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Snowball
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Snowball Capital Investment Advisors LLP advises clients on investing in public equities in Indian markets. It is registered with SEBI as an Investment Advisor (INA200002544) and is subject to its rules & regulations.
Founded by Shalabh Agarwal, who after spending almost a decade in the equities industry quit his steady & lucrative job in one of the best mutual fund houses in India to follow his passion of value investing! |
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We believe in Compounding
Our motto is to 'COMPOUND'. We are greatly motivated & influenced by Einstein on the power of compounding.
It is not difficult to see that mathematically, that
A CAGR of 26% over 3 years doubles the investment:
1x(1+26%)^3 is approximately equal to 2; this if compounded over 30 years would double 10 times, implying 2x2x2x2…..10 times: 2^10 = 1024 (that > thousand times).
This would mean that a million can potentially become a billion over 30 years if compounded (without any addition of incremental capital).
Now this is the power of compounding! This can also be captured in the table with different values of returns over different periods of time: |
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As can be seen, 26% for 30 years is more than 1000x. Well easier said than done & which is why we believe that investing through stock markets in more a game of discipline & patience.
Shalabh Agarwal
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A strong desire to unravel the stock market mystery, led Shalabh to read varied literature on investing.
It was all quite confusing till he came in contact with Warren Buffett through his annual letters & books written on him. Since then Shalabh has been an avid follower of the Value Investing philosophy.
Shalabh has a professional experience of a decade in the equities related domain including seven years as a 'buy-side' analyst in the Indian mutual fund industry. He graduated as a Mechanical Engineer from IIT Delhi and went on to acquire an MBA from IIM Bangalore. |
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