Sadhan Investing

DreamFolks: A Case Study in Business Model Risk and Shareholding Cycle Today, DreamFolks announced the abrupt discontinuation of its domestic airport lounge services, a segment that contributed nearly 80% of its total revenue. This marks a seismic shift for shareholders and the Indian travel services industry. Here’s how the story unfolded: DreamFolks IPO (Aug 2022): Priced at ₹326, oversubscribed 56.68x All-time high (Aug 2023): ₹846.75 Today: ₹138 (↓58% from IPO, ↓84% from ATH) FIIs: From 12% at IPO to less than 1% now DIIs: From 7% at listing to 3% now Retail: From 14.15% (67,719 holders) to 30.53% (1,17,433 holders) What happened? Banks and airports bypassed aggregators, moving to direct access models—stripping DreamFolks of its operating moat almost overnight. Key lesson: Even the most “story-driven” IPOs can unwind rapidly as industry trends shift and institutions exit. As we warned months ago (see: https://x.com/amitabhvatsya/status/1761790926337225111), it’s vital to stay vigilant

📢 Exclusive AMA Highlights In our recent AMA with mentees, we explored some powerful trends shaping the future of healthcare: ✅ Weight-loss drugs & their market impact ✅ GST 2.0 – what it means for the sector ✅ Entero Healthcare’s unique business model ✅ Latest updates on Bluejet If you’re a channel member, you can watch the full session here https://youtu.be/0kNDLL40uH8 Disclaimer: We are not SEBI registered Research Analyst / Advisor so please conduct your own due diligence !!

Markets are wild, driven by emotions & news. Behavioral finance shows why we panic-sell or chase the hype — and helps you beat these biases like FOMO and loss aversion. Learn to stay calm, think smart, and turn market chaos into opportunity! 📚 Free Master Class on How to tame investing behaviour 👉 https://learn.amitabhvatsya.com/learn/Behaviour-Psychology

https://youtu.be/A2WLi1KtP9M An interesting business transformation taking place in this business.A  Must watch Video

Dear Investors ! 🚀 Unlock the Power of Behavioral Finance in Turbulent Markets! 🚀 Markets are wild, driven by emotions & news. Behavioral finance shows why we panic-sell or chase the hype — and helps you beat these biases like FOMO and loss aversion. Learn to stay calm, think smart, and turn market chaos into opportunity! Why wait? Protect your portfolio & spot hidden gems now! 📚 Free Master Class Join here 👉 https://learn.amitabhvatsya.com/learn/Behaviour-Psychology

A deep dive on Data Center Beneficiary https://youtu.be/UaAHngu3Z4w

🚆 Govt approves 4 new railway projects worth ₹12,328 Cr 📏 Adds 565 km of new routes 📦 Boosts freight capacity by 68 MTPA Transforming India’s rail infra, step by step. Source: ET https://economictimes.indiatimes.com/industry/transportation/railways/union-cabinet-approves-4-railway-projects-worth-rs-12328-crore-kutch-gujarat-multi-tracking/articleshow/123545741.cms

🚀 I will be doing management interview round at upcoming 20-20⁺ Investing Accelerator Summit! 🗓️ Dates: August 30 & 31, 2025 This Online summit is designed for investors who want focused, actionable insights without any fluff. ✨ What’s happening: Stock Deep Dives: Each expert gives a 20-minute, business-specific analysis—perfect for serious stock pickers! Strategic Sessions: Dive into timeless principles & mental models for long-term investing success. Bonus: Registration includes 1 year of access to recordings. Watch and learn at your own pace. If you want insightful, no-nonsense investment ideas, you don’t want to miss this! 👇 Get all the details & register here: https://iasummit.one/2025-online 🎁 Use code SADHAN at checkout for an extra discount!

Enterprises in India and globally are generating exponentially more data, leading to a growing need for technologies that can efficiently compress large volumes of data ! Here is an extract from a company we invested - Newgen Software is saying in its #q1FY26 #concall ! The detailed analysis video is here https://youtu.be/gVcUJZLueMQ

Investing isn’t just about logic and numbers—our emotions, instincts, and biases often steer us off course. In this edition of Behaviour Edge, we dive into why mental nudges aren’t enough. Practical systems are essential to shield investors from emotional pitfalls. 📊 Equities and Inflation: Why Even Conservative Investors Must Take Risk Fixed-income returns barely keep up with inflation, while equities—though volatile—remain crucial for wealth creation. The 1-year equity returns range from –56% to +108%, but over 10 years, the average stabilizes near 13.8%. Patience is more than a virtue; it’s a strategy. 🔍 Real Life vs Investing Life: A Behavioural Contrast In everyday life, the crowd is often right. In markets, they’re often wrong. Over-trading kills value. Certainty in life doesn’t translate to certainty in markets; longer horizons bring clearer outcomes. ⚖️ The Behaviour Gap: Why Emotions Cost Returns Fear, excitement, and impatience create a “behaviour gap” — the difference between market returns and investor returns. Control your reactions, diversify widely, tune out financial noise, and seek guidance from trusted experts or behavioural coaches. 💡 As Nassim Nicholas Taleb reminds us in Fooled by Randomness: “We are faulty and mismatched to our environment… Success comes not from rationalizing emotions but working around them.” We can’t fix biases, but we can work around them with systems, rules, and perspective. 🎥 Watch this insightful video to sharpen your behavioural finance edge and learn how to make smarter investing decisions: https://youtu.be/JaiJkY8BHPo #BehaviouralFinance #InvestorBehaviour #WealthCreation #InvestorPsychology #PersonalFinance

🚨 New Video Alert! 🚨 Hey investors! 📈🧠 Confused about where to focus your attention in the stock market? Want to understand why “Circle of Competence” is a gamechanger and how it compares to the liking bias? Curious about the strengths (and weaknesses) of asking an expert vs a generalist? We’ve just dropped a new video where we break down these concepts in simple terms—so you can make smarter investing decisions and avoid common psychological traps. 🎬 Watch now: https://youtu.be/T2smY_MZuCs Discover how mastering your circle of competence and seeking diverse opinions can give you an edge! Don’t miss out—check it out, learn, and level up your investment game today!

New Video released https://youtu.be/bujKqlGgZzw

India's sovereign rating upgraded by S&P Global to BBB; outlook stable https://www.cnbctv18.com/economy/india-sovereign-rating-upgraded-by-snp-outlook-bonds-currency-rates-rbi-markets-19654052.htm

Another ₹1,037 crore order secured from Maharashtra! 🚀 Boost for #Shaktipumps—continuing the momentum with impressive project wins. My take in this business https://youtu.be/_dWAFhxwABo Stay tuned for more insights and business breakdowns on the channel!

⚡ Powering Your Game ! In this video, we dive into power sector trends 🔋 and uncover the segments with big long-term opportunities—plus the why behind them. 📈💡 🎥 Watch now 👉 https://youtu.be/IYrF41S3T4c #StockMarket #PowerSector #LongTermInvesting #Finance #Energy

Synergy Green : An important slide from theri Q1FY26 Investor presentation! Our business analysis: https://youtu.be/eJUwnR234mo Disclaimer: Not a recommendation

I'm invested in this metal small cap long before a certain high-profile conglomerate promoter entered—and then exited within just six months. Recently, a follower naïvely asked if that changes my thesis. My answer is simple: The real issue is that too many Indian retail investors have been conditioned for so long that independent thinking is an anomaly, not the norm. Following in someone else’s footsteps isn’t real investing—it’s coat-tailing. The very first step is developing your own conviction. Obsessing over who holds or sells—tracking X, Y, or Z’s moves on Twitter—is a total distraction. Start with what you already know, and build from first principles. Take it from Peter Lynch’s “One Up on Wall Street”—if you approach investing with genuine curiosity and discipline, even if you only catch a rabbit, you’ll have proven yourself. That’s what makes a real investor. Think for yourself, and let your own research be your edge

https://youtu.be/JaiJkY8BHPo A Masterclass on Better Investing Behaviour

“The first rule is that you can’t really trust your brain.” — Charlie Munger Presenting: 28 Reasons for Human Misjudgment to mentees !! Inspired by the legendary framework that shaped great investors