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Jan 3, 20247 min read
2023, a momentous year – reflecting on our journey…
As we embark on a bright 2024, we are delighted to take this opportunity to reflect on the growth, achievements, and significant milestones.
Dec 4, 20233 min read
Charlie - Our North Star
Greetings from Team Carnelian!!! In the history of mankind, there rarely comes a human being who single handedly & selflessly impacts the...
Nov 28, 20231 min read
Revisiting earnings, liquidity & valuation - Quarterly Catch Up
Listen to our founder Mr. Vikas Khemani revisiting earnings, liquidity & valuation of the markets.
Nov 9, 20237 min read
US recession, Geo-Politics – this time it is different.
Most investors agree that India is a great long-term story, but can it remain unscathed from these ongoing global issues and their outcomes?
Oct 12, 20237 min read
Show me the Margins!
Wealth creation and compounding are a function of three things - Quality of Business, Quality of Management and Reasonable price.
Sep 8, 20231 min read
Carnelian Quarterly Catch-Up
Listen to our founder Mr. Vikas Khemani speaking on what we invested in and where are we looking now.
Sep 8, 20239 min read
When to sell?? – An investor’s dilemma
Greetings from Team Carnelian!!! Just like in poker, knowing when to hold a hand and when to fold is crucial to every poker player’s...
Sep 1, 20235 min read
Value doesn't mean cheap; stay in companies that can deliver 18- 20% growth for a sustainable period
Vikas Khemani, Founder, Carnelian Capital Advisors, says: “Our average portfolio valuation is about 19-20 times PE and average portfolio...
Aug 16, 20230 min read
Aug 10, 20237 min read
We don’t find the market expensive – simplifying asset valuation…
“Price is what you pay and value is what you get” – Warren Buffett. It is a profound and straightforward statement, but only if the...
Aug 8, 20233 min read
Banks to remain a compounding story in this market: Vikas Khemani
"Growth is coming in a reasonably good proportion. Investment cycle has just picked up. So, you have both triggers of investment cycle as...
Aug 8, 20235 min read
We continue to remain quite positive on IT sector: Vikas Khemani
"Of course, there are some pockets of exuberance in mid and small cap space but one has to be careful and avoid those. Otherwise, in...
Jul 7, 20238 min read
CONNECTing dots
At Carnelian, we have created 2 strong pillars of our forensic framework: CLEAR & Connect.
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