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Masterclass with Super-Investors
Masterclass with Super Investors is a curated compilation of in-depth interviews with some of India’s most accomplished stock market investors. Each of these investors has at least a few decades of experience investing in the Indian stock markets, and have successfully navigated the highs and lows of the market. They bring together different investment styles, thus giving us a variety of perspectives and tools to use in the market.
The areas covered in the book are:
– their background and how they started in the stock markets
– evolution of the investment framework
– case studies of their past investment successes
– case studies of their mistakes (both omission and commission)
– the process of idea generation and portfolio construction
– views of investing in cyclicals, taking leverage, going short, timing the markets at the extremes
– views on macros
– developing the right temperament and habits
– the process of wealth creation with capital milestones
– advise to new investors
The areas covered in the book are:
– their background and how they started in the stock markets
– evolution of the investment framework
– case studies of their past investment successes
– case studies of their mistakes (both omission and commission)
– the process of idea generation and portfolio construction
– views of investing in cyclicals, taking leverage, going short, timing the markets at the extremes
– views on macros
– developing the right temperament and habits
– the process of wealth creation with capital milestones
– advise to new investors
452 pages, Hardcover
Published December 10, 2018
92 people are currently reading
1311 people want to read
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Displaying 1 - 30 of 30 reviews
September 15, 2019
Must read for every Investor, Irrespective whether you're a Novice, Veteran or Whale in the stock markets. Gems of Advice from the Super investors which will surely help you in your investment journey.
February 2, 2019
It's a great book for anyone interested in indian equity markets.
Authors have focused on the standard set of questions. It's like every individual is having same bat, same ball , same environmental conditions but playing style is drastically different. Everyone has his own style, temperament , experience upbringing. All these things probably contribute in development of investment philosophy.
Investors have used leveraged positions , played with culyclicals and commodities, they have shorted the market, many of them have traded, have used options and futures, jumped in and out with cash, have been wrong several number of times. On personal level these things gave me some comfort as I was struggling with few thoughts about the ground rules of investments..
This book introduces investor to various different styles. Most of masters have provided lot of material and case studies to build thoughts about their styles.
Authors have focused on the standard set of questions. It's like every individual is having same bat, same ball , same environmental conditions but playing style is drastically different. Everyone has his own style, temperament , experience upbringing. All these things probably contribute in development of investment philosophy.
Investors have used leveraged positions , played with culyclicals and commodities, they have shorted the market, many of them have traded, have used options and futures, jumped in and out with cash, have been wrong several number of times. On personal level these things gave me some comfort as I was struggling with few thoughts about the ground rules of investments..
This book introduces investor to various different styles. Most of masters have provided lot of material and case studies to build thoughts about their styles.
April 14, 2021
A must read for every single investor in the market. This books deep dives into the minds of India's finest and helps one gain market wisdom that we would otherwise take many decades to build through experience.
Key questions to be answered after a read:
1) What is my temparement as an investor?
2) Do I want outsized gains of just 10% returns
3) How do I visualise market cycles and my behaviour?
4) What is my overall investing style and what is the framework I follow
5) How to be a learning machine
Key questions to be answered after a read:
1) What is my temparement as an investor?
2) Do I want outsized gains of just 10% returns
3) How do I visualise market cycles and my behaviour?
4) What is my overall investing style and what is the framework I follow
5) How to be a learning machine
April 1, 2022
Deep dive into the journey of eleven big investors of India.So much to learn from their mistakes and success.
One common trait in most of them : Voracious Readers !!
One common trait in most of them : Voracious Readers !!
October 20, 2021
This book consists of 11 not so known but very successful Indian investors who created massive wealth in Indian stock market despite begining with not so huge capital.
Every investors have cultivated their own framework of screening the stock.
The interviews have been very insightful, getting to know their multibagger stock, their screening criteria for picking stocks, risk/reward ratio and interesting perspective about their thoughts towards market in general.
3 chapter that stand out - Hiren ved, Kenneth andrade and anil goel.
"The problem arises when an investor says that I want to invest everywhere.If you go for a dinner and try to eat everything, you will not enjoy anything
Indian investors must read- will definitely broaden your thought process.
