कर्मण्येवाधिकारस्ते मा फलेषु कदाचन।
मा कर्मफलहेतुर्भूर्मा ते सङ्गोऽस्त्वकर्मणि॥
You have a right to perform your prescribed duties, but you are not entitled to the fruits of your actions. Never consider yourself to be the cause of the results of your activities, nor be attached to inaction.
– Bhagvad Geeta (2.47)
Welcome to Karmanye Capital!
Our approach towards investing is what Geeta prescribes. Focus on the work and the process, rather than the result. The result will take care of itself, if the process is right.
We strive to improve our learning and investing process constantly so that we can identify and avoid the pitfalls on our investing journey. We believe that avoiding the pitfalls is a major part of the journey of climbing the mountain.
We are both individual SEBI registered advisors. We collaborate on our stock ideas and talk to each other about how to analyse different industries and companies before landing upon an investable candidate. We work with our individual clients and help them make their stock portfolios as efficient as possible to earn a decent return.
Vineet has been working in the financial markets since 2006 and has nearly 12 years of investing experience. His journey started with doing arbitrage & options trading, but stopped when the field became competitive post 2008. The first investment was made in late 2007 just before the financial crisis of 2008. It is the experience of losing money in 2008 that pushed him explore history of investing and successful investors. He believes a lot of knowledge is available on successful investing and the one who is able to implement even a little of that knowledge, unemotionally, will be reasonably successful.
Vineet is a Chartered Accountant and Bachelor in Commerce ( Hons.) by education.
Varenya used to work at Deutsche Bank in their Singapore office before catching the bug of stock investing after reading about Warren Buffett and Charlie Munger. He wanted to try and learn as much as he could about the world of investing and took the plunge in early 2014 to work as a full time investor. Varenya received his SEBI RIA registration in July 2019 and ever since has been advising clients on their stock portfolios.
Varenya has a Masters in Business & IT from University of Melbourne