“I have never bought a stock basis ROCE or ROE of a company. I use...

@Ronitper
CA Ronit Pereira@Ronitper
23 views Mar 27, 2026 ~1 min read
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“I have never bought a stock basis ROCE or ROE of a company. I use my ‘SMILE’ formula in identifying companies.”

- Vijay Kedia. 2018

3 Minutes of pure masterclass 👏🏻
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“In 2005 to 2007, oil prices increased from $40 to $100 and markets went up by 3 times.”

“In 2008, oil prices increased by 30% but stock markets fell from 21,000 to 15,000. So people try to justify things which don’t have any correlation or relevance.”

- Parag Parikh. 2011
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