Sanjay Bakshi is currently an Adjunct Professor at Management Development Institute, Gurgaon where he teaches a popular paper onBehavioral Finance and Business Valuation (BFBV).

Sanjay Bakshi is also a Managing Partner at ValueQuest Capital LLP— a SEBI registered investment advisory firm.

Bakshi earned an M.Sc. (Economics) from London School of Economics and Political Science and B.Com. (Hons.) from the University of Delhi, India. He is also a fellow member of the Institute of Chartered Accountants of India.

Sanjay Bakshi said that he was not a very good student at the school. However, the only subject he really liked was math (another recurring theme amongst top investors) “and even there I had terrible teachers,” said Sanjay Bakshi. In 1983, he entered Kirori Mal college to undertake a B.Com.

He joined Price Waterhouse as an articled clerk in 1986. He then moved on to work for American Express in June 1999.

Sanjay Bakshi was unhappy with corporate life, he left his job went to London to study at LSE and worked part-time in Burger King flipping burgers with his wife earning the minimum wage.

He then reads a book about Buffett. “I knew that I had found a meaning in my life. I simply knew that his ideas were learnable and that they would work in India” said Sanjay Bakshi.

“I went berserk about learning everything I could about this fellow. I read and read and read” said Sanjay Bakshi.

I wrote to him (Buffett) asking him to send me his annual reports (there was no Berkshire website in those days). His reports arrived in four days.

Sanjay Bakshi stayed in London for a total of three and a half years. decided to float a company. He approached his closest friends and relatives and asked them to invest in it. But by 1996, the fund was down by 40%. He then achieves success in the second round.

Sanjay Bakshi was unhappy with corporate life, he left his job went to London to study at LSE and worked part-time in Burger King flipping burgers

INVESTMENT STYLE

Sanjay Bakshi is a practitioner of value investing in India for more than 22 years. He has an excellent long-term track record.

Value investing is an investment paradigm which generally involves buying securities that appear underpriced. This type of investors relies more on fundamental analysis (the performance of the company and macroeconomics) rather than technical analysis and has a long-term investment time frame. The discount of the market price to the intrinsic value is what Benjamin Graham called the “margin of safety”.

I knew that I had found a meaning in my life. I simply knew that his (Warren Buffett’s) ideas were learnable and that they would work in India – Sanjay Bakshi

LEARNING RESOURCES

Sanjay Bakshi is one of India’s best-recognized finance professors who has been teaching Security Analysis, Behavioral Finance and Business Valuation at Management Development Institute, Gurgaon.

One of Sanjay Bakshi favorite quotes is that “knowledge grows through sharing”.

Sanjay Bakshi has invested a lot of his time studying some of the world’s best value investors like Buffett and that shows in his stellar performance.

Moreover, Sanjay Bakshi enjoys sharing his knowledge with fellow and aspiring investors. He lectures and mentors other investors.

Knowledge grows through sharing – Sanjay Bakshi

CONNECT WITH INVESTOR

Follow this World Top Investor via their various social media channels and read more about their background and current investment interests on their official website:

Sanjay Bakshi
www.sanjaybakshi.net

TRADING SOFTWARE

Dan Loeb targets Sony. Dan Loeb is an activist investor and founder of Third Point, which oversees about $14.5 billion in assets.

Last year the activist investor viewed Campbell soup as a bargain when Third point reported that the soup maker could fetch a takeover value of $52 to $58 per share.

A year later and the activist investor Dan Loeb targets Sony

Dan Loeb's activist hedge fund Third Point is raising an investment vehicle to generate between $500 million and $1 billion so it can continue to buy Sony shares, according to a recent report in Reuters.