Konversation with Kushal

Ishmohit Arora of SOIC and Siddhant Bhandari, co-founders of Persistence Capital, join Kushal to break down their N.E.W. framework for spotting stocks at the start of a J-curve. They walk through real case studies like TVS Motors, Welspun Corp, CG Power and TD Power, and explain how their fund is up about 40% in two years while the Nifty went nowhere. What You'll Learn:1-Convex vs Concave: Why...

N Jayakumar, MD and Group CEO of Prime Securities, joins Kushal for an investment banking masterclass drawn from a 41 year career. What You'll Learn:1-How Investment Banking Works: Equity, debt, fee ranges and why matching assets and liabilities by duration matters.2-Operating Leverage Explained: Why companies with low capacity utilisation and falling debt can give outsized returns.3-Sector Vi...

Vikas Khemani, Founder of Carnelian Asset Management, joins Kushal to explain why small caps are a hunting ground for superior wealth creation, not just a risk. He backs it with data on small cap profit growth, case studies like Sun Pharma, Bajaj Finance, Reliance and Airtel vs Vodafone Idea, and his view on the current global noise. What You'll Learn:1-Small Caps as Opportunity: Why 196 small...

Ameya Deosthali, the 23 year old independent investor behind Value Equity, joins Kushal to break down how he finds stocks at peak pessimism and rides the turn. He walks through real case studies like Laurus Labs, Apollo Pipes, Coforge, Sansera Engineering and Dynamatic Technologies. What You'll Learn:1-The Pessimism Rate of Change Tracker: How to spot sectors in deep pain through low multiples...

Most investors chase low PE stocks. Amitabh Vatsya, founder of Sadhan, does the opposite. He has identified 45+ multibaggers. In this episode he walks through real case studies of how he finds them. What You’ll Learn1- Talk To The Customer: How supplier and customer calls helped him spot Krishca and Shivalik Bimetal early.2- Capability Over Capacity: Why a bigger plant does not mean a better busin...

Why do the biggest investors make most of their money in B2C businesses? Ankush Agrawal, SEBI Registered Research Analyst and founder of Surge Capital, shares his stock picking framework with real case studies. What You'll Learn1. Resilient vs Non-Linear: How he splits his portfolio between safe compounders and high-risk bets.2. B2C vs B2B: Why B2C businesses compound with fewer growth shocks....

Parth Shah, Founder & Director of Smart Horizon Capital Advisors, joins Kushal for a masterclass on merchant banking and SME IPOs. He has listed 80 companies, raised around ₹3,000 crore for them, and built a 50 member firm doing ₹100 crore+ in revenue. He walks through real deals he took on, the ones he walked away from, and why the price you list at decides everything. What You'll Learn:1...

Christopher Wood, Global Head of Equity Strategy at Jefferies and the author of GREED & fear for 30 years, joins Kushal to explain why he believes AI is the real bubble today. He also breaks down why foreign investors left India, why he prefers Brazilian bonds to US Treasuries, and how gold could reach $10,000.What You'll Learn:1-The AI Capex Arms Race: Why he compares the AI boom to the 1...

Manish Sonthalia has 30+ years of experience in the Indian stock market. He spent 19.5 years at Motilal Oswal and is now Director & CIO at Emkay Investment Managers, the Asset Management arm of Emkay Global. In this episode, he breaks down his proprietary EQUAL framework, the red flags he uses to reject a stock, and the price discipline behind his multibaggers. If you want to pick stocks with...

In this episode of Konversation with Kushal, Dhiraj Dave, a full-time investor, shares the rare dividend-first investing philosophy that has compounded his portfolio at 22% CAGR for over three decades. Here's what you'll learn:1-Cash Flow is Truth: Why he trusts dividends over profit and calls cash flow the only "reality" in investing.2-The Financial Moksha Formula: How dividends...

Abhishek Basumallick, Founder of Intelsense, joins Kushal to break down how he picks stocks. He walks through real case studies like PG Electroplast, Supreme Industries and HBL Engineering, and explains why price is always the final judge. What You'll Learn:1-The 4 Step Process: Define your universe, pick the stock, size it, and know when to exit.2-Buying After 40x: Why PG Electroplast gave hi...

Ramneek Kundra returns to Konversation with Kushal for a deep dive into the investing philosophy of Warren Buffett and Charlie Munger. Having read every Berkshire shareholder letters and books on Buffett, he breaks down the real story behind buy and hold philosophy, See's Candies, GEICO and Coca-Cola in the simplest language possible. What You'll Learn:1-The Buy And Hold Myth: Why Buffett...

