Masterclass with Saurabh Mukherjea - A Checklist for the Modern Indian Investor | EDGE Community

​In this Masterclass, Saurabh Mukherjea will discuss how one can follow an automated investment checklist which when applied regularly, can reduce the chances of making investment mistakes and in turn maximize the potential of wealth generation for investors. This Masterclass would help us in selecting undervalued stocks and overweighting them in the portfolio combined with regular rebalancing.
​As Warren Buffet once said, “Investing is simple but not easy”. Most of us don’t spend time dwelling on our errors. But if we did, we could create checklists that would eliminate those errors. To adopt a checklist is to embrace humility and admit our own fallibility. So please join us in this Masterclass as we do exactly that!
Renowned journalist Govind Ethiraj will be hosting a Q&A with Saurabh Mukherjea after the Masterclass.
​Key points we will be discussing:
- How to build a long-only portfolio with a Quantitative fundamentals approach based on good investing principles.
- Hold 35-45 stock portfolio diversified across large, mid and small-cap segments and factors (quality and value).
- The contribution from each portfolio construction steps to the back-tested performance.
- The advantages of the quantitative approach followed which allow us to analyse and rank over a large universe of companies and avoid common behavioural errors in investing like “availability bias”
- How to address cognitive biases and capitalize on the behavioral and analytical errors of other investors.
​About EDGE Community:
EDGE is a constellation of leaders, creators & professionals from across different disciplines - committed to helping each other thrive. EDGE Memberships are based on recommendations only. The purpose is to create a gated community of highly trusted individuals who have a track-record of being intellectually curious, adventurous, warm, compassionate, and highly engaged individuals who can add value stemming from each-others domains.
About Saurabh Mukherjea:
Saurabh Mukherjea is the Founder and Chief Investment Officer of Marcellus Investment Managers. Saurabh was educated at the London School of Economics where he earned a BSc in Economics (with First Class Honours) and an MSc in Economics (with distinction in Macro & Microeconomics). Prior to setting up Marcellus, Saurabh was CEO at Ambit Capital and was working in the sell side in London at Clear Capital. He continues to be part of multiple SEBI working groups and writing various books such as Gurus of Chaos, The Unusual Billionaires, Coffee-Can investing, and more!
​

[@hemusinghjain9422]

Attending wonderful class after 33 years, thanks

[@sumitmajumder884]

So far this is the best speech of sourav that I have listened to.... so elaborate yet easy to my understanding....

[@rajivnarula1]

It is always a pleasure to listen to Saurabh.

[@srabanidubey4329]

Saurabh you have demystified some very powerful investing Techniques in a simplified manner. Your presentation style is mind blowing.

[@noelmaskii25]

A fascinating talk for anyone who wants to learn long term investing!

[@ellamezo]

My spouse and I are adding a variety of stocks/ETF to my present holdings for the long term, We've set aside $250k to start following inflation-indexed bonds and stocks of companies with solid cash flows, I believe it is a good time to capitalize on the market for long-term gains, but it wouldn't hurt to know means of actualizing short term profit.

[@Isaacmeide]

Find stocks with market-beating yields and shares that at least keep pace with the market for a long term. For a successful long-term strategy I recommend you seek the guidance a broker or financial advisor.

[@kevsmills]

@@Isaacmeide My husband and I were following this same trajectory. Last two years, I pulled out my money and invested with her wealth manager. Not catching up with her profits over the years, but at least I earn more

[@Emmacurtis]

@@kevsmills It's a good time to buy and basically I've just got cash sitting duck in the bank and I'd really love to put it to good use seeing how inflation is at an all time-high, who is this coach that guides you, mind I look them up

[@kevsmills]

@@Emmacurtis There are lots of them but almost everyone works with ISABEL LINDA DUERI this days, she's getting more recognized by day, she strategies has been the best this period

[@ardeand]

@@kevsmills She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.. This information is really helpful.

[@Levelheadcal]

Absolutely amazing presentation Saurabh!👏👏

[@sujitkumar-qy8tl]

amazing the way saurabh explained about investing, which most of the people don't look at

[@tejinderkumar8683]

You are great financial mentor of the world.

[@SavarkarManeTikhapan]

Saurabh is a master storyteller. A Dust on the Diamonds

[@theresaronnie]

huh? do you mean a diamond in the dust?

