25th year: Unicorn, Dinosaur or Guide?

Apr 22, 2021

Editor's note: Dear reader, we are celebrating our 25th anniversary today! We thank you for supporting us. On this special day, here is a message from our founder, Ajit Dayal. Read on...


Ajit Dayal

On April 22nd, 1996 we launched a website called www.QuantumIndia.com.

In 1999, we converted the name to www.equitymaster.com.

To announce the conversion of The Quantum Stock Market Yearbook from an annual printed book into a digital format on what was then India's first financial website in 1996, we placed an advertisement in The Economic Times.

With just about 10,000 internet connections in India in 1996 and "speeds" of 28 kbps, that advertisement was probably a waste of money.

The internet excited me: it was a way to reach out and educate a large pool of investors on the opportunities - and the risks - of investing in the Indian stock markets and allowing investors to profit from the decades of economic growth that India promised to deliver (and did!).

As we celebrate the 25th anniversary, there is much to reflect on. Those who helped in the early years of compiling the Quantum Stock Market Yearbook; then the creation of the website; and then the launch of India's first paid portfolio tracker and research services; and our growth since then...

Not every view or suggestion we have made is correct - but every recommendation and view is based on an independent and unbiased analysis of the investment opportunity. This earns us the reputation of being "the investor's best friend".

But times change. We now live in a world of high-speed trading, of flash-crashes, and software systems that can - undetected by regulators - potentially front-run automated order systems and skim a few paise of every transaction, leaving no trail to track but creating a pile of wealth for the unscrupulous. In such a gilded age of the unicorn and warp-speed trading engines, are we the dinosaur?

Are our views less relevant today because investors can transact on the internet in real time at less than 1% of what their transaction cost may have been in 1996?

Distribution channels and costs may change, but I know the content created by the team at Equitymaster stands on the principles on which we laid the foundations of Equitymaster. Our focus is first and foremost to be your guide.

My thanks to the faithful followers of Equitymaster. Your dedicated commitment to Equitymaster inspires Rahul Goel and his team to sharpen their pencils every day (or dust their laptops, as the case may be!). The team of senior editors led by Rahul, Tanushree, Richa and Vijay - and their colleagues - delight in the responsibility of guiding you to your destination of sensible returns.

Looking forward to the 50th!

With good wishes and prayers for all.

Ajit Dayal

Founder

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10 Responses to "25th year: Unicorn, Dinosaur or Guide?"

Rahul

Apr 26, 2021

25th year is a nice milestone in the journey. Equitymaster has also shone some agility recently in adapting with the changing investment pattern in Indian Stock market. Changing Investment environment, EPF and PPF entering the ETF, interest rate concern on quality fixed income, purchasing power depreciation, and internet enable investment option to the hands of relatively young folks with a willingness to take risks - are changing the investment dynamics, diversifications and timeframe for focus. Being a reserve member for over a decade, I'd like to suggest two things - 1. I believe it's now the time to think about a service for building a Retirement portfolio for a "common man" gradually with quality assets ( Stocks[Domestic, international ETF/index funds]/Bonds/Gold/Crypto[?], etc.) and 2. Recategorizing stocks pools from different offerings under a consolidated umbrella based on current theme with a holistic rating on buy, accumulate, hold, reduce, or sell from wealth preservation perspective which might differ from the views associated with their individual focused offerings.

Congratulations for achieving the current landmark and best wishes for a successful journey in building a trusting organization for generations.

Cheers,
Rahul.

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Mukund

Apr 25, 2021

Namaskar
Congrats to the entire members of Equity Master team.
I have been a member since 2008. Really satisfied with your services.
Once again I say you all are doing great ?? job .For all Indian Equity Master subscriber in the world ??
??

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Rajesh Adhikari

Apr 25, 2021

Immense respect for Mr. Ajit Dayal , Rahul and the company.

Kind Regards

Rajesh Adhikari

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INDRAJIT RAY

Apr 23, 2021

Way back in 1998 or 1999, myself and one of my colleague (who is also a friend from college days) went to a small office in Vidyavihar for portoflio guidance of mutual funds that profiles different life goals. We both were nervous because this was an unknown path we have never treaded, neither our forefathers. But one thing I noticed (and we discussed later also) is the unassuming and concerned friendly behaviour of the personnel. We started our investment journey. Then I came to know abour equitymaster and also came to know that it is same as personalfn. Then I came across writings of Shri Ajit Dayal and Ms Tanushree Banerjee (in those days) - they are so down trodden and not bombastic at all. And more specifically, even a novice like me used to understand what they want to say!!! I liked their way of thinking. Slowly, I started with StockSelect,then to Hidden Treasure (that is much later) - and gradually to a reserve member. I am still a fumbler, but with the equitymaster team I am, atleast, rest assured that I am in good hands.
Thank you Ajit Dayalji for creating such a wonderful concept forservice of common citizens.

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HARSHAD PANDYA

Apr 23, 2021

ABHINANDAN MR.AJIT DAYAL ON 25TH SILVER JYUBILI OF EQUITYMASTER.COM.

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Ramesh K

Apr 23, 2021

Namaskaram
Congratulations to the entire members at Equity master to achieved the 25 years successful & welthy journey each & everyone.
The same way will put more efforts to reach the next step.
Txs

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Mandyam Rangaraj

Apr 22, 2021

Congratulations Mr AJIT DAYAL. The people at Equity Master are doing a great job under your guidance

Like (1)

Athmanathan

Apr 22, 2021

Indeed as you rightly said your good intentions behind every recommendatio has stood the test of time. In an age of unscrupulous stock advisers you have alone shined bright refusing to toe their line by sticking to honesty and integrity. May your tribe increase!

Like (1)

Abha T Gandhi

Apr 22, 2021

I would never have had the nerve to try to navigate the world of stocks on my own. But when I discovered some write-ups by Equimaster contributors around seven years ago, I began to feel that not everyone is out just to make a fast buck. That there is a new India evolving where professionalism is taken seriously. Even though I am still a bit hazy about detailed business analyses, the EqM recommendations provide me enough understanding to be able to make decisions and make some money. Sending a big thank you and many congratulations!
May God bless you all.
Warm regards,
Abha T Gandhi

Like (1)

Rahul

Apr 22, 2021

25 years is indeed a landmark year! Congratulations to the entire team at Equitymaster.com for staying true towards their objective of providing unbiased reports directly to investors. I have been a lifetime member since 2003 and have been really satisfied with your services ever since. The way Rahul Goel and the team have been taking feedback from customers like us and implementing some of them wherever possible is truly commendable. All the best for the next 25!

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