Prasenjit Paul, a bestselling author and successful investor, who has multiplied his portfolio by more than a 100 times over the last decade, shares his wisdom on multibagger investing in this book. He recounts his wealth-creation journey and offers an easy-to-implement strategy, which anyone from any background can use to create wealth and achieve financial well-being.This book offers readers a simple yet effective technique to identify the stocks that have the potential of generating stupendous returns. Cutting through the clutter and noise, it answers the three most critical questions related to stock-market when to invest (enter the market), how long to remain invested and, finally, when to exit. Dispelling the myth that multibagger stocks are devoid of strong fundamentals, the book explains why only stocks with strong fundamentals can become multibaggers. It also forewarns readers to stay away from the stocks of dubious companies that seem like multibaggers and may lead to wealth destruction, and helps them identify good companies with solid fundamentals.
I read both the books published by the author... Lot of insights in the Indian context... Any serious investor should hold these two books in their library...
Prasenjit's easy and flowing way of explaining a complex subject like stock market investing makes for a compelling read. It's a must in the bookshelves of anyone wanting to succeed in investing in the Indian markets and in general. The principles and fundamentals discussed are on point for your financial education, one of the most important education everyone should get and which our academia will never teach. I can confidently say all this because it's not just about praising the book, but applying it in practical terms and reaping lasting benefits; I have been able to do so! This book goes deeper into Multibagger Stocks, how to choose the correct ones for manifold growth in your wealth and is a hit already in top book charts. His first book, "How to avoid loss and earn consistently in the stock market" was as much a success and should be read as well for a comprehensive view on stock investing by the author. These books are the real investments for potential multifold returns. Go for them, you'd thank yourself for it.
Understand stock market is a complex subject, but the author helps us understand this industry without jargons. One can see that immense research and first hand experience of working in market has gone into it. The book gives a holistic view of the walls, the bridges and opportunities that exist in this sector. Hats off to the author for the research work done and penning down his own experience in the field be it failure or success. His writing style is smooth and flowing which makes it an engaging read. He has not bored the readers as he blended it with fiction. The book gives a comprehensive perspective on the walls of the market and potential open doors that exist in this area and I'm certain it would be of worth to strategy creators, the board understudies and business heads.The author has made it very easy to understand the stock market, and more importantly, does not promise a “get-richer-sooner”.
I am so happy that I made 50k profit by investing in two shares mentioned in the chapter 6 of the book! I Can now analyze companies with the points mentioned in the book and review my own researched shares. Here are pros and cons:-
🍀Practical points on what makes a stock multibagger. 🍀Every theory accompanied with indian examples makes it easier to relate. 🍀Clear instructions on what kind of shares to avoid. 🍀Portfolio building guidance with when to entry and exit. 🍀easy language.
Cons:-
🍀Nothing for traders,Only for investors. 🍀Page quality can be better. 🍀No bookmark provided. 🍀More sturdy hardcover version should be there as I need to re-read the book periodically.
Overall, The content scores 10 out of 10. A worthy addition in the library of any serious investor.
The simplest ever and very easy to understand book on Multibaggers in the stock market. ''Failure teaches more than success could ever.'' Author prasenjit paul illustrates his journey of success and failures with Multibaggers, by giving examples of stocks of his own portfolio. The author has an awesome writing sense which has made the book informative and concept centric. The book is a big YES for anyone who's willing to learn and/or invest in the stock Market by targetting the Multibagger stocks. It's a must read for investment enthusiasts.
*Key takeaways*
- Long Multibaggers success list of the author like Chemcrux, Lancer, Sirca Paints, Caplin, Can Fin Homes, Gujarat Themis - The Author shares his failure list too & warns what to avoid - Important points to remember are mentioned clearly - One downside, that the book is not meant for traders.
This is the best book for helping the investors like me to identify Multi Bagger stocks . The language is very simple to read and easy to understand. Prasenjit Paul has clearly explained the factors that can trigger Multi Baggers. He has also shared many case studies using his portfolio. He detailed about how he had identified his multibaggers like chem crux, Lancer,Sirca,Atul Auto etc., with some checklist. He explained many things like when to Buy, Hold and Sell, how to do asset allocation, how to identify potential opportunities. I'm sure that his readymade formula will help many investors to find their multibaggers. I enjoyed reading thoroughly. I hope you will too. Highly recommended.
Loved reading his first book How to Avoid Loss and Earn Consistently. So I had an in-built expectation and the book exceeded my expectation. Clear guidance on the parameters that need to follow for multibagger stocks. The best part is that every theory is accompanied by examples from the Indian stock market making it an interesting read. Moreover, the author took extra steps by sharing two of his multibagger picks along with their detailed advantages and disadvantages, which I found to be incredibly beneficial. Must read book.
I loved the first book and the second book did not disappoint. Everything is to the point and explained well with examples. The author goes into details about PE expansion, operating profit margin and revenue to understand how a multibagger stock is created. Truly insightful and gives you a framework to pick your own stocks with proper metrics.
Looking forward to more books from prasenjit paul.
The author has approached to the multibagger journey in simple words as in the last book. Good job by him and I wish him to continue the fruitful journey in which he is excelling.