Manish Turakhia

My Profile

1. Theme: I am an equity specialist and fund manager. I am not a stock market operator. I am pure and honest in my function.

2. Business Practice: Any equation in life is mutual. Everything we do has to be mutually beneficial. There is on free lunch. If I am benefiting from you, you must benefit from me and vice versa.

3. Professional Qualification: I am in stock market since 1984, the first year of my college when I was 18 year old. I used to apply in new public issue and sell on listing.

From 1990-1995 I was into active clientele brokerage – delivery lasted 80% and speculation 20%.

From 1996 I have successfully shifted my focus to equity management and advisory. My client base is across India.

I have done B.Com (1986), Investors’ Course- Bombay Stock Exchange (1994), Fund Manager's Course-Unit Trust of India Institute (1995). I have also gone through several other crash courses and seminars.

4. Routine: I have and I am reading, analysing and interpreting exhaustively. I have been and I am attending company annual general meetings, analyst meets & presentations. I am always meeting and interacting with corporate and stock market fraternities. I am virtually connected to Internet through out the day to sense pulse of the stock market and economy.

5. Team Work: Over the years I realised importance of group efforts. Sensing early in my career I formed a group of like minded equity analysts and fund managers that truly made me what I am today. Collectively my group can boast of commenting on any equity share of India. I generously share my achievement with my equity coterie.

6. Investment Philosophy: In real life every substance has gestation period like childbirth and monsoon (heat-evaporation-steam-cloud-lightening-rains). Years back I focused on long term equity investment after seeing success of Mr. Warren Buffet but now I see it as a natural way to grow rich. Also investment made by company breeds results only after a time leg. So one has to understand the company plans very articulately and accurately predict its outcome. Than bet on it.

7. Loyalty: Among client, company and stock market, my loyalty is in descending order. Between client and company, I will be more loyal to client but between company and stock market I will be must loyal to company and its management.

8. Wish: I wish to be recognised as scion of India’s best equity investors.

My Foundation

"Equity Investment & Wealth Creation through Valuation"  -- Manish P. Turakhia           

Equity: Risk capital in Joint Stock Company.

Investment: Deploy money into shares with expectation of achieving a profit.

Wealth: Realisable asset value, an abundance of valuable possession.

Creation: Process of originating and bring into existence. Creating means something that has been made or invented, especially something showing artistic talent. Invest with a title of nobility.

Through: Expressing the extent of changing orientation.

Valuation: An estimation of something's worth especially one carried out by a professional valuer; estimating the monetary worth.

 

Copyright ©2002 Veer Capital Management Pvt. Ltd.
All rights reserved.