Any guesses which company? Will the resistance of PE will play again?
More from kumar saurabh
1. Basics of Finance
2. Basics of Valuation
3. Basics of Fraud
Else you are putting your hard earned money on fire. Enough books and free resources available.
Wrote this thread for the same leveraging one of my Youtube videos as friends wanted to know where to
Few friends are asking for list of books to learn investing topics. Have covered from my side a year back in this Youtube videohttps://t.co/bUb2S3eAVm
— kumar saurabh (@suru27) May 12, 2022
Will break down into parts what needs to be read at least as a pure fundamental investor in this thread
#No 1 #Shreedigvijaycement
#AR2021 #Shreedigvijay cement. Started this year annual report reading with Digvijay cement. First time read a cement company AR. Some interesting comments on overall economy. Watch it herehttps://t.co/AQM2snbcHG pic.twitter.com/JL4lx26LlC
— kumar saurabh (@suru27) June 1, 2021
#No 2 #Bajajconsumer
#AR2021 #Bajajconsumer. 2nd company. Highlights - Rs 30 cr cost cutting sustainable ? Who gets Rs 8-9 Cr royalty benefit ? Who owns brand ? Why infra subsidiary with losses, intangible asset complexity ? Industry grown fat 2% in volume n 8% in value at 10 yr cagr pic.twitter.com/W4C0H2h8aV
— kumar saurabh (@suru27) June 7, 2021
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Why is this the most powerful question you can ask when attempting to reach an agreement with another human being or organization?
A thread, co-written by @deanmbrody:
Next level tactic when closing a sale, candidate, or investment:
— Erik Torenberg (@eriktorenberg) February 27, 2018
Ask: \u201cWhat needs to be true for you to be all in?\u201d
You'll usually get an explicit answer that you might not get otherwise. It also holds them accountable once the thing they need becomes true.
2/ First, “X” could be lots of things. Examples: What would need to be true for you to
- “Feel it's in our best interest for me to be CMO"
- “Feel that we’re in a good place as a company”
- “Feel that we’re on the same page”
- “Feel that we both got what we wanted from this deal
3/ Normally, we aren’t that direct. Example from startup/VC land:
Founders leave VC meetings thinking that every VC will invest, but they rarely do.
Worse over, the founders don’t know what they need to do in order to be fundable.
4/ So why should you ask the magic Q?
To get clarity.
You want to know where you stand, and what it takes to get what you want in a way that also gets them what they want.
It also holds them (mentally) accountable once the thing they need becomes true.
5/ Staying in the context of soliciting investors, the question is “what would need to be true for you to want to invest (or partner with us on this journey, etc)?”
Multiple responses to this question are likely to deliver a positive result.