Akshay Equity endeavours to be your trusted partner for your equity investments. We believe that Investing in Equities is the best way to build long term wealth. If done right, it can lead to significant value creation over time. We are passionate about Equities and we seek to partner with you in your journey to create long term wealth!
Only buy something that you would be perfectly happy to hold if the market shut down for ten years.!”
…. Warren Buffet
Investing is about putting money today with the expectation of receiving more money in the future.
It is about identifying businesses we know and understand. It is about focusing on a few well thought and well researched companies. It is about taking a long term view and not getting swayed by market fluctuations.
A few well identified businesses held over time can create the wealth of a lifetime because time is a friend of the wonderful business and wonderful businesses earn superior returns over time and the magic called compounding comes into play.
To us, simply put, Investing in Equities in essence means partnering with good managements in wonderful businesses and letting them compound value over the long term. This forms the underlying core of our investment philosophy.
Successful Investing is as much about a strong stomach as about good brains. It is not enough to identify good companies, but you need to have the temperament and conviction to sit through market turmoil and turn it to your advantage by buying in times of panic.
The markets have enough things to worry about….wars, political uncertainty, drought, excess rainfall, interest rates, exchange rates, technical patterns and what not..even astrological movement of stars!! Such interesting events occur with surprising regularity and offer interesting buying opportunities…
Equity Investing is as much an Art as Science !
Wealth is created by buying into good businesses that achieve above average returns on equity and compound at reasonable rates over long periods of time and not by booking quick profits and trying to repeat the trick multiple times. Its difficult to be lucky everytime!
We follow a two pronged approach…
Build a core portfolio by buying business that:
We will buy only businesses we understand and meet our criterion. We won’t invest in the latest hot themes just to look cool!
There will be times when the markets will throw up interesting short to medium term opportunities. These will be specific opportunities due to market overreactions to either company specific or macro events. We will look to capitalize on such opportunities in fundamentally strong companies (either to better utilize idle cash or lock in a good short term opportunity).
It is far better to buy a wonderful company at a fair price than a fair company at a wonderful price” …. Warren Buffet
Most investors don’t have the time, inclination and patience to thoroughly research before they invest. They invest based on the information they gather from newschannels/ newspapers or tips/ advice from friends usually in stocks that are ‘expected‘ to do well. Investing is much more than that!
Most Importantly, we help build the discipline to invest regularly. We provide the courage and resilience to sit through difficult times, the confidence to add during volatile times and the conviction for higher equity allocation that can make a meaningful difference!
In the long run, a portfolio of well chosen stocks and/or equity mutual funds will always outperform a portfolio of bonds or a money-market account. In the long run, a portfolio of poorly chosen stocks won’t outperform the money left under the mattress.“
…. Peter Lynch
Long term investing requires: