The Journey of Sanjay Bakshi===

Sanjay Bakshi’s journey from a professor to a successful value investor is nothing short of inspiring. He is widely regarded as one of the most successful investors in India, with a track record that speaks for itself. His journey is a testament to the fact that it is never too late to make a career switch, and with hard work and dedication, anything is possible.

===From Professor to Value Investor===

Sanjay Bakshi started his career as a professor of finance and accounting at MDI, Gurgaon. He spent over two decades in academia, teaching and researching. However, he realized that he was not finding fulfillment in his academic career, and he wanted to explore other avenues.

===An Inspiring Career Switch===

Sanjay Bakshi’s decision to switch careers was not an easy one. He had to overcome his fear of the unknown and take a leap of faith. In an interview, he said, “When I decided to move from academia to investing, there was a sense of risk-taking involved. I had to give up a lot of material things that I was comfortable with.”

===The Early Days at MDI===

Sanjay Bakshi’s academic career was not without its challenges. He faced opposition from some of his colleagues, who did not share his passion for teaching and research. However, he persevered and remained committed to his work. He was also instrumental in setting up the Centre for Behavioural Finance at MDI, which was one of the first of its kind in India.

===Finding Inspiration in Warren Buffett===

Sanjay Bakshi’s interest in investing was sparked by his fascination with Warren Buffett’s investment philosophy. He was drawn to Buffett’s long-term approach to investing, which emphasized the importance of patience, discipline, and a focus on fundamentals. He studied Buffett’s writings and speeches extensively and used them as a guide in his own investment journey.

===Transitioning to Investing===

Sanjay Bakshi’s transition from academia to investing was a gradual one. He started by managing his own portfolio and learning from his mistakes. He also started writing about his investment ideas on his blog, Fundoo Professor, which gained a following among investors in India.

===The Importance of Patience===

Sanjay Bakshi believes that patience is a key ingredient in successful investing. He once said, “Patience is not just about waiting for the right opportunity, it’s also about having the discipline to stay the course when things get tough.” He is known for his long-term approach to investing and his willingness to hold onto his investments even during periods of market volatility.

===Learning from Success and Failure===

Sanjay Bakshi is a firm believer in the power of learning from both success and failure. He has written extensively about his investment successes and failures on his blog, and he encourages investors to learn from his experiences. He once said, “Success can be a dangerous teacher, but failure can be a great one.”

===Investing Philosophy and Principles===

Sanjay Bakshi’s investing philosophy is grounded in the principles of value investing. He believes in investing in high-quality businesses with strong competitive advantages, and he looks for companies that are undervalued by the market. He also emphasizes the importance of understanding the psychology of the market and the behavioral biases that can lead to irrational decision-making.

===Advice for Aspiring Investors===

Sanjay Bakshi has a wealth of advice for aspiring investors. He encourages them to focus on the fundamentals of investing, to remain patient and disciplined, and to be willing to learn from both success and failure. He also emphasizes the importance of developing a strong network of like-minded investors and mentors.

===Achievements and Impact===

Sanjay Bakshi’s achievements as an investor are impressive. He has consistently outperformed the market over the long term and has built a reputation as one of India’s most successful investors. He has also had a significant impact on the investing community in India, inspiring many young investors to follow in his footsteps.

===A Journey Worth Remembering===

Sanjay Bakshi’s journey from a professor to a successful value investor is a story that is worth remembering. It is a reminder that with hard work, dedication, and a willingness to learn, it is possible to achieve great things. Sanjay Bakshi’s legacy will continue to inspire generations of investors to come.