40% CAGR for 13 Years: Fund Manager Reveals Framework to Find 50X Stocks | Kushal Lodha #261

➡ 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...💡 Don’t forget to like, share, and subscribe for more such insightful conversations with top achievers from across the world!In this episode, Kushal Lodha sits down with Jeevan Patwa to trace his unconventional journey from a mechanical engineer and software developer to a successful fund manager. Jeevan opens up about his early trading mistakes during the 2005-2008 cycle that led to losing his capital multiple times, an experience that shaped his current "capital protection first" philosophy. He details his strict "elimination framework" for selecting stocks, explaining why he completely avoids cyclical sectors like steel and cement, as well as banking and NBFCs, to focus on businesses with sustainable competitive advantages.The conversation dives deep into Jeevan’s high-conviction investment themes, specifically his bullish stance on the CDMO (Contract Development and Manufacturing Organization) model across pharma, defense, and food industries. He provides granular case studies of his multi-bagger successes, including Suven Pharma, Manorama Industries, and Laurus Labs, illustrating the power of operating leverage and correct entry valuations. The episode concludes with his ambitious goal of targeting 50x returns over a decade and his advice for young investors to prioritize "compounding knowledge" over just compounding wealth.