209: Neeraj Monga – Contrarian Stances on Fundamental Inflection Points

This podcast episode delves into the intricacies of independent research, highlighting its critical value for long-only investors who prioritize careful analysis and risk management to avoid potential losses. Neeraj shares insightful case studies—including Kingfisher Airlines, Reliance Communications, BlackBerry, and Tesla—demonstrating the importance of recognizing financial discrepancies, governance issues, and market inflection points. His experiences underscore that informed, contrarian perspectives, coupled with a fundamental approach to large-cap investments, can lead to profitable opportunities while cautioning against the disconnect between stock prices and underlying values in the market.