[@ashrafanwarali3857]

Thank you 😊 for uploading this video

[@pankajbhatia3163]

Great content First time SM explained forensic in detail ..thanks

[@TheDinTen]

Lovely way of teaching professor 🙂

[@abhijeetchokada7433]

Wonderful insight as always

[@kamalkunjapur5383]

Can't wait for UB part 2 :)

[@pillboy]

U r a good story teller

[@deepakpadia7184]

Excellent session

[@neeraj3179]

Fabulous content.

[@HerbRemedica-zf1ln]

It was good. I learned a new concept of Price to FCF.

[@kailashsankhlecha5970]

Saurabh sir Thank you very much

[@rouhithganesan87]

Question & Answer session too please! @EDGE

[@deepakkumar-vc4ld]

Insightful lecture

[@kiranvrao9714]

Thank you

[@niteshswami7864]

thank you sir

[@sudarshannagaonkar3972]

The same book 'The Checklist Manifesto' talks about checklist used by Mohnish Pobrai for investment. I wonder why Saurabh would not mention this point during his talk.

[@saurabhmehta1556]

Sir, If u can guide us website from where we can identify reinvestment figures again cashflows generated by a company

[@sagarpatro4631]

Good to see him wearing Relaxo shoes though sold all shares..

[@letstalkfinance8705]

You tell people make sound but to be honest you make a lot of sound than anyone in our country

[@govilkumar140]

Good business

[@heyitsvibz]

Story telling dont put money on the table. Saurabh is a titanic.

[@musiccrazyd1]

D/E ROCE P/FC OC/OP provisioning for debtor Contingent provisioning (banks) Interest to cash Auditor fees and quality CWIP to gross block

[@samjosh44]

same guy who was very bullish on relaxo made the retail investor invest in relaxo at all time high and smartly exited from it. Dont trust him anymore

[@joerobert1801]

I think it is important to spread funds in channels that are poised to do well in recession. I'm currently finishing my 6th duplex and retired from the rat race at 35 and what funded all these were strategic investing in stocks and consistent trading crypto. I'm exceptionally well positioned for what's to come because my portfolio is solid enough to withstand and outperform irrespective of the market trends.

[@joerobert1801]

Gregg, plot your course bud, I am personally invested 80% in stocks, 20% in crypto and of course with the guidance of my investment coach Frost Hilda, this yields an annual return of $400k. Frost focus on leading stocks in top industry groups, and aim for stocks with strong institutional support. He plots good entry point and has greatly enhanced my earnings and portfolio performance over the years.

[@seanroger6954]

I guess the market doesn't look bad, Its me who just don't see the opportunity it's providing right nOw.

[@joerobert1801]

Follow my lead ma'am, using a coach with extensive knowledge of portfolio diversity and is considered an expert in the field on. I advise researching his credentials further for his business memos. he has many years of experience and is a valuable resource for anyone looking to navigate the financial markets.

[@geraldbenzinger9703]

Market action has been challenging so far since 2022, milking the market for massive gains is no easy feat. I'm taking advantage of small price moves, it can be a lucrative game if played correctly.

[@petermartin545]

There are a lot of liars telling white lies on KZbin

[@NaveenSharma-jb9cs]

How is the P/FCF for LTTS 5.4x ? as of today its around 44.

[@masoodurrahman3652]

24:18 Out of 20 14 stock CCP And 4 stock??? And 2 naughty stock??? Plz tell me about these stock

[@Vitsupp]

41:58 forensic accounting checklist

[@jamdamm]

Price to Free Cash flow of 5 to 6 of LTTS does not seems correct in the slide. Its much higher. Please check

[@ShaikhNadeem]

Same here CONFUSED! How's he claiming that!

[@manojm5747]

India awaits Political reforms to cleanse political system to see only people with real intent to serve society and nation are only into politics but not for social status or to make money. Corruption free society and INDIA as called by our beloved PM is possible only with political reforms that eliminates the deficiencies in Indian democracy.

[@vinodtrivedi8079]

34:42 start

[@nahopyga]

Thanks man

[@beforethebigbang1329]

No adani was attacked 🔥

[@sisirkshetrimayum1072]

Lokomo haicni

[@aayushsinha2973]

43:48 Which stock is he talking about?

[@DeepaKChoudharY-fi5je]

divis lab

[@stevenspellberg]

Would have paid to listen to him

[@anindyaghosh7907]

You can't find 10 companies with these cuts, just check bajaj finance retun/volatility or a price/FCF of Asian paints

[@AR-xx4mq]

Master storyteller however PMS underperforms

[@birendraprasad]

Saurabh bhai... relaxo pahan rahey ho ya nahi... logo ko big C bana Rahe ho

[@Gns9849]

35:39 timeline

[@vedantma]

Volatility is not the same as risk.

