How to become your own Asset Manager?

In this insightful video, Mr Saket Mehrotra will guide you through the step-by-step process of becoming your own portfolio manager. Mr Saket Mehrotra has been following the Sensex since 2009 and has taken an active interest in understanding the equity markets in India. He currently works as a Fund Manager with Tusk Investments, where his mandate is to deploy capital in listed public equities in the Indian markets. With his newsletter, "Beta to Alpha," he shares curated insights with over 2,400 members, simplifying investment complexities and offering recommendations inspired by diverse topics. 

At first, he discusses that High net worth individuals, often referred to as HNWIs or HNIs, are a class of individuals distinguished from other retail segments based on their net wealth, assets and investible surplus. Then, he discussed their threshold and categorized them into different wealth classes based on their net wealth. 

Then he busts the myth about risk, i.e.,  more risks generate higher returns. Because risk and return are not inversely proportionate, each level of risk has a wide range of potential results. For example, investing in a fixed deposit (FD) may provide a lesser return with minimal risk. On the other hand, investing in cryptocurrencies may bring huge rewards but also carry the risk of significant losses.

He discusses various asset classes in this video and explains their risk and returns. Then, he gives an overview of the investment process and states three steps, i.e., idea generation, theme identification and the investable universe. According to him, investing is not a zero-sum game. It is a positive-sum game. It's a market where a value, growth, and momentum investor can thrive. So, it's essential to understand what is your outlook and what is your thinking. And then you can kind of put yourself into that bracket. So, start your asset manager journey!