Don’t be afraid to invest in small and mid-cap stocks. They may be riskier, but they also have the potential for higher returns.”
Porinju Veliyath is a well-known Indian investor, entrepreneur, and founder of Equity Intelligence, an investment advisory and fund management firm. Over the years, he has gained a reputation as a successful value investor, known for his ability to identify undervalued stocks with long-term potential. In this article, we will explore Porinju Veliyath’s background, success story, and some inspirational quotes.
Background
Porinju Veliyath was born in Kerala in 1962. He spent his early years in a small village called Chalakudy, where his father was a government employee. Veliyath received his education in Chalakudy and later graduated with a degree in Commerce from St. Albert’s College in Kochi.
After completing his studies, Veliyath began his career as a sub-broker in the Bombay Stock Exchange. He later joined Parag Parikh Financial Advisory Services, where he worked for several years as a research analyst. In 1994, he moved to Mumbai and started his own firm, Equity Intelligence India Pvt. Ltd., with a focus on providing investment advisory services to retail investors.
Success Story
Porinju Veliyath’s success story is one that has inspired many aspiring investors in India. Despite starting from humble beginnings, he has managed to build a successful career as an investor, entrepreneur, and mentor to many.
Veliyath’s investment philosophy is based on identifying undervalued stocks that have the potential to grow in the long term. He has a knack for spotting companies that are overlooked by other investors and has made some successful bets on lesser-known companies. He is known for his contrarian approach to investing and has often invested in companies that are facing short-term challenges but have strong long-term prospects.
One of Veliyath’s most successful investments was in the company called Delta Corp, which operates casinos in India. In 2013, when Delta Corp was struggling, Veliyath saw an opportunity to invest in the company, believing that the Indian gambling market had significant potential. His investment paid off, as Delta Corp’s stock price surged in the following years, and Veliyath’s fund made significant returns.
Veliyath has also been successful in identifying companies in sectors that have high growth potential. For example, he was an early investor in the Indian infrastructure sector, recognizing that the Indian government’s push to develop the country’s infrastructure would provide opportunities for companies in the sector. He invested in companies such as IRB Infrastructure, Ashoka Buildcon, and Sadbhav Engineering, all of which have grown significantly over the years.
Inspirational Quotes
Porinju Veliyath’s success story has inspired many investors in India, and he has shared several inspirational quotes over the years that reflect his investment philosophy and approach to life. Here are a few:
- “To make money in the stock market, you don’t have to be a rocket scientist. Just buy good stocks at reasonable prices and hold them for the long term.”
This quote reflects Veliyath’s belief in the importance of long-term investing and his focus on identifying undervalued stocks.
- “Investing is not about being right all the time. It’s about managing your risks, so that even when you’re wrong, you don’t lose too much.”
This quote reflects Veliyath’s focus on risk management and his belief that investing is about minimizing losses as much as it is about making gains.
- “Don’t be afraid to invest in small and mid-cap stocks. They may be riskier, but they also have the potential for higher returns.”
This quote reflects Veliyath’s willingness to take risks and his belief that small and mid-cap stocks can provide significant returns