The PORINJU VELIYATH Story | From Telephone Operator to King of Small & Micro Cap Investing | PMS
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- Опубліковано 2 чер 2024
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Porinju Veliyath is recognized as a successful investor and fund manager, gaining popularity for his contrarian and value-oriented investment style. Porinju made his mark by focusing on small and mid-cap stocks, a segment often overlooked by mainstream investors as it requires investing in lesser-known companies and advocating for a hands-on, bottom-up approach to investing. He's known to conduct extensive research, diving deep into financial statements and market trends to unearth hidden gems in the stock market. In this video, we look at Porinju's early struggles, his investing style, his successes, mistakes and importantly what we can learn from him.
👉 Video Chapters:
00:00 Early Struggles
01:45 Porinju's 4 Pillars of Success
05:23 Porinju Veliyath Stock Portfolio
11:08 Porinju's PMS Performance
13:49 Learnings from Porinjy Veliyath
#porinju #porinjuveliyath #pms
Disclaimer: I am not a SEBI registered investment advisor or research analyst. I am not registered with PFRDA or IRDA either. The content posted on this platform is purely for educational purposes and none of it constitutes investing or trading advice. Viewers should do their own research and diligence before investing or acting on the information presented. Some of the links I have posted in the video, the description, the comments and other related resources might be affiliate links
Shankar sir should start a PMS🔥
As evidenced from some of the comments in this video itself, I realize being a PMS manager is a thankless job. Ergo, I haven't given any though to it yet but thank you very much for the vote of confidence
Saw him in kochi last week during my morning run. So nice person.
He was injured during 1993 bomb blast at bse 😢
Sir, you do tremendous work....
So nice of you. Glad you like it
Great video, as always 👍
Thank you! Cheers!
ALWAYS GREAT LEARNINGS 😊
Thank you! 🙌
As always, very good content...
Thank you 🙌
Sir waiting for new video❤❤❤
Appreciate your content Shankar ❤
Thank you 🙌
Amazing!
Thanks!
Different style of content, and it's as good as ever!
Thank you very much!
Never knew Mr. Veliyath was a value investor. Thanks for this video. May I suggest that you do interviews with such experts ? The free flowing Q&A would be interesting on this channel
Thanks for the suggestion
Gratitude as always:-)
Most welcome
Lots of investors lost money investing with him
There is a risk in small cap investing.
Yes
He himself admitted this openly
Nobody can bat like Tendulkar... People who can do that are only few.
Shankar, your videos provide very good learning opportunities. Thanks for the effort you have been putting in. I have a suggestion for you pls - could you analyze PMSs and AIFs in the market on their rolling returns, and study which ones have been in the top quartile the most years, and also whether they have slipped to bottom quartile? I remember one of your videos on mutual funds with similar quartile analysis methodology.
Thank you for the appreciation and suggestion. I have been avoiding specific PMS/AIF oriented research as it serves a very small audience. Unfortunately the UA-cam algorithm doesn't support niche topics & assumes that less people are interested in that topic although in truth only a small number of consumers apply per that criteria. That's the reason I created a newsletter so that I can segment audiences better
I can certainly take a shot of this PMS wise performance if the data is available. The MF data was available with moneycontrol and advisorkhoj but I couldn't find similar data for PMS. If you have come across a webpage that gives PMS wise ranks or performance numbers, please email the link across to me at hello@beginnersbuck.com? It would really help me. Thx!
More videos on such investors please ❤
Glad you liked this one
Fantastic
Thanks
You are great sir
Glad you like my work
Sir, i am huge fan of your content, presentation and unbiased views. Could you make a video on PMS in India. Are they really woth considering over MFs.
Thanks for the suggestion
Thanks for this video. Can you please link your newsletter?
Most welcome. It's there in the first two lines of the description
Shankar, please clarify what's self sustainable growth rate..? And how to arrive the prediction of future EPS projection/ TTM profit..?
For SSGR, please watch this video (link): ua-cam.com/video/Bm3w9YmAF2E/v-deo.html
Sir what happened to you no videos??
