Where to Invest now? | Indian Stocks to Study | Healthcare Portfolio Breakdown | Ft. Aditya Khemka скачать в хорошем качестве

Where to Invest now? | Indian Stocks to Study | Healthcare Portfolio Breakdown | Ft. Aditya Khemka

About Guest: Aditya Khemka is an expert healthcare fund manager and value investor with deep experience in global markets. Having worked with Glenmark, Lehman Brothers, Nomura, and DSP Mutual Funds, he currently leverages his strong financial acumen to identify anti-fragile businesses and long-term value in the Indian equity markets. This episode dives into Aditya Khemka’s investment philosophy, prioritizing value and anti-fragility. It covers macroeconomics, de-globalization, and why he favors non-discretionary sectors like healthcare. Khemka shares deep-dives into PSU banks, diagnostic labs, capital allocation mistakes, and frameworks for finding undervalued assets with favorable risk-reward ratios. Timestamps: 00:00:00 - Introduction 00:04:26 - Global economy, money printing, and deflation vs. inflation 00:08:50 - De-globalization and its impact on production efficiency 00:11:29 - Investing in discretionary vs. non-discretionary consumption 00:16:06 - Traits of a utopian business and finding the right valuation 00:19:07 - Structural changes in Quasi-PSUs and PSU Banks 00:24:31 - Asset quality cycles in NBFCs and MFIs 00:32:08 - Evaluating company DNA and anti-fragility during rough patches 00:38:34 - Deep dive into HCG and the impact of COVID 00:55:22 - Risk vs. reward: The Thyrocare investment call 01:06:48 - Business models and unit economics of diagnostic labs 01:11:49 - Krishna Diagnostics and government healthcare tenders 01:23:55 - The importance of management reputation and capital allocation 01:32:32 - Branded businesses vs. unbranded commodity businesses 01:46:04 - Diagnostics at ports and CDMO tailwinds 02:02:53 - A major investment mistake and lessons learned 02:20:52 - Predicting earnings trajectories and P/E rerating 02:29:28 - Undiscovered young investors to watch 02:41:39 - Industry experts in NBFCs and Cement 02:46:25 - Power consumption metrics and economic growth