SECTION 2 

• Lecture Outline

• Investing In A Business

• Threat Of New Entrants

• Bargaining Power Of Customers

• Bargaining Power Of Suppliers

• Threat Of Substitutes

• Competitive Rivalary

• Applying Porter’s 5 Forces

• Conclusion

 

SECTION 3 

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• Introduction

• Types Of Moats

• Real Product Differentiation

• Intangible Assets Brands

• Intangible Assets Regulatory Licenses

• Intangible Assets Patents & Intellectual Property

• Economies Of Scale

• Cheaper Access To Resources

• Product Based Cost Advantages

• Determining A Moat

• Durability Of A Moat

• Avoiding False Moats

• Conclusion

• Lecture Outline

• Page Industry Real Product Differentiation

• Colgate-palmolive (India)-brands

• Solar Industries- Regulatory Licences

• BOSCH LTD – Patents And Intellectual Property

• HDFC BANK – Switching Costs

• INFO EDGE (INDIA) LTD – Network Effects

• Lecture Outline

• Container Corporation of India- Economies

• Coal India- Cheaper Access To Resources

• Ambuja Cements- Process Based Coast Advantages

• Suzlon Energy- False Moat

SECTION 4

• Lecture Outline

• Accounting

• Balance Sheet

• Profit & Loss Statement

• Cash Flow Statement

• Cash Vs Accural Accounting Method

• Notes to Financial Statement

 

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SECTION 5

 

• Introducton

• Profitability Ratio- Operating Profit Margin

• Return Ratio- Return On Equity

• Debt Ratio- Debt To Equity

• Liquidity Ratio- Current Ratio

• Asset Utilization Ratio- Fixed Asset Turnover

• Cash Flow Ratio- Operating Cash Flow To Sales

• Valuation Ratios- Price To Earnings

• Conclusion

• Financial Statements & Ratios Maruti Suzuki

• Return On Equity

• Dupont Analysis

• HDFC Bank

• Hindustan Unilever

• National Mineral Development Corp

• Conclusion

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SECTION 6 

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• Identifying Accounting Red Flags

• Satyam Scam

• Distortive Depreciation Practices

• Misrepresentation Of Revenues & Costs

• Spurt In Debtors & Inventories

• Contingent Liabilities

• Concentrate On Cash

• Conclusion

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SECTION 7

• Introduction

• Role of Management

• Qualities of Management

• Management Background Inspection

• Conclusion

• Lecture Outline

• Management Compensation

• Management Way Of Running Business

• Extravagant Use Of Company Funds

• Herd Mentality

• Process Oriented Culture

• Treatment of Minority Shareholders MNCs & Subsidaries

• Promoters Greed & Recklessness Can Ruin A Great Buiness

• Management & Valuation

• Conclusion

SECTION 8

• Introduction

• Behavioral Finance & Stock Market

• Behavioral Finance & Value Investing

• Inside The Human Mind

• Four Quadrants Of Awareness

• Conclusion

SECTION 9

• Need For Portfolio Analysis & Asset Allocation

• What is Modern Portfolio Theory

• Why is Modern Portfolio Theory flawed

• Portfolio Management Graham Approach

• Portfolio Management Buffett Approach

• Conclusion

SECTION 10

• What Is A Stock Screener

• Types Of Stock Screeners

• Benjamin Graham Stock Screeners

• Warren Buffett Stock Screener

• Magic Formula Stock Screener

• Things To Keep In Mind