60–70% CAGR for 9 Years… Here’s Exactly How He Did It | Kushal Lodha #298

➡ 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 power-packed episode of Konversation with Kushal, host Kushal Lodha sits down with **Mr. Sudhir Bheda**, Ace Investor and Founder of the Bheda Family Office, to decode what it truly takes to create real wealth in the stock market. From starting with small capital and turning conviction into crores, Mr. Bheda shares how deep research, understanding cash flows, enterprise value, and market cap helped him identify multibaggers like KPI Green, Zen Technologies, and others. He explains why investing is about buying businesses, not stocks, and how concepts like operating leverage, margin of safety, and management quality separate serious investors from the crowd. The conversation goes beyond stock tips and dives into mindset — why you must avoid lofty valuations, high leverage, and loss-making traps, why F&O is not for retail investors, and why “you can borrow money but you cannot borrow conviction.” Mr. Bheda also shares hard-earned lessons from losses, sector cycles, and spotting inflection points early whether in renewables, defence tech, or specialty chemicals. A masterclass in disciplined investing, risk management, and long-term wealth creation in India’s growth story. 💡 Don’t forget to like, share, and subscribe for more such insightful conversations with top achievers from across the world! #KushalLodha #SamirArora #InvestingWisdom #StockMarketIndia #WealthCreation #LongTermInvesting #FinancePodcast #InvestmentStrategy ➡ Order my book 'Acing CA' here: https://www.amazon.in/dp/8195816886?r... ➡ Order my book 'Unlocking Unicorn Secrets' here: https://www.amazon.in/dp/0143461605?r... Follow Kushal Lodha on Social Media: 📝 LinkedIn:   / kushallodha548   📷 Instagram:   / kushallodha548   📱 Twitter:   / kushallodha548   Follow guest on Social Media: 📷 Instagram:   / bhedasudhir   📱 Twitter: https://x.com/sudhir_bheda Timestamp: 00:00 Trailer & Introduction 01:54 CAGR 03:25 KPI Green Energy 14:58 Waaree Energies 23:45 Most Returns Earned on a Stock 34:07 Enterprise Value Or Market Cap ? 40:02 Privi Speciality Chemicals 43:40 Zen Technologies 52:22 Biggest Investment Losses 57:25 PVR INOX 1:00:30 10X Cashflow Criteria 01:03:56 Unit Economics of PVR 01:11:34 10 Rules of Investing for Beginners 01:20:02 What would Mr. Sudhir Ask himself ? 01:25:27 Conclusion 01:25:57 Outro #kushallodha