Escuchar Building Wealth with Rajeev.

Software as a Service (SAAS) has been a favorite investment in the stock market.  Francis and I discuss how to choose a great SAAS investment.  Francis further talks about Crowdstrike (CRWD) which to date ticks all the boxes of a great SAAS investment.  We further talk what is the competitive advantage of Snowflake (Snow) and some comparisons between  Snowflake (Snow) and Palantir (PLTR)

Joe goes by StockNovice at Twitter (@StockNovice). He has been investing in US markets for the last 25 years. He was always beating markets marginally. However, in the last three years, he saw maximum success as he moved to a concentrated portfolio and came in touch with Saul who influenced his investing. Saul is another hugely successful investor with over 30 % annualized returns. You can participate in a discussion with Saul at https://boards.fool.com/sauls-investing-discussions-120980.aspx.    Coming back to StockNovice philosophy:   StockNovice is choosing companies and not stocks.  For him, it is about buying businesses that resonate with you.  and once we select companies, we have clear and high expectations from them. Some of the KPIs could be Revenue growth, Customer growth, net retention rates.. if  its software business. The key strategy is to buy the dominant businesses. If a company is a dominant business …it a good chance that it could be a dominant stock. The top holding for StockNovice is Datadog.  It is very innovative, disrupted industry, growing revenue, and free cash flow positive.  Datadog grew to 26% of its portfolio as the company has been a great performer in stock markets.  StockNovice understands that dominant players will be expensive and he doesn’t mind buying higher prices.  The price of stocks is something he looks at last.  Most of the valuation models are very linear and are unable to capture exponential growth.  He believes that one doesn’t have to be right all the time. One has to be more right than wrong.   StockNovice doesn’t run a screen to select the companies. He crowdsources the company from sources that he trusts and researches. He trims companies when the company’s stock prices look a bit too disconnected from fundamentals. He trimmed Cloudflare (NETS) as stock looked a bit too extended. Also, he sold a large part of Upstart (Upst) after it didn’t have such a good Q3 2021. StockNovice sold Affirm (Afrm) at an 8-10% loss and sold in a short time as he wasn’t fully convinced about the company’s revenue model and durability.  Portfolio construction for StockNovice is a very personal choice.  It is about what resonates with one person and what are his or her financial circumstances. He doesn’t invest in real estate and crypto as he is not very comfortable with him or doesn’t know a huge deal about them. Since StockNovice runs a concentrated portfolio of hypergrowth companies,  volatility is common and he accepts it as a price for higher returns. StockNovice doesn’t use any technical analysis for entry and exit. He lets fundamentals do the talk. Business signals are more important to him than price signals.   The key thing is to invest behind your best ideas.. follow and trust your process. Returns will take care of themselves.

what are the MEGA crypto trends for 2022? Investment in Metaverse, NFT, and Web 3.0  will give you an investing advantage. But how to find great projects to invest in. How to value crypto projects and how long to hold them. Should Defi and Metaverse projects be seen in the same way? Conversation with Rohas Nagpal who is a known blockchain developer in India clarifies the basics. Listening to the chat will give you an investing edge

what are the MEGA crypto trends for 2022? Investment in Metaverse, NFT, and Web 3.0  will give you an investing advantage. But how to find great projects to invest in. How to value crypto projects and how long to hold them. Should Defi and Metaverse projects be seen in the same way? Conversation with Rohas Nagpal who is a known blockchain developer in India clarifies the basics. Listening to the chat will give you an investing edge

what are the MEGA crypto trends for 2022? Investment in Metaverse, NFT, and Web 3.0  will give you an investing advantage. But how to find great projects to invest in. How to value crypto projects and how long to hold them. Should Defi and Metaverse projects be seen in the same way? Conversation with Rohas Nagpal who is a known blockchain developer in India clarifies the basics. Listening to the chat will give you an investing edge