[@ShaikhNadeem]

1 QUESTION IF ANY1 CAN HELP- Saurabh when he was explaining P/FCF for LTTS. He says from the last chart when LTTS was around 4800 Rs in 2021 P/FCF was 6.9x.. And on some other date je says it was 3x - 4x like that. I cross checked Free Cash Flow is CFO-Capex And LTTS had around 800 cr, 1000 cr, 1200 cr as free cash flow so at 4000 Rs share price LTTS mcap is around 40000 cr so p/fcf comes around 30x-40x and similar for other years. HOW COME HE'S SAYING SUCH LOW P/FCF NOS IF ANY1 CAN HELP?

[@sindbadanant]

in P/E we take price and eps but in p/fcf we are taking price of share and entire fcf.....I am not able to understand this valuation can anyone help understanding

[@sindbadanant]

fcf per share.......divided fcf by number of shares you will ger fcf per share

[@siddarthmohta8504]

Gyan..

[@saurabhpandey2237]

Which Pharma company is he talking about at (43:50) timeline.

[@MrKidmuscle]

Sun Pharma I suppose

[@sisirkshetrimayum1072]

Lokomo

[@debbh274]

Divis lab

[@MrinalSinha55]

What! His favourite and goto Pharma is Divislab. Watch his old videos

[@jyoking100]

I think he’s talking about biocon

[@ruturajyadav5130]

42:21

[@ruturajyadav5130]

1:00:00

[@souvikdasofficial]

Can anyone tell me the name of the large Pharma south Indian company ?

[@scarfacecapital.]

Divis?

[@sreyanshimukherjee4615]

I think Aurobindo Pharma.

[@aviralgoel5684]

@@scarfacecapital. 🤣🤣 Definitely not Divis

[@mr.unknowngaming7156]

@@scarfacecapital. I think because he mentioned “south”, that may be “vijaya diagnostics”, he usually promotes that company

[@festivevibes23]

Sun pharma ?

[@PramodKumar-nb5gn]

Are you losing sleep for missing out of a Golden One on Adani Port?

[@rajatchabra345]

24:33 43:00

[@manojm5747]

What about the negatives like cybercrime on bank accounts being easily looted...? No security to digital money on this modern era. No body has answer to this no responsibility, accountability even by RBI & govt which is the pain point & disgusting.

[@AbhayShirole]

I just feel bad for my ELSS Investments lol

[@mukulyadav7180]

which is pharma company any guess ??

[@sandipghosh9326]

Divis divis

[@mukulyadav7180]

@@sandipghosh9326 it's not divis for sure

[@chandrachudmishra2671]

Divis Labs

[@sandipghosh9326]

No not divis, i commented without listening 😆😆😆, i have a stake in divis

[@mukulyadav7180]

@@sandipghosh9326 Me too 😌

[@Abdulrashid22067]

chappal nhi laya bhai aaj

[@d2e4U]

Company with highEST PE 🙂

[@rajkrishan3092]

Chappal bech dia bhai🤣

[@manas3184]

Which is the large Southern Pharma company about to blow up

[@deepakbam5139]

43:53 bhai konsi Pharma company hai jo blow up hone vali hai???

[@sindbadanant]

gland pharma

[@mistermind8170]

I think it is divis

[@mistermind8170]

I think it is divis

[@Sheela9999]

With all this knowledge, good for lecture only -- marcellus missed the bus and all pms are down.

[@1981Src]

Kiya hal hai aapki portfolio ka ?

[@bharatparekh9553]

Chappal kaha gayi bhai

[@brajeshyadav589]

I don't believe SM after silent ly sell out relexo by him.

[@biditsarbajna979]

I don't understand the logic of you people. Why should he shout before selling? Then how will he be able to sell at higher price? He is educatung us. You people want free stock advice from him and expect to become a billionaire down the line. Lots of sympathy for you people

[@sisirkshetrimayum1072]

Lokomo

[@muaythairaja]

​@@biditsarbajna979 why u kissing his ass? He split profits with you?

[@biditsarbajna979]

@@muaythairaja get well soon. U r sick.

[@abhishekshah136]

This is a old video

[@rajeshdalal4853]

More money by way of tax in government hand and ineffective use...let everyone know and understand where India will end up.

