Claim OwnershipKonversation with Kushal
Subscribed: 16Played: 294
Subscribe
© Konversation with Kushal
Description
Kushal Lodha is a qualified Chartered Accountant who achieved AIR 5 in CA Finals, AIR 5 in CA Inter, and AIR 6 in CA Foundation. Furthermore, he has successfully completed all levels of CFA and ACCA, attaining a World Rank 3 in ACCA.
This podcast caters to the aspiring entrepreneurs of India, offering invaluable insights to kickstart your journey from Zero to One. Additionally, Kushal Lodha is an esteemed part-time content creator, boasting a cumulative following of over 600k+ on social media. He was also honored as LinkedIn's Top Voice for the year 2022.
This podcast caters to the aspiring entrepreneurs of India, offering invaluable insights to kickstart your journey from Zero to One. Additionally, Kushal Lodha is an esteemed part-time content creator, boasting a cumulative following of over 600k+ on social media. He was also honored as LinkedIn's Top Voice for the year 2022.
262 Episodes
Reverse
In this episode, I sit down with seasoned investor and ex-consultant Akshat Shrivastava, who breaks down how he manages a $1 million public portfolio with impressive returns. Akshat challenges the conventional wisdom of sticking solely to Indian mutual funds, explaining why he prioritizes US Tech stocks (NASDAQ) and companies with strong "research moats" like Meta and Nvidia over overvalued Indian small-caps. He provides a detailed framework on valuation, comparing the P/E ratios of Indian startups to global giants, and explains why hedging is crucial for portfolio protection.Beyond equities, the conversation dives deep into asset allocation strategies for 2026, including his bullish thesis on Bitcoin as a mathematical hedge and his real estate investments in Dubai and Goa. Akshat opens up about the reality of leaving a corporate job, the cost of living in the UAE compared to India, and why true financial freedom is about having control over your time. Watch this to understand how to restructure your portfolio and avoid the financial traps that keep the majority from building wealth.💡 Don’t forget to like, share, and subscribe for more such insightful conversations with top achievers from across the world!
We hosted Tamal Bandyopadhyay, a legendary financial journalist and author, for a revealing deep dive into the untold stories of the Indian banking sector. Tamal opened up about his intense legal battle with Sahara, sharing details of the ₹200 crore defamation suit filed against him and the upcoming Sony LIV series based on his book. He also provided a candid assessment of the industry's evolution, discussing the "cleaning up" of bad loans under Raghuram Rajan, the collapse of Yes Bank due to poor governance, and the stark cultural differences between public and private sector banks, including the high-pressure environment that plagues PSU officers.Beyond the serious analysis, the episode is packed with fascinating and often humorous anecdotes about India’s most powerful bankers. Tamal shared rare behind-the-scenes stories, such as HDFC’s Aditya Puri using a "dog walking" session to resolve team conflicts, former RBI Governor D. Subbarao doing the "lungi dance" at his farewell, and the strict ethical standards of Y.V. Reddy. From quirky superstitions involving "white shoes" to the entrepreneurial spirit that built HDFC Bank, this conversation offers a unique, insider look at the personalities shaping India's financial landscape.💡 Don’t forget to like, share, and subscribe for more such insightful conversations with top achievers from across the world!
➡ Recommend A Guest For Our Podcast Here - https://forms.gle/eotmhzWMx6KpJQH86➡ Join This Group To Be Invited To Future Offline KwK Events in Mumbai: https://chat.whatsapp.com/F3MbHDPwTwC...In this episode, I hosted Tanmay Khandelwal, a 26-year-old fund manager who achieved a massive feat by winning the US Investing Championship two years in a row. He shares how he generated returns of 131% in 2023 and 126% in 2024 by focusing on real-money trading, not just paper portfolios. We dive into his specific wins with stocks like Zomato and RateGain, and he explains his strict rule of never "averaging down" on a losing position.Tanmay also breaks down his proprietary BEST Framework—Big Potential, Earnings, Strength, and Trustworthy Management. He provides a masterclass on Post-IPO investing, explaining why the best gains often come after a company lists and starts deploying its new capital. Whether you are interested in sector tailwinds or technical indicators like the 200-day moving average, this conversation offers a practical blueprint for high-performance investing.💡 Don’t forget to like, share, and subscribe for more such insightful conversations with top achievers from across the world!
