Thursday, February 15, 2018

Capacity to Suffer Framework


Every year we strive to share our thought process on the challenges being faced by us in our journey of value investing. 

This time we build upon the capacity to suffer framework discussed in the post published before

Just to refresh.... 

Capacity to suffer is the management's ability to endure through early burdens on reported profits in short run in order to advance their long term competitive advantage.“Capacity to Suffer” is a key ingredient for long term wealth creation and one must not make the mistake of punishing companies in the short run for choosing pain to develop long term competitive advantage.

The ppt was presented at various forums like IIF and TIA Chennai's 20-20 Ideas Meet. 

A condensed version of this presentation was also presented at October Quest forum by me jointly with my dear investor friend Abhinav Mansinghka

We would again like to draw the reader to have a look at disclaimer attached at the end with respect to the stocks being discussed. The stocks (businesses) being discussed are clearly to be seen in the light of understanding the concept and at no point to be construed as an investment recommendation. We are not SEBI registered Analysts.

Here is a link of the video of the presentation made at TIA Chennai 20-20 Ideas Meet

We look forward to your comments and suggestions on how we can further improve this process...
PFA the PPT below

To download the Presentation- Please visit this link  
The author (Mr. Ashish Kila) would like to thank his entire team at Perfect Research & his investor friend Abhinav Mansinghka for their extensive help in preparation of the above note.

  • We are not SEBI registered Investment Advisors
  • Nothing in this article is, or should be construed as, investment advice. The stocks mentioned in the post are for educational purpose only and are not recommendations, the purpose of this post is to highlight a framework which an investor can apply to any company.
  • This is not an offer (or solicitation of an offer) to buy/sell the securities/instruments mentioned.
  • All the posts on this blog, including this one, are for educational and discussion purposes only.
  • Please do not take buy/sell or any investment decision based on articles you read on the blog. These are only meant to provide information and initiate discussion. Final decision is and always should be, yours and only yours.
  • We may or may not have a position in the stocks discussed on this blog

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