Capital Protection: Margin of safety precedes return
Excellence: Excellence precedes
Law abiding: Compliance
Know what you don't know:
Stay within core, expand core
Patience & trust: Patience precedes impulsiveness
Customer first: Customer interest precedes everything
Reputation risk: Reputation precedes rewards
Resonating with the qualities of Carnelian*, Carnelian Asset Management, an investment management firm was founded by Vikas Khemani, Manoj Bahety, Sachin Jain, and Swati Khemani to pursue their passion towards investing in the capital markets. Carnelian’s mission is to help clients create and protect their wealth in the best optimal manner through investing in equities. Carnelian aspires to create a global scale asset management platform known for its values and expertise.
In the Carnelian world, we believe investing success is an outcome of making good decisions consistently over a long period of time. Good decisions are those which are made “Objectively, Free of any bias”, considering “Probability of outcome” and factoring “Risk reward”.
(*Carnelian is a semi-precious stone which stands for motivation, endurance, leadership and courage; it is believed to bring about prosperity and protect from negative energies)
We believe investing success is an outcome of making good decisions consistently over a long period of time. Good decisions are those which are made “Objectively, Free of any bias”, considering “Probability of outcome” and factoring “Risk reward”.
We believe investing in good growth businesses, managed by great management at fair valuation.
We have built a proprietary quantitative and qualitative model to filter out ideas.
We believe margin of safety doesn’t necessary lie only in price, but can be sought in detailed work.
We believe one can never make money on borrowed conviction.
We are happy to be contrarian when risk reward is compelling: mimicking herd = regression to mean
We believe in being patient and long term. Investing is like watching grass grow.
We prefer definite returns over immediate returns.
We don’t mind sitting on cash if we can’t find better use.