We hosted industry veteran Hemant Rustagi, and he explained the complete blueprint of mutual fund investing for both beginners and seasoned investors. He started by sharing his incredible journey from working at UTI in 1986 to managing over ₹2,000 crores in assets today, breaking down exactly how asset allocation should change as you age. We didn't just stay on the surface; we dove deep into the mechanics of goal-based investing, where he explained why aligning your SIPs with specific life goals—like retirement or child education—is the ultimate secret to surviving market volatility.💡 Don’t forget to like, share, and subscribe for more such insightful conversations with top achievers from across the world!
This episode features Gurcharan Das, legendary author and former CEO of P&G India. He opens up about his incredible life journey, from witnessing the Partition of 1947 and navigating racism in the US to his rise in the corporate world during the restrictive "License Raj" era. He shares fascinating anecdotes, including being fired on his very first day at work, the "Mouse Merchant" fable that changed his perspective on business, and his courageous decision to walk away from a high-paying CEO role at age 50 to become a full-time writer.In the second half, Gurcharan Das explores profound life philosophies rooted in the Mahabharata and the Bhagavad Gita. He narrates the inspiring true story of Kamble, a security guard who taught himself English and rose to become a Director, and discusses key insights from his bestseller The Difficulty of Being Good. The conversation wraps up with timeless advice for the youth on "Nishkama Karma," the concept of "Laghima" (lightness of being), and the importance of taking your work seriously without taking yourself too seriously.💡 Don’t forget to like, share, and subscribe for more such insightful conversations with top achievers from across the world!
➡ Recommend A Guest For Our Podcast Here - https://forms.gle/eotmhzWMx6KpJQH86➡ Join This Group To Be Invited To Future Offline KwK Events in Mumbai: https://chat.whatsapp.com/F3MbHDPwTwC...In this insightful episode, former RBI Governor Raghuram Rajan reflects on his tenure at India’s central bank, offering a rare behind-the-scenes look at working with different Prime Ministers and the complexities of high-stakes economic decision-making. He candidly discusses his successes, such as implementing inflation targeting and initiating bank cleanups, while also addressing his inability to stop demonetization. Rajan further opens up about the reality of RBI salaries and the rigorous daily routine required to steer the country’s financial stability.Beyond his past experiences, Rajan provides a sharp analysis of the current global and Indian economic landscape, comparing stock market valuations in the US and India and assessing the risks of a potential financial crisis. He tackles pressing domestic issues like unemployment, the skills gap, and rising inequality, emphasizing the urgent need for educational reform and job creation. The conversation concludes with his strategic advice for global leaders like Donald Trump and Narendra Modi, along with his vision for India’s path toward becoming a developed nation.💡 Don’t forget to like, share, and subscribe for more such insightful conversations with top achievers from across the world!
➡ Recommend A Guest For Our Podcast Here - https://forms.gle/eotmhzWMx6KpJQH86➡ Join This Group To Be Invited To Future Offline KwK Events in Mumbai: https://chat.whatsapp.com/F3MbHDPwTwC...In this episode, I hosted market veteran Vijai Mantri for a deep dive into the changing landscape of mutual fund investing in India. We discuss why he believes the Nifty 50 might be the "worst performing" index and why active funds still hold a significant edge over index funds in the Indian context. Vijai shares his top investment themes for the next decade—including Healthcare, Consumption, Manufacturing, and Energy—and provides specific fund recommendations across Small Cap, Mid Cap, and Flexi Cap categories for investors looking at 2025 and beyond.We also explore critical asset allocation strategies, looking at the pros and cons of Gold and Commercial Real Estate, and why Debt Mutual Funds often outperform traditional Bank Fixed Deposits. Vijai offers a candid warning about the dangers of F&O trading, describing it as a financial addiction, and we touch upon the often-overlooked link between financial planning and marital stability. Whether you are a beginner or a seasoned investor, this episode is packed with actionable advice on SIPs and the "secret" to building generational wealth through longevity.💡 Don’t forget to like, share, and subscribe for more such insightful conversations with top achievers from across the world!
