The COMPLETE 2025 Investment Guide! | Ft. Sankaran Naren | KwK #191

In this high-value episode, Kushal Lodha sits down with S. Naren, the legendary investor and Chief Investment Officer at ICICI Prudential. With over ₹8.5 lakh crores under management, Naren opens up about his early investing journey, best and worst investment decisions, and why past returns can be the biggest trap for retail investors. We cover the power of contrarian thinking, the importance of macroeconomic awareness, and the misunderstood role of cycles in investing. From deploying ₹10,000 Cr during the 2020 crash to warning about overhyped asset classes in 2025—this is a masterclass in long-term wealth building. Watch till the end for Naren’s book recommendations, lessons from Howard Marks & Buffett, and why investing should be taken as seriously as education. 👉 If you found this insightful, hit subscribe and share it with someone who needs investing clarity! #Kushalodhapodcast #InvestingWisdom #AssetAllocation #ICICIMF #FinancePodcast ➡ 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 KAGR Club on Social Media: 📝 LinkedIn:   / kagr-club   📷 Instagram:   / kagrclub   Timestamps: 0:00 – Introduction 2:02 – How He Entered the Investment World 4:20 – Why He’s Obsessed With Numbers 5:37 – His Best and Worst Investments Ever 9:40 – What Went Wrong With Tea Industry? 12:18 – Key Factors Before Choosing Any Stock 14:13 – Strong Investment Framework You Must Follow 16:43 – How to Judge Company Management 19:37 – Mastering the Art of Market Cycles 26:12 – Should You Invest in Gold or Silver? 31:32 – How to Think Like a Contrarian 34:43 – Ideal Asset Allocation for Investors 36:10 – Is Real Estate Still Worth It? 39:10 – Must-Know Mutual Fund Investment Checklist 41:23 – Crucial Factors Before Investing Anywhere 42:57 – How Harvard Shaped His Thinking 44:38 – Top Investors He Admires Deeply 49:26 – Client Story 51:08 – Money Management Principles They Live By 51:50 – Sectors He’s Bullish On in 2025 52:34 – India’s Market and Growth Potential 54:23 – Best Asset Classes to Invest In 55:35 – How His Relationship With Money Changed 58:19 – Top 3 Investment Books To Read 59:05 – Where He Gets His Knowledge From 1:01:25 – The Biggest Turning Point in His Life 1:05:26 – Learnings From Countries Around the World 1:06:50 – Final Question #kushallodha