SmallCap Investing for Long Term 🧵

(SmallCap ➡️ MidCap ➡️ LargeCap)

Criteria to check for investing in SmallCap business for Long Term 👇

1. Management (CG & Capability)
2. Market Leader
3. Capital Allocation
4. Size of Opportunity

Investing in SmallCaps can lead to huge wealth creation but not all SmallCap businesses are worth holding for 5-10 years.

Following were SmallCap few years ago but now are LargeCap because they fulfilled above criteria :
1. HDFC
2. Infosys
3. PI Industries
4. Pidilite
5. Titan
1. Management

:Management plays the most important role while investing in SmallCap. They should be willing to create wealth for themselves as well as the shareholders.

World full of disruptions, management should be able to disrupt the industry instead of getting disrupted.
2. Market Leader

:It is very important to stick with Market Leader, during an economic downturn Market Leader would emerge victorious and take share from laggards.

There are many SmallCaps which are market leader in their industry, Catch them young!
Market Leader (Contd..)

Example
I. Infosys was market leader in 1990s when it was a SmallCap
II. Pidilite was market leader even when it was a SmallCap
III. HDFC Bank was one of the leading private banks even when it was a SmallCap
3. Capital Allocation

:This according to me is most crucial, when company starts generating incremental cashflows it's very important that management stays focused and invests in opportunities with better return on capital which is inline with companies long term vision.
4. Size of Opportunity

"Go for Whale in ocean instead of Crocodile in Pond"
Company should have a huge size of opportunity ahead of it.
Invest in SmallCaps which has room to grow at double digit rate for next 4-5 years at least.
Even though we might be owing a SmallCap business checking all this filters, there will be deep corrections in 5-10 year holding period and thats when our conviction comes to play 🎯

We need to ride the whole journey and Buy when there are substantial Dips

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कुंडली में 12 भाव होते हैं। कैसे ज्योतिष द्वारा रोग के आंकलन करते समय कुंडली के विभिन्न भावों से गणना करते हैं आज इस पर चर्चा करेंगे।
कुण्डली को कालपुरुष की संज्ञा देकर इसमें शरीर के अंगों को स्थापित कर उनसे रोग, रोगेश, रोग को बढ़ाने घटाने वाले ग्रह


रोग की स्थिति में उत्प्रेरक का कार्य करने वाले ग्रह, आयुर्वेदिक/ऐलोपैथी/होमियोपैथी में से कौन कारगर होगा इसका आँकलन, रक्त विकार, रक्त और आपरेशन की स्थिति, कौन सा आंतरिक या बाहरी अंग प्रभावित होगा इत्यादि गणना करने में कुंडली का प्रयोग किया जाता है।


मेडिकल ज्योतिष में आज के समय में Dr. K. S. Charak का नाम निर्विवाद रूप से प्रथम स्थान रखता है। उनकी लिखी कई पुस्तकें आज इस क्षेत्र में नए ज्योतिषों का मार्गदर्शन कर रही हैं।
प्रथम भाव -
इस भाव से हम व्यक्ति की रोगप्रतिरोधक क्षमता, सिर, मष्तिस्क का विचार करते हैं।


द्वितीय भाव-
दाहिना नेत्र, मुख, वाणी, नाक, गर्दन व गले के ऊपरी भाग का विचार होता है।
तृतीय भाव-
अस्थि, गला,कान, हाथ, कंधे व छाती के आंतरिक अंगों का शुरुआती भाग इत्यादि।

चतुर्थ भाव- छाती व इसके आंतरिक अंग, जातक की मानसिक स्थिति/प्रकृति, स्तन आदि की गणना की जाती है


पंचम भाव-
जातक की बुद्धि व उसकी तीव्रता,पीठ, पसलियां,पेट, हृदय की स्थिति आंकलन में प्रयोग होता है।

षष्ठ भाव-
रोग भाव कहा जाता है। कुंडली मे इसके तत्कालिक भाव स्वामी, कालपुरुष कुंडली के स्वामी, दृष्टि संबंध, रोगेश की स्थिति, रोगेश के नक्षत्र औऱ रोगेश व भाव की डिग्री इत्यादि।

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Trump is gonna let the Mueller investigation end all on it's own. It's obvious. All the hysteria of the past 2 weeks about his supposed impending firing of Mueller was a distraction. He was never going to fire Mueller and he's not going to


Mueller's officially end his investigation all on his own and he's gonna say he found no evidence of Trump campaign/Russian collusion during the 2016 election.

Democrats & DNC Media are going to LITERALLY have nothing coherent to say in response to that.

Mueller's team was 100% partisan.

That's why it's brilliant. NOBODY will be able to claim this team of partisan Democrats didn't go the EXTRA 20 MILES looking for ANY evidence they could find of Trump campaign/Russian collusion during the 2016 election

They looked high.

They looked low.

They looked underneath every rock, behind every tree, into every bush.

And they found...NOTHING.

Those saying Mueller will file obstruction charges against Trump: laughable.

What documents did Trump tell the Mueller team it couldn't have? What witnesses were withheld and never interviewed?

THERE WEREN'T ANY.

Mueller got full 100% cooperation as the record will show.