➡ Recommend A Guest For Our Podcast Here - https://forms.gle/eotmhzWMx6KpJQH86➡ Join This Group To Be Invited To Future Offline KwK Events in Mumbai: https://chat.whatsapp.com/F3MbHDPwTwC...In this insightful episode, veteran investor Sushil Kedia breaks down his unconventional and contrarian approach to the stock market, relying heavily on technical analysis and Elliott Waves rather than traditional fundamental metrics. He shares specific, bold predictions, including a 40-year back tested strategy for trading around elections, a bearish outlook on HDFC Bank, and bullish calls on the sugar sector and public sector banks .He also discusses the trajectory of the Nifty and Sensex leading up to 2026, explaining why he believes the Dollar Index and interest rates may rise simultaneously with a market bull run after a short-term correction.Beyond technical strategies, the conversation delves into the deep philosophy and psychology required for successful trading. He explains how he treats the Bhagavad Gita as a "manual for life," using its teachings to suspend his ego and intellect to truly listen to the market's price action ("Bhaav"). He emphasizes the importance of "maturity" as the ability to know what information to ignore, and shares his unique framework for learning and retaining knowledge, offering a holistic view of the discipline needed to survive and thrive in the financial world.💡 Don’t forget to like, share, and subscribe for more such insightful conversations with top achievers from across the world!
➡ Recommend A Guest For Our Podcast Here - https://forms.gle/eotmhzWMx6KpJQH86➡ Join This Group To Be Invited To Future Offline KwK Events in Mumbai: https://chat.whatsapp.com/F3MbHDPwTwC...In this insightful episode, we hosted Kailash Kulkarni, CEO of HSBC Mutual Fund India, who brings over three decades of experience in the financial markets. Kailash shares his candid journey, opening up about his biggest financial blunders—from losing nearly 100% of his capital during the 2000 tech crash to a real estate investment that gave him zero returns for years. He dismantles the myth that experts always get it right and explains why he stopped chasing high-risk returns to focus on sustainable wealth creation.This conversation is a complete masterclass on Mutual Fund selection and Asset Allocation. Kailash breaks down his proprietary "50% Rule" for setting realistic SIP expectations, explains why Central Banks are dumping the Dollar for Gold, and warns against blindly using AI tools like ChatGPT for investment advice. Whether you are a student starting with ₹500 or a seasoned investor looking to rebalance your portfolio, this episode provides a practical, jargon-free roadmap to financial independence.💡 Don’t forget to like, share, and subscribe for more such insightful conversations with top achievers from across the world!
➡ Recommend A Guest For Our Podcast Here - https://forms.gle/eotmhzWMx6KpJQH86➡ Join This Group To Be Invited To Future Offline KwK Events in Mumbai: https://chat.whatsapp.com/F3MbHDPwTwC...💡 Don’t forget to like, share, and subscribe for more such insightful conversations with top achievers from across the world!In this episode, Kushal Lodha sits down with Jeevan Patwa to trace his unconventional journey from a mechanical engineer and software developer to a successful fund manager. Jeevan opens up about his early trading mistakes during the 2005-2008 cycle that led to losing his capital multiple times, an experience that shaped his current "capital protection first" philosophy. He details his strict "elimination framework" for selecting stocks, explaining why he completely avoids cyclical sectors like steel and cement, as well as banking and NBFCs, to focus on businesses with sustainable competitive advantages.The conversation dives deep into Jeevan’s high-conviction investment themes, specifically his bullish stance on the CDMO (Contract Development and Manufacturing Organization) model across pharma, defense, and food industries. He provides granular case studies of his multi-bagger successes, including Suven Pharma, Manorama Industries, and Laurus Labs, illustrating the power of operating leverage and correct entry valuations. The episode concludes with his ambitious goal of targeting 50x returns over a decade and his advice for young investors to prioritize "compounding knowledge" over just compounding wealth.
