Axis Bank; he now manages investments via Enam Holdings (family office/portfolio worth ~₹2,900–3,300 Cr in recent years).
> Philanthropist: Founded FLAME University (Foundation for Liberal and Management Education) in 2004 to promote quality education rooted in Indian values.
English
“Give kids enough so that they could do anything, but not so much that they’d do nothing.”
- Warren Buffett
English
"In 2003, We bought Bosch at Rs. 300 and started selling at average of Rs. 25,000 in 2015. My son said that, the company was world class, but the valuations were unsustainable."
- Govind Parikh. 2019
It took Bosch to 10 Years to come back at Rs. 25,000 price 👏🏻
English
“If you’re living on less than your means, you’re rich right now.”- Tom Gayner
CA Ronit Pereira@Ronitper
“If you aren't happy having $100,000, you're not going to be happy if you have $100 million." - Warren Buffett. 2019
English
@varunv_malhotra Right Varun. It should be ‘industries’ in place of ‘companies’.
Some industries, no matter how deeply one understands, inherently have poor economics. Hence, difficult to make money in them
English
@Ronitper I think 2. Is wrong. You have to understand 100s of businesses to truly understand the few you are considering and own
English
“Envy is a really stupid sin because it’s the only one you could never possibly have any fun at.”
- Charlie Munger
English
Years in which panics have occurred and will occur again.
So Accurate 👏🏻
English
@Ronitper New ideas aren’t hard—letting go of old habits is, and as John Maynard Keynes said, people lose money because they stick to outdated thinking even when the market has already changed.
English
“The difficulty lies, not in the new ideas, but in escaping from the old ones”
— John Keynes
English
Charlie Munger's 2007 speech at USC
37 minutes of pure wisdom 👏
English
@Ronitper Asset Lifecycle - 4 Phases: Accumulation (Under-Valued Phase), Up-Trend (Fairly-Valued Phase), Topping/Distribution (Over-Valued Phase), Down-Trend (Fairly-Valued) and Accumulation (Under-Valued again)....
English
“The first rule of fishing is to fish where the fish are.”
— Charlie Munger
English
