"Investing Should Be BORING" — Deepak Shenoy | Capitalmind Founder

Deepak Shenoy started his first company in 1998 from Malleshwaram, Bengaluru — with no money and no experience. Seven years later, he fired himself as CEO because the company wasn't growing. He borrowed money from his wife to buy a fridge. Today, he's the founder of Capitalmind, managing over ₹2000 Crore, and the author of Money Wise, one of the most recommended investing books in India.In this episode, Deepak shares his raw, unfiltered entrepreneurial journey, from building an accounting software called Agni Finac, surviving the 2008 Lehman crash in Mumbai, losing all his personal money by going against his own system, to finally building Capitalmind into a SEBI-registered mutual fund house from Bengaluru.He also breaks down practical investing wisdom: why investing should be boring, how to spot red flags in stocks, why most people in the stock market are gambling without realizing it, the 1000-day Marwadi rule for startups, and whether AI can replace financial advisors.Whether you're a first-time investor or a serious entrepreneur — this conversation will change how you think about money.🎙️ Guest: Deepak Shenoy — Founder, Capitalmind | Author, Money Wise🎤 Hosts: Vasant & Kiran | Mundhe Banni Podcast--------------Support Mundhe Banni: https://mundhebanni.org/en/patronFollow Mundhe Banni on Social Media:Instagram: https://www.instagram.com/mundhebanni?igsh=MWMwOXQyenNjaWIwaA==https://linktr.ee/mundhebanniMundhe Banni Website: www.mundhebanni.orgFor Monthly Update on Startups & Entreprenuership in Kannada Subscribe to Mundhe Banni Newsletter:https://mundhebanni.org/newsletterJoin Mundhe Banni WhatsApp Community: https://chat.whatsapp.com/DOcdDdTum1t5X5qsdzUZxO--------------00:00-Trailer01:56-Mundhe Banni Intro,Why This Podcast Exists05:25-Before Capitalmind,Where It All Started09:07-“I Fired Myself",Founder Reality Check12:20-The Expiry Date Rule for Startups16:02-Moving to Mumbai — The Big Career Bet24:15-Trusting Systems vs Breaking Them Yourself29:37-Lehman Collapse,When Everything Changed34:01-Patriotism vs Business — A Tough Lesson42:34-Why Every Startup Needs an End Date49:39-Naming Capitalmind & Moving to Bengaluru57:00-AI in Finance — Threat or Opportunity?01:05:49-Trading vs Gambling — What’s Really Happening01:16:30-“Investing Should Be Boring” — Why It Works01:16:48-Capitalmind Mutual Funds — Strategy Explained01:25:17-Personal Finance Rapid Fire01:32:55 Stock Market Red Flags You Must Know01:35:53-Nifty 2030 — What Could Happen?01:43:10-Personal Favourites — Life Beyond Work