Selecting businesses

How to pick a company of your choice to invest in as a beginner

Before I start I want you to read this:

Even if you start with 1 Lakh, a kid who is starting at the age of 20 and goes on till 70 has a better chance to make it to 1Lakh Crore. The reason for starting early is because of the power of compounding is not as much about the rate but more about the longevity of the rate. I mean 25% is a very high rate but 25% in 5 years is 3 times, in 10 years it is 10 times, in 20 years it is 100 times and in 50 years it is 100,000 times.

– Raamdeo Agrawal, MD & Co-founder, Motilal Oswal