Raamdeo Agrawal: Buffett's 15-Stock Philosophy Unlocked Compounding

• Raamdeo Agrawal's investment strategy was transformed by Warren Buffett's philosophy of concentrated portfolios and compounding.
• He transitioned from a 225-stock portfolio to a focused 15-20 stock basket in the mid-1990s, leading to his portfolio doubling.
• Agrawal now advocates for owning fewer companies with significant allocations (4-10% per stock) to maximize impact.
• His understanding of long-term wealth creation and compounding deepened after reading Buffett's annual reports.
• Agrawal identifies high-quality, high-growth companies at low valuations, but admits he initially underestimated compounding's full power, citing Balkrishna Tyres as an example.

Why It Matters: It highlights a successful investment strategy for long-term wealth.