If We Can't be Arjuna, We Can be Eklavya Instead

Mar 5, 2018

Kunal Thanvi, Research analyst

11th February 2018 was like a judgment day for my team and me.

A whole year of picking stocks, meeting managements, and tracking smart money felt all the more satisfying when we meet you, our valued subscribers, in person.

We got direct feedback on what you liked and how we can improve.

All this and much more happened at the Equitymaster Annual Conference 2018.

You might know that through Smart Money Secrets, I keep track of India's top super investors. More than 40 of them. Naturally, a lot of you had questions about how I do this.

A common question was, "How do you track super investors who are not accessible in person"? Or "How do you meet someone who doesn't reside in India?

The answer took me back to my childhood days. In those days, entertainment meant 1 television, 2 channels, and the whole neighborhood watching together.

--- Advertisement ---
5 Safe Stocks to Stay Protected During These Uncertain Times...

With the sudden market correction last week...

And the slow increase on Wednesday...

No one can predict which way the market will be headed in a few days.

But, even during these uncertain times...

We have 5 Safe Stocks that we believe, could stand strong despite the market conditions.

To find out which stocks we are talking about...

Click here...

The most popular show back then was India's greatest mythological epic, 'Mahabharata'.

Now, how is this related to smart money and tracking super investors?

There was one particular episode of Mahabharata that particularly intrigued me. Eklavya and Arjuna.

Since childhood, Arjuna was destined to be the greatest archer of all time. With his guru Dronacharya to guide him and his own gifted ability, there was no stopping him reaching his potential.

In a remote corner of the city, was another archer, charting his own path. Eklavya. Dronacharya wasn't allowed to train him since he wasn't a part of the royal family.

But Eklavya was not one to give up. He made a statue of Dronacharya and thought of him as his guru.

Discreetly following Dronacharya when he taught his disciples, Eklavya mastered the art of archery without any guidance or training.

We too adopt Eklavya's tactics while following our gurus in the stock market. We don't need to meet them in person. Our super investor could be in any part of the world. We will most certainly track him.

Once we understand the interests of the super investors, we get the ball rolling. Then we start our process of filtering the stocks.

We do this with a tool we call the 'Smart Money Score'.

Equitymaster's Smart Money Score (ESMS)TM rates stocks based their fundamentals and potential to become multibaggers over the long run. Its dual role is to screen out potentially fraudulent stocks and evaluate objectively the smart money investors and their stock picks.

The 'Smart Money Score' helps us filter out any fundamentally weak stocks. What is left behind is a refined selection of stocks, literally, the best of the lot.

Our Dronacharyas are with us as a statue or in person. As editor of Smart Money Secrets, it's my job to learn from them and hit the bull's eye.

Chart of the Day

Apart from smart money, one thing we also track is GDP growth. The December quarter numbers are out. It was a pleasant surprise.

India's GDP grew by 7.2% in Q3 FY18. Manufacturing grew by 8.1% for the quarter compared to 7.9% in the same quarter last year. Cement, electricity, coal, and steel, the bedrock of the economy, all witnessed robust growth.

India also surpassed China as the world's fastest growing economy. Rest assured, we'll keep a close eye on this trend.

GDP Growth Getting Back on Track

Kunal Thanvi
Kunal Thanvi (Research Analyst)

PS: The best investors in India do all the hard work required to pick the right stocks - all you have to do is watch what they are doing... follow India's best super investors by clicking here.

Recent Articles

All Good Things Come to an End... April 8, 2020
Why your favourite e-letter won't reach you every week day.
A Safe Stock to Lockdown Now April 2, 2020
The market crashc has made strong, established brands attractive. Here's a stock to make the most of this opportunity...
One Stock that is All Charged Up for the Post Coronavirus Rebound April 1, 2020
A stock with strong moat is currently trading near 5-year lows.
Sorry Warren Buffett, I'm Following This Man Instead of You in 2020 March 30, 2020
This man warned of an impending market correction while everyone else was celebrating the renewed optimism in early 2020...

Equitymaster requests your view! Post a comment on "If We Can't be Arjuna, We Can be Eklavya Instead". Click here!

1 Responses to "If We Can't be Arjuna, We Can be Eklavya Instead"

Sunil Gadekar

Mar 5, 2018

Great analogy!
Keep it up.

Equitymaster requests your view! Post a comment on "If We Can't be Arjuna, We Can be Eklavya Instead". Click here!