Every investors have cultivated their own framework of screening the stock.
The interviews have been very insightful, getting to know their multibagger stock, their screening criteria for picking stocks, risk/reward ratio and interesting perspective about their thoughts towards market in general.
3 chapter that stand out - Hiren ved, Kenneth andrade and anil goel.
"The problem arises when an investor says that I want to invest everywhere.If you go for a dinner and try to eat everything, you will not enjoy anything
Indian investors must read- will definitely broaden your thought process.
January 21, 2019
I really like the format of the book, it is an easy "immersive" read and once in a while you almost feel like you are sitting next to the interviewee and talking to him (him, yes, no female investor unfortunately).
The book interviews 11 investors and agreeably, almost all of them are quite different in their investing style and idea generation. I think the discussion with Mr. Rajashekhar Iyer was the best since he was quite specific about how he goes about investing, what are the key things to look out for and so on - it was a much more useful discussion as compared to several others who talked more about their behavioral patterns (i doubled down, was worried but backed myself / my confidence etc). I agree that attitude is important - as almost every interviewee displayed these characteristics in their journey, but for a reader, it gets way too repetitive and got me a feeling of lacking substance by the time i was in the 4/5 chapter.
My 0.2c to the author for their 2nd edition would be to cut short the journey and focus more on the aspects on the technical aspects in their edits / new interviewees.
The discussion with Mr. Kenneth Andrade and Mr. Ramesh Damani was as enjoyable for similar reasons.
Overall, A GREAT BOOK, I have already recommended it to 3-4 of my friends, while my comments talk about the minor flaws, it is more because i want the authors to read it and understand where I am coming from.
Cheers!
The book interviews 11 investors and agreeably, almost all of them are quite different in their investing style and idea generation. I think the discussion with Mr. Rajashekhar Iyer was the best since he was quite specific about how he goes about investing, what are the key things to look out for and so on - it was a much more useful discussion as compared to several others who talked more about their behavioral patterns (i doubled down, was worried but backed myself / my confidence etc). I agree that attitude is important - as almost every interviewee displayed these characteristics in their journey, but for a reader, it gets way too repetitive and got me a feeling of lacking substance by the time i was in the 4/5 chapter.
My 0.2c to the author for their 2nd edition would be to cut short the journey and focus more on the aspects on the technical aspects in their edits / new interviewees.
The discussion with Mr. Kenneth Andrade and Mr. Ramesh Damani was as enjoyable for similar reasons.
Overall, A GREAT BOOK, I have already recommended it to 3-4 of my friends, while my comments talk about the minor flaws, it is more because i want the authors to read it and understand where I am coming from.
Cheers!
March 3, 2023
Truly a masterclass. Has to be one of the best investment related books ever written for Indian readers.
April 14, 2019
An excellent book! The next best thing to having these investors share their experiences with you personally. The authors being investors themselves have asked the right questions that all investors can relate to.
The most basic insight from the book is that there is no single formula to succeed in the markets, each of the profiled investors has
managed to find their own unique ways to excel. The common denominator is passion and sheer hard work needed to get an edge.
The profiled investors also believe that there will be no dearth of opportunities in the coming years , this is good news but investors should not think this to mean that opportunities will appear in the same form as that 20 years ago, with PMS funds launched every day one is not likely to get the next Bajaj Finance at single digit PEs.
The biggest reason for the phenomenal success of the profiled investors is not investing in the right stocks 20 or 30 years ago but simply investing at a time when no one was!
The most basic insight from the book is that there is no single formula to succeed in the markets, each of the profiled investors has
managed to find their own unique ways to excel. The common denominator is passion and sheer hard work needed to get an edge.
The profiled investors also believe that there will be no dearth of opportunities in the coming years , this is good news but investors should not think this to mean that opportunities will appear in the same form as that 20 years ago, with PMS funds launched every day one is not likely to get the next Bajaj Finance at single digit PEs.
The biggest reason for the phenomenal success of the profiled investors is not investing in the right stocks 20 or 30 years ago but simply investing at a time when no one was!
January 17, 2019
So much to learn from the history of the Indian markets;
and finally, there is a book that covers quite a few old investors.