➡ Recommend A Guest For Our Podcast Here - https://forms.gle/eotmhzWMx6KpJQH86➡ Join This Group To Be Invited To Future Offline KwK Events in Mumbai: https://chat.whatsapp.com/F3MbHDPwTwC...In this episode, we hosted Vineet Arora, Founder of NAV Capital, who manages over ₹2000 Crores in assets, to decode the high-risk, high-reward world of SME IPOs and micro-cap stocks. Vineet broke down his proprietary "5-Point Investing Framework" for picking winners, explaining exactly how he evaluates promoter integrity, unit economics, and business scalability before investing. He also exposed common traps and scams in the SME sector, teaching retail investors how to spot red flags and avoid the "FOMO" driven by retail frenzy.The discussion featured detailed case studies of his investments in companies like Annapurna Swadisht, EFC India, and Dronacharya Aerial Innovations, sharing the exact thesis behind his entry and exit decisions. From analyzing the booming data center industry to understanding the unique mindset of "grounded" founders in Tier-2 and Tier-3 cities, this conversation is packed with actionable insights for anyone looking to navigate the volatile world of small-cap investing safely.💡 Don’t forget to like, share, and subscribe for more such insightful conversations with top achievers from across the world!
➡ Recommend A Guest For Our Podcast Here - https://forms.gle/eotmhzWMx6KpJQH86➡ Join This Group To Be Invited To Future Offline KwK Events in Mumbai: https://chat.whatsapp.com/F3MbHDPwTwC...In this inspiring episode, Ankit Kanodia, shares his unconventional journey from failing his CA Final exams four times to becoming a successful full-time investor. He reveals the logic behind his unique "Stock SIP" experiment, where he consistently invested in a basket of 20 stocks to prove the power of disciplined capital allocation. Ankit delves deep into the psychology of investing, explaining why managing human emotions like envy and FOMO is often more critical than financial analysis, and why true success should be measured by happiness rather than just CAGR.The core of the conversation focuses on Ankit’s proprietary "4-Engine Framework" for identifying high-potential microcap stocks: Turnarounds, High Convexity, Yard Investing, and Deep Value. He provides detailed, actionable case studies on companies like Radiant Cash Management, IEX, and Hester Biosciences, explaining exactly how he spots "trains in the yard" before they leave the station. Whether you are looking to understand the nuances of microcap investing or seeking motivation to overcome professional setbacks, this episode offers a masterclass in independent thinking and wealth creation.💡 Don’t forget to like, share, and subscribe for more such insightful conversations with top achievers from across the world!
