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so what I will do is that rather than asking you to give our viewers a fish to eat let's understand that how can we teach them to catch a fish so in this case of EB we using that for only illustrative purposes what made you what is convincing you that the the train which has which has not stopped or train which has slowed down will come back and will regain speed what are the factors you look at is it man quality is it global environment is it valuations is it the management is it the analyst view what you look at which gives you a conviction that look yes the stock has come down but I will stick to my position yeah of course management is the most important uh you know metrics to judge a company and how a management behaves in its bad time that gives you uh more confidence and more faith so as I said that even in the bad times or even the time where the compan is not compan is not growing but they expanded their geography so that is the that is the enough indication that they whenever that when that tide will turn this company should be immensely benefited why have you taken such a disproportionate bet in at and this is a second Innings you had a large investment I mean that is one one of the crown like the kohinur of your Investment Portfolio which in a sense uh made Vijay kadia one of the foremost authority everybody recognized that from an unknown investor you became an unforgettable investor you bought into aoto you exited aoto that's what my me that's what I remember and then you've taken another leap of faith as per the latest data you've taken you've increased your holding by the right issue at to about 20% right yeah 22% this is a big bet perhaps one of the biggest bets of your life uh quantity wise you can say percentage wise you can say that in terms of commitment I mean in terms of commitment this is the biggest seeding the seed Capal this is the biggest original commitment you've what makes you so confident because if you making such a large investment you're a patient investor yeah uh you must have seen something which perhaps Market are not seeing today no Market is seeing everything I do not have any third eyes or something like this only idea is that everybody knows whatever data you have I am also having the same data only you must be having the more data than me it's your understanding of the data right how do you interpret the data interpret the data that is important you know what do you make out of those data that is important you know so what I have understood that as I have always said that stay in a sunrise industry at any cost and stay out of a sunset industry at any cost so I applied that simple formula the first time again it was a boom period uh of automobile boom period when I initially when I I had time they were just making a three-wheeler three-wheeler you now they have Diversified into uh electric three-wheeler and as we all know that electric is the future whether it is India whether it is us whether it is China any geography in the world Under the Sun will have electric Electric Mobility you know at the uh at the Forefront so that's a very simple story there is is no no brainer into this and I found this company has really tied up with uh they have good collaboration with uh good uh companies around the world and uh since I am also a director into the company so I understood that opportunities huge and the story had just begun and I was getting at a fair valuation at a cheaper valuation uh let me but that time company was losing money so that was your call that you call it cheaper or you call it expensive some for somebody it could be expensive because company was losing money but if you see not tomorrow day after tomorrow then you will find if company turns around if you have the faith in the management that management has proven its track record in the past also so that is that is also in life I have understood in stock market one thing is also very important you should you should observe that how the management has behaved in its bad times in the past that will give you enough you know judgment is the most important thing is important and like they say that what has happened in the past in some of the other form will happen in the future it will happen again it's your yeah and once a bad management always a bad management that's what yeah I
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