Some of their stories are fantastic and unbelievable; and after 20+ years in the business, they see the merit of a good business over any other factor.
And of course, what has helped is that India has been a success story.
Notes for me:
Everyone has an ability to say no
Everyone chooses different companies in general
There are different styles/ leverage/ time horizons; but the long term seems to be a common style
These are the select few who
1. Didnt lose their nerve in bad times and bad news
2. Stayed away from fads
so, what we have is a survivorship bias - but its easy to see why they survived.
Going to read it again.
and finally, there is a book that covers quite a few old investors.
Some of their stories are fantastic and unbelievable; and after 20+ years in the business, they see the merit of a good business over any other factor.
And of course, what has helped is that India has been a success story.
Notes for me:
Everyone has an ability to say no
Everyone chooses different companies in general
There are different styles/ leverage/ time horizons; but the long term seems to be a common style
These are the select few who
1. Didnt lose their nerve in bad times and bad news
2. Stayed away from fads
so, what we have is a survivorship bias - but its easy to see why they survived.
Going to read it again.
August 3, 2019
There are very few books about Indian stock market investors especially individual investors who have built wealth over bull and bear market cycle. This book is a must read for a beginner and pro who has related to Indian stock markets has there are pearls of wisdom in both success and failures of the investors covered in the book.
March 5, 2020
As the name suggests the book outlines the life journey of very successful stock picker’s in India .
A must read for one who aspires to make large scale wealth in the market.
Lot of learning from the first person account of individual stock market guru’s .
Narration’s of few of the people are really interesting and inspiring.
Great job done .
A must read for one who aspires to make large scale wealth in the market.
Lot of learning from the first person account of individual stock market guru’s .
Narration’s of few of the people are really interesting and inspiring.
Great job done .
August 10, 2024
Just outstanding! The book content consists of sharing of real life experience of long time experts in markets that one does not get by reading 'do it yourself' type of books and watching YouTube videos. I had many of my questions answered in multiple different ways. But make sure, that the basics of stock Investing is understood before reading, or else one might not understand.
February 14, 2019
Just completed Chapter 2 and the discussion with Raamdeo Agrawal and the book is underwhelming. There are no actionable ideas and even the interviewers seem clueless about what makes a good interview.
October 5, 2019
I love how detailed the interviews are. A great work for people interested in getting a peak into the thought process of some of the best money managers in India and investing in the Indian context. Loved reading it.
May 10, 2021
This book will be useful to understand what worked in Indian markets for top investors and the insights from them through compilation of interviews. Must read for someone directly trying their hand in Indian equities.
December 24, 2023
Interviews with super investors is very helpful in understanding their insights gained from multiple years is experience in markets.
Contrasting methodologies yet they all make money. There is more than one way to make money in the market.
Should be re-read to imbibe knowledge properly
Contrasting methodologies yet they all make money. There is more than one way to make money in the market.
Should be re-read to imbibe knowledge properly
January 15, 2019
Good book with some outstanding interviews (Hiren Ved and Rajshekhar Iyer were my fav) and some not very great.
Time for an encore.
Time for an encore.
January 26, 2019
A very easy format explained with case studies . Going thro each investors experience is very enlightening and enriching. Lot of leanings compressed that can be easily remembered .
May 24, 2019
Excellent book to understand the investing process of elite minds who went through lot of cycles.
May 1, 2020
Good read the experiences of the great investors in India,
Currently reading
July 11, 2020very good book
July 13, 2020
One of the best book related to value investing,
Want to read
August 14, 2020Good book
December 31, 2020
Superb book. Some of the interesting investor stories to read were Shyam Sekhar, Kenneth Andrade, Anil Goel, Rajashekar Iyer..
July 21, 2021
Best Indian book on Investing, by a mile!
December 31, 2021
Must read for all serious investors and who are starting their investment journey
January 14, 2024
Fantastic book. Real life experiences of 11 successful Indian investors at great detail.
December 6, 2024
It's a must read book
This entire review has been hidden because of spoilers.
June 24, 2025
good book, but details such as pe ratio pb ratio etc or cashflow to marketcap could have been discussed in more details
June 5, 2019
More about anecdotes than investing..
Displaying 1 - 30 of 30 reviews