➡ Recommend A Guest For Our Podcast Here - https://forms.gle/eotmhzWMx6KpJQH86➡ Join This Group To Be Invited To Future Offline KwK Events in Mumbai: https://chat.whatsapp.com/F3MbHDPwTwC...💡 Don’t forget to like, share, and subscribe for more such insightful conversations with top achievers from across the world!Is the "Chinese exit" from Paytm just a myth? How is China quietly controlling the global supply chain—from the Dolo tablet you take to the solar panels on your roof?In this eye-opening episode, I am joined by Jayant Mundhra, a research analyst and the writer behind the 'Decode the Dragon' newsletter. Jayant deep dives into the "Dark Secrets" of China’s rise to a global superpower and exposes the stark reality of where India stands in comparison.#kushallodha #Investingwisdom #WealthCreation #indiavschina #india #madeinindia
➡ Recommend A Guest For Our Podcast Here - https://forms.gle/eotmhzWMx6KpJQH86➡ Join This Group To Be Invited To Future Offline KwK Events in Mumbai: https://chat.whatsapp.com/F3MbHDPwTwC...Think Fixed Deposits are safe? Think again. In this eye-opening episode, financial expert Kirtan Shah exposes the hidden "Inflation Risk" that is silently destroying your wealth in traditional FDs and challenges the popular aggressive strategy of 100% equity investing. He argues why even young investors need a strategic 20-30% allocation in Fixed Income, not just for safety, but as a war chest to capitalize on market crashes. This conversation is a masterclass on asset allocation, designed to show you how to protect your purchasing power while positioning yourself to generate massive alpha when the market dips.Beyond the basics, Kirtan decodes the complex world of Debt Mutual Funds, breaking down the 16 different categories and the secret to predicting interest rate cycles. He reveals a 7-factor macroeconomic checklist—including GDP, Fiscal Deficit, and Crude Oil—that allows anyone to predict market moves like a pro. Whether you want to understand how to read a fund manager's "secret" signals in a fact sheet or how to switch between Duration and Credit Risk funds for potential double-digit returns, this episode is the ultimate guide to mastering Fixed Income.💡 Don’t forget to like, share, and subscribe for more such insightful conversations with top achievers from across the world!
This Podcast is the ultimate consolidated interview with the CA Final All India Rank 1, 2, and 3, revealing their journey from Articleship pressures to the shock of hearing the head of the statutory body call their names. The top performers share touching emotional moments, including the story of one ranker fulfilling his parent's unachieved dream of becoming a professional, and the overwhelming feeling of making their families proud on results day (November 3rd). They also disclose their phenomenal subject scores, with one ranker scoring 98 in AFM (Advanced Financial Management) and multiple rankers scoring in the 80s and 90s across subjects like FR, DT, and Audit.
➡ Recommend A Guest For Our Podcast Here - https://forms.gle/eotmhzWMx6KpJQH86➡ Join This Group To Be Invited To Future Offline KwK Events in Mumbai: https://chat.whatsapp.com/F3MbHDPwTwC...From All India Rank 1 CA to Harvard MBA to founding Crystal Credit Rating—this is the ultimate CA career success story and business insights goldmine. Hear firsthand experiences of working with PM Narendra Modi on economic policy, advising on bureaucracy reforms and India's growth challenges, plus revolutionary HDFC Bank lending innovations that solved 42% loan default crisis using principles of alternative security and income-based lending. Learn investment frameworks from rating 800+ companies, sitting on 15+ major boards including Bajaj Auto and HDFC, and working with legends like HT Parekh, George Soros, and Ratan Tata. Covers critical topics for CA students: equity valuation methods, sectoral analysis (solar energy, tourism, e-governance, hospitality), EPC contract business models, service industry growth, wealth creation strategies.💡 Don’t forget to like, share, and subscribe for more such insightful conversations with top achievers from across the world!#KushalLodha #InvestingWisdom #StockMarketIndia #WealthCreation #LongTermInvesting #FinancePodcast #InvestmentStrategy
➡ Unlock the same global market intelligence Shankar Sharma built for himself, check out GQ FinXRay here - https://gquants.com/➡ Recommend A Guest For Our Podcast Here - https://forms.gle/eotmhzWMx6KpJQH86➡ Join This Group To Be Invited To Future Offline KwK Events in Mumbai: https://chat.whatsapp.com/F3MbHDPwTwC...In this episode, I sat down with legendary investor Shankar Sharma to deconstruct his unique investing philosophy. Shankar dives deep into his famous "Lake of Returns" theory, explaining why he believes Indian markets may stay flat and where he sees opportunities globally. He also reveals his quantitative, AI-driven framework for finding stocks, his strong stance on why he avoids IPOs, and his specific thesis on businesses like Urban Company versus data centers.Beyond the markets, Shankar shares powerful life lessons and personal insights. He discusses his learnings from the late Rakesh Jhunjhunwala, his surprising advice to family to avoid stocks in favor of FDs and gold, and his intense personal biohacking routine for longevity. The conversation culminates in his core life philosophy: the importance of enhancing the "P/E Ratio of Life," not just your portfolio.💡 Don’t forget to like, share, and subscribe for more such insightful conversations with top achievers from across the world!