Great investing lessons learnt from ur channel and implementing them in my stock analysis. Thanks a ton. Can u make a video on Philip Fischer ,like you've done for Benjamin Graham ?.. Bcoz we would love to hear from u
Thanks for the suggestion. I'll try. There is a video on the channel on Peter Lynch's way, hope you like it
@shankarnath sure we do like ur content
@@shankarnathCan you help us to show how using Google sheet reconstruct the index special nifty Momentum 30 index from nifty smallcap 250 or NV20 index from index midcap 150.
Hi sir, I am new to your channel and a beginner. If you did a continuous series of videos separately apart from your regular video plans related to a step-by-step guide to investing in stocks like "What should we do before investing?" and "How to make our first investment?" etc. It would be really helpful.
Hello and welcome! This channel is more suited for beginner-plus audiences i.e. people who have already dipped their toes in MFs or stocks and are keen on learning newer stuff. I haven't delved into topics like very basic stuff on this channel as there are many others who cover these topics
@@shankarnath Thanks for your reply, But sir the way you teach is very understandable so if you did those kinds of videos It would be easy to understand and follow up. If you have time for that please do it. ❤
@shankarnath Can you help us to show how using Google sheet reconstruct the index special nifty Momentum 30 index from nifty smallcap 250 or NV20 index from index midcap 150.
Hello Vaibhav. Sorry, I didn't understand the question, can you please rephrase it or detail it out pls?
@sankarnath: could you please recommend (book, video anything) an investment strategy to invest huge corpus lying in saving account or FD?
People use different modes like buying a house, a fixed deposit etc. Please read up more about the SWP strategy wherein the lumpsum money can go into a debt/arbitrage fund and ease it's way into the equity market
Hi Shankar , I am a very regular of your channel. Happy new year 2024. Hope you are fine. Have not seen your videos for long.
Happy new year to you too.
King of bangar cap
Shankar Sir, the two mutual funds for lifetime - combination of Value Index fund and Momentum Index fund... I want to start this strategy. I have already invested in a Value Index fund in the last week of October 2023 when the market took some corrections. And today I am on the profit of more than 20%. Though the invested amount was less but I am thankful to you. Sir query is that when to invest in a momentum index fund. So that I can do balance as per your strategy. Waiting for your reply 😊
Hello Priti, as you know, I'm not into advice so I can't answer this question.
In true earnest, I've presented a hypothesis in that video with back-tested data. If it sounds solid, you'll have to map put the data in the 3 month cycles which I did there and see if there is the right switch moment.
@@shankarnath Thank you so much for your response sir
Sirji u r the best .sirji wat r ur views on ITC , S IT STILL A VALUE BUY
Apologies, I haven't evaluated ITC recently to make a fair assessment
I had worked with him in ppfas ltd of mr Parag Parikh for 5 years from 1999 to 2000. He was a trader mostly then
1995 to 2000
Dear Sankar Sir,
I hope you are doing well.
Thanks a lot for share your expirence and knowledge with us. Can you take a question / make a video, based on your availability, please?
*QUESTION :*
*What a retail investor (salary class) need to do when the whole market crash by 30-50 % like 2008, 2020 etc.* In future 7-10 years down the line. where he /She has invested all the money via direct stocks. Can you explain with a given example, please (if feasible) ?
You can consider the following *Sample Situation & Portfolio Allocation* for your reference:
Total equity portfolio : 1 crore (sample figure for this example)
Large cap : 60% ( direct stocks)
Mid cap : 20 % (direct stocks)
Small cap : 20 % (only via mutual fund)
1 stock max allocation : 5 %
Invest in 6-7 sector (bank, it, amc, insurance, chemical, consumer durables, paints, nbfc)
Not invest in psu, government regulated sectors or large capex business or high debt companies >= 0.2
*Options*
*Option 1:* do nothing and market will recover.
*Option 2 :* invest only on finance sector like hdfc, icici and Kotak bank as they will recover fast
*Option 3 :* downward average in all the stocks which your hold in your portfolio.
*Option 4 :* take personal loan @10-12 % rate, 20-30% of total invested portfolio and downward average.
*Option 5:* start building opportunity fund for such scenario and park in high interest fd in small finance bank. 20-30% of portfolio.