[@chandrachudmishra2671]

If use is ineffective,Then we would not have so much of roads and Vande Bharat Expresses.

[@satvikkhare1844]

bhai sahab chappal pehen ke talk dene aae hai , he is in a different league altogether

[@birendraprasad]

Check Karo kahi relaxo ka hai ya bata ka hai...

[@satvikkhare1844]

@@birendraprasad he sold relaxo from his portfolio

[@hussainmodiwala]

Is it aurobindo pharma

[@shubamdutta7599]

I think Sunpharma

[@devasanthosh966]

no cipla

[@MrKidmuscle]

bhai nifty pharma pura list ho jayega replies mein

[@sanjaykale6235]

Lupin

[@goodtimepass2007]

Gland Pharma 😢

[@ashwinagarwal8573]

Your video act like a jadibooti for me !!!

[@madhavadhikari9146]

हिन्दीमे ज्यादा लोंगोको लाभ मिलेगा , आपका followers देशमे बेहतर बढेगें ।

[@TheKosenrufu]

Listen to his any interview or read his any book, he will have have the same set of sentences to narrate his narrative, india is growing.. gst.. highways.. mobile phone users etc etc. how he came to India after his stint in UK, if you check UK market’s Index it has hardly moved over the years - so that kinda explains his moving out from there. Anyways as long as his investors make money and he makes more money than them - the hamster wheel will continue to spin - capitalism,digitisation and the MachineLearning model of KZbin will continue to spit out videos like these 😅

[@sureshvarma6692]

Right

[@tikz_patriot9207]

leftiest won't like this talk.....

[@rajarora2097]

You don’t need to come physically to invest in India , you can invest anywhere staying anywhere. It’s just the market size - about 60% of US is invested into stocks, in India it’s about 4 % population invested in stocks .. that’s what get these people here , you will have so many people move from bank to stocks in next 30 years

[@birendraprasad]

Relaxo k chapal pahan pahan Kar youtube pe videos banaya for invest karaney k liye... aur banda Kab nikal gaya... aur Pata chala jab share price 50% gir gaya... ye hi honey wala hai asent paint aur Pidilite k saath... Lal lalpath lab k sath ho raha hai... don't believe on him... they all trappers not Investor...

[@lalatendupati8012]

He never asked you to buy relaxo , he explained the business model quite well and he explained why he left , and I think while investing you should do your own research , not listen and buy.

[@churchilkamkb]

@@lalatendupati8012 when he said relaxo Ka chappal is money making instrument that mean he's not only explaining buisness

[@kurshymaster3408]

He was fined for insider trading 😅😅 , take him with a pinch of salt

[@nishithmendon4637]

Who are the 2 croony capitalists he is talking about? Adani and Ambani ?

[@princegupta5609]

leftiest won't like this talk.....

[@deepakkumar-vc4ld]

You fool ....invester are neither rightist nor leftist. They are always neutral .

[@birendraprasad]

Ghanta skill hai inkey pass... they are looters.

[@lalitp96]

Great

[@aishvarygoel2282]

Seems hypocritical...he prefers business owners/ceos who don't talk while he does so much talking Have anybody seen any other PMS founder/ceo speak so much? Why doesn't he let his PMS's performance speak for him?

[@DS-oo9nc]

I don't think you get it. His point is, promoters indulging in mega lifestyle, byuing IPL teams, foundations are essentially taking themselves away from the business's day-to-day functioning, and it basically means they no longer have the hunger to grow that brought them there in the first place. What he is doing is marvellous. He is practically the Linus Torvalds of Indian investing, open sourcing the secrets, and revealing that it is quite simple and straightforward. You don't have to agree with him, and you can publicly call out anything wrong he has said or hypothesized. Anyway, most people who can be his customers are not watching KZbin videos.

[@muaythairaja]

He quietly sold relaxo while telling everyone to buy

[@xman6267]

Ai is laughing in the corner.. those indian expert will be of no use.. in 10 yrs

[@GauravDewangan-tp2ef]

worst pms ever

[@0073412K]

Most of statement are politically motivated, no one is liking new tax regime, govt should encourage for savings, Banks are also under pressure maximum NPA are in 2022 i.e 2.17 lakh crore. Lot of infra was already created in 60 years, manufacturing is at all time low. You are completely political person

[@StockResearchHub]

41:58 forensic accounting checklist