➡ Recommend A Guest For Our Podcast Here - https://forms.gle/eotmhzWMx6KpJQH86➡ Join This Group To Be Invited To Future Offline KwK Events in Mumbai: https://chat.whatsapp.com/F3MbHDPwTwC...In this full episode, I host Ajit Menon, CEO of PGIM India, who shares the incredible "roller-coaster" story of his career. He details how he navigated the 2018 DHFL crisis, which hit the day after he became CEO and caused an 80% drop in AUM, and how he rebuilt the firm from the ground up. He explains his core philosophies, from the "50 Gigs" concept to why the biggest retirement risk isn't a small corpus but having only "one skill."Ajit also reveals his personal financial habits, including why he's lived in 9 different rental houses and only buys second-hand luxury cars. He breaks down his "Three Bucket Theory" to make money last forever, his single favorite mutual fund category for all investors, and the one asset class that he believes captures all "human progress." He also shares unbelievable stories from the 90s, including how a "lucky number" helped him sell India's first mobile phones.💡 Don’t forget to like, share, and subscribe for more such insightful conversations with top achievers from across the world!
In this episode, I sat down with Dhirendra Kumar, the Founder and CEO of Value Research, for a deep dive into his decades-long investing journey.Dhirendra shared insights from his very first investment back in 1990 during the Harshad Mehta era and revealed some of his all-time top-performing mutual funds, like the Franklin Tax Shield.We discussed his personal investment philosophy, including his 100% equity allocation (split between mutual funds and stocks) and his non-negotiable rule for stock picking: earnings must be supported by cash flow.Highlights from our conversation include:His Personal CAGR: Dhirendra shared that his mutual fund portfolio has generated an 18-19% CAGR, with his direct stocks achieving a 22-23% CAGR.Stock-Picking Thesis: He walked me through his detailed analysis for investing in companies like InterGlobe Aviation (IndiGo), Coromandel International, and VST Tillers.Long-Term SIPs: He told the incredible story of how a long-term SIP in the HDFC Flexi Cap Fund, started for his daughter, ultimately sponsored her master's degree in the US.Market Views: He gave his take on gold as an asset, the Quant mutual fund front-running crisis, and his optimistic outlook on WhiteOak Capital Mutual Fund.Advice for New Investors: He provided a clear framework for young investors, emphasizing the power of SIPs and warning against common pitfalls like NFOs and thematic funds.💡 Don’t forget to like, share, and subscribe for more such insightful conversations with top achievers from across the world!
➡ Recommend A Guest For Our Podcast Here - https://forms.gle/eotmhzWMx6KpJQH86➡ Join This Group To Be Invited To Future Offline KwK Events in Mumbai: https://chat.whatsapp.com/F3MbHDPwTwC...How does a trader move from the 93% of loss-makers to the elite 7%? In this episode, we are joined by renowned options trader Yogesh Nanda, who shares his 10-year journey. He details his "Lehman Crisis" story of turning ₹2 Lakhs into ₹18 Lakhs before greed wiped out all his profits and his capital. He explains how that failure became his greatest lesson, leading him to develop the disciplined strategies he now uses to trade a 5 Cr capital and achieve a 27-28% CAGR.Yogesh provides a masterclass on his most effective frameworks. He reveals his 3-condition IPO strategy for profiting after listing (since allotment is "pure luck"), using the "Listing Day High" rule that he finds works 60% of the time. He then demystifies options, explaining why a 40% success rate can be profitable and busting the myth that you need big targets. He details his "Iron Condor" and "Butterfly" strategies, sharing the exact math that allows him to target just 5 Nifty points a week for a 2.5-3% monthly return.💡 Don’t forget to like, share, and subscribe for more such insightful conversations with top achievers from across the world!
Comments
Download from Google Play
Download from App Store
United States