*Note :*
Current investment capacity : 4 lakh / month ( at such situation, investment capacity 2 lakh if in case one family member lose the job)
Emergency fund (of 2 years), term plan, health insurance are in place with no debt.
Not required money for next 10-20 years & he/ she know, market will come back, as he/ she had invested in sector leaders companies only.
Hello Ankit, thanks for the question. Let me give it a thought
@@shankarnath thanks a lot Sankar for your response, will wait for a video in the coming week. So that i can plan for the upcoming crash in future. Have a great day.
*Market
Bro i applied for RBZ JEWELLERS, HAPPY FORGING, MUFTI but didn't get. But i didn't receive my blocked amount yet. What should I do .
What do you mean by "receiving blocked amount"? If the amount was blocked and didn't leave your bank account, there should be no question of receiving anything. Pls clarify
I have received now
@@sriramlokesh7181 👍
Please start in hindi
I'll try. Thanks for the suggestion
Nice
Very good story, you have not covered Religare story, he was working there n later purchased shares of that in large quantity, its where all this started I think.
I am not aware of it. Can you explain it here for everyone benefit of all? Appreciate if related links can be attached
Great video! Just thought you might want to make it clear that many of the small and micro-cap stocks mentioned, which are personally owned by Porinju, differ from those held in the PMS.
He had mentioned this in a recent interview with one of the business channels. Can't seem to remember which one though.
Thanks for the suggestion
what happend to your videos
He is making money not investors, possibly he may be having deals with promoters.
Hi Shankar,
I dont know why are u glorifying Porinju. From the outside his investing style is quite shiny and can make anyone fall for his PMS incl. me. The other part that u dont know about him is like Leel, he has a lot more misses which no one talks about. Eg. in my portfolio he bought GVK Infra 65k shares worth Rs. 18.5 and sold them at less than Rs. 3. There are many stories that I have seen first hand on his misses, sadly you didnt research them.
In a nutshell, I entered his PMS in 2016 and exited March '22. My stats below
Total average returns from my PMS: 10.86%
Nifty during that period: 16.54%
Sensex during that period: 17.14%
The above numbers are from his PMS sheet
If I calculate the short & long term tax that I have paid basis his selloffs, my average return falls to some 8.5%
From 2016 to 2022 is a long period. I made a mistake!!
Writing this so that others dont make that mistake.
Thanks for sharing your experience & my apologies if this video has opened up old wounds. I face similar emotions when creating my content but find solace on never repeating the same mistake & to treat the event as a minor bump on an otherwise long journey.
@@jimphilip6031 timeframe?
@@shankarnath Can you help us to show how using Google sheet reconstruct the index special nifty Momentum 30 index from nifty smallcap 250 or NV20 index from index midcap 150.
Proper Sanghi
Even Largecap funds wouldve given more returns in the past 5 years than his PMS......Porinju is totally an Useless PMS guy...Stay away!!!
Not everyone should be followed by everyone.
He looks to me more like an operator who can manipulate the prices with cash in hands.
If he is lucky he will make money because he want to make large money
Do you not feel that such czars operate with inside information? It’s useless to spend time on such glorification for small time retail investors. No actionable learnings
Thanks for sharing your opinion
I don't think that's the case. Most of the information one needs to make a probabilistic assessment is all available in the public domain.
Infact, Warren Buffett wrote something relatable in his classical work - The Superinvestors of Graham and Doddsville on how a group of investors continued to perform well over the market year after year using what they had learnt from Graham. So somewhere knowledge does play it's part - and in my view, that's the edge that the top investors have
@suhasjamdar7024, i agree with you... First time i couldn't get any takeaways from shankar sir's video... May be, the fact that porinju doesn't believe in good companies, as told by him, is a takeaway in itself.
Porinju is trash investor.... He got lucky.. Ask his PMS investors who lost 70% MTM in 2018/ 2019
Not a fan of Mr Porinju......he could be a stalwart but I equate him to Jesse Livermore......the same man who lost everything. The common theme is zero respect for Risk. If you don't respect risk it will eventually make you eat dust......just a question of time
Hello sir are u running any WhatsApp channel /group
No. Not at all. If you find someone doing it in my name, please report it to SEBI and to me.