Raamdeo Agrawal, Ramesh Damani and Sunil Mahtani on the power of compounding and their biggest 'investment misses'
At the launch of the MOSL Wealth Creation Study, market veterans Ramesh Damani, Sunil Mahatani, and Raamdeo Agrawal discussed missed investment opportunities and lessons learned about conviction, patience, and compounding. Damani missed Bajaj Finance and sold Apollo Hospitals prematurely. Mahatani missed gains in Apple and HDFC. Agrawal shared experiences with HDFC Bank and Bharti Airtel, emphasizing the importance of staying invested. Agrawal highlighted that only 7% of the top 500 companies in 2008 became compounders, with an average price CAGR of 23% over 2008–2025.
Money Control·