In this episode of Konversation with Kushal, Dhiraj Dave, a full-time investor, shares the rare dividend-first investing philosophy that has compounded his portfolio at 22% CAGR for over three decades. Here's what you'll learn:1-Cash Flow is Truth: Why he trusts dividends over profit and calls cash flow the only "reality" in investing.2-The Financial Moksha Formula: How dividends...

Abhishek Basumallick, Founder of Intelsense, joins Kushal to break down how he picks stocks. He walks through real case studies like PG Electroplast, Supreme Industries and HBL Engineering, and explains why price is always the final judge. What You'll Learn:1-The 4 Step Process: Define your universe, pick the stock, size it, and know when to exit.2-Buying After 40x: Why PG Electroplast gave hi...

Gajendra Kothari, a wealth manager and AMFI registered mutual fund distributor who has built a 69 crore mutual fund corpus, joins Kushal to break down financial freedom the practical way. He shares exactly how much you need to retire at every age and in every kind of city, and why chasing 100 crore is the wrong goal. What You'll Learn:1-Your Real FF Number: Why 100 crore is a myth and your num...

Rajeev Agrawal, Fund Manager and Managing Partner at DoorDarshi India Fund, joins Kushal for the channel's first deep dive purely on the financial services industry. Investing in Indian equities from the US, he decodes exactly how he values banks and NBFCs, using live case studies with real entry and exit prices. What You'll Learn:1- Valuing A Lender: Why management trust matters 10x more...

In this episode of Konversation with Kushal, Sunil Subramaniam, former MD & CEO of Sundaram Mutual Fund with 30+ years of experience, breaks down why India's market isn't rising despite being the world's fastest-growing economy. Here's what you'll learn:1-India as a stock: How FIIs value the whole country by discounting future GDP.2-Strong GDP, flat market: Why good growth...

Sahil Kapoor, Head of Products and Market Strategist at DSP Mutual Fund, joins Kushal to break down how he values stocks, markets, gold and silver. He shares the frameworks from his DSP Netra reports in the simplest language possible. What You'll Learn:1-The Infosys Test: How to check if a business actually creates value.2-Margin Of Safety: Why a boring bank can beat a hot stock.3-The 25% Myth...

Ravi Jain, CFA Co-founder & MD of Blostem and a small cap investor for 19 years, joins Kushal to break down how he compounded at over 40% CAGR. He walks through the stock that gave him 30x in two years, the frameworks he uses to read market cycles, and where he is bullish in August 2026.What You'll Learn:1-The 30x Stock: How one half yearly result led him to a 50x company.2-Small Cap Warni...

Sridhar Sivaram, Investment Director at Enam Holdings, joins Kushal for a deep dive into markets, sectors, and gold. He shares how he reads a balance sheet, where he is bullish today, and why he stays away from some of the most popular sectors. What You'll Learn:1-Gold's Real Story: Why gold has beaten the stock market for 20 years.2-The Bank Shift: Why private banks are losing ground to P...

In this episode of Konversation with Kushal, Binoli Jain and Ankit Jain, the husband-wife duo behind The Money Mart, open up their actual family portfolio live on screen. They manage over ₹640 crore across 900 families and break down how disciplined SIPs, smart asset allocation, and goal-based planning turned small monthly investments into real generational wealth, including making their daughter...

In this episode of Konversation with Kushal, Amit Jain, Co-Founder, Ashika Global Family Office Services, reveals why he is cautious on global markets and bullish on India right now. Here's what you'll learn:1- Why India Is Cheaper Than the World: The relative price attractiveness principle.2- The US Crash He Sees Coming: Why the index hides the pain while top stocks fall 30 to 50%.3- The...

In this episode of Konversation with Kushal, Sanjeev Pandiya, one of India's top behavioural economists with 30+ years in behavioural finance, breaks down how real wealth is built in the stock market. Here's what you'll learn:1- Sex in the Sensex: spotting when a bubble is peaking.2- 6x EBITDA framework: how he values a business and ignores stock prices.3- Caterpillar to Butterfly: the...

In this episode of Konversation with Kushal, Swanand Kelkar, former Managing Director at Morgan Stanley India and Co-Founder & Managing Partner at Breakout Capital ($1.7B AUM), breaks down the global AI bubble, his emerging markets framework, and how he turned ₹2.5 lakh into ₹46 lakh at a 33% CAGR.Here's what you'll learn:1- The Chola Story: The single slide and one CEO meeting that co...

In this episode of Konversation with Kushal, Anant Ladha, a third-generation IPO investor with 3M+ followers whose family has invested in IPOs since 1980, breaks down exactly how to make money from IPOs and improve your allotment chances. Here's what you'll learn:1- Retail vs Small HNI vs Big HNI: which category actually gets you the best allotment odds.2- One PAN, One Demat, One Applicati...