July 2022

• Case studies in select American businesses.
• Connection between growth, reinvestment and returns on capital.
• Business transitions, recurring revenues, relationship with valuation.
• Intelligent capital allocation in capital intensive industries.
• Key ideas from books.
• Competitive Strategy: “7 Powers” by Hamilton Helmer.
• Business and leadership ideas inspired by Naval Ravikant and others.

Those who are open to learning, even if they have been investing in listed securities for many years, as well as those who are new to public market investing, should consider applying for this program.

No stock tips will be given. No case studies in Indian businesses. The program is about developing the right thinking style to become more rational. While this has many useful applications and investing wisely is one of them, if you are contemplating attending this workshop to find ways to get rich quickly, then please do not apply as you will be disappointed.

This program is for curious, open-minded participants who have a deep interest in value investing. This interest will be evaluated in the application materials submitted by the participants. The program is not suitable for traders or for people looking for stock tips.

• INR 20,500 plus GST (INR 24,190) which includes tuition, course materials, meals and on campus accommodation.
• Fee does not include travel and other incidental expenses.
• Candidates need to submit the application form online and mail the payment to FLAME. Only cheques will be accepted as a payment method.
• The cheque payment must reach FLAME by the application deadline. Kindly note, even if the application is submitted, but the payment does not reach FLAME by the application deadline, the application will be deemed incomplete and annulled.
• Cheques should be made payable to ‘FLAME University’.
• Cheque should be dated May 2, 2022. Candidates should write their name and the program they have applied for behind the cheque.
• Cheques should be mailed to ‘FLAME University, Gat No. 1270, Lavale, Off. Pune Bangalore Highway, Pune - 412115, Maharashtra, India.

• In the event that FLAME University is unable to provide the program, all fees will be fully refundable.
• For selected candidates:
  • If request for cancellation is received before and upto June 18, 2022, 50% of the fee paid shall be refunded. GST on cancