A young and smart value investor Ankur Jain shares his insights on the process of sensible, long-term investing.
In this issue, we profile Ankur Jain, a value investor and investment advisor based out of Gurgaon. Ankur is a Textile Engineer from NIT, Jalandhar, and MBA from MDI, Gurgaon. He is also a Berkshire Hathaway fan. The study of textile engineering has helped him understand why most textile operations are inferior businesses as experienced and taught by Mr. Buffett
Ankur invests long term money in businesses which have a demonstrated track record of consistent earnings. He is curious about businesses and love the process of analyzing them. He dives deep into a business while reading about it and comes out once he is convinced about its beauty or the absence of it.
Apart from investing, Ankur finds himself charged up watching mysteries, playing monopoly and visiting heritage monuments. You can write to him at ankurjain2100@gmail.com.
In this interview, Ankur shares his thoughts on his investing process and philosophy and also a lot of valuable lessons for new investors.
Safal Niveshak (SN): Could you tell us a little about your background, how you got interested in investing?
Ankur Jain (AJ): The earliest influences were my relatives. A few of my relatives are in conventional businesses. I often visited their shops and other places of business etc. I was particularly fascinated by the form of writing accounts which used to be a red book called the bahi-khata. It was interesting and great fun to see how businesses were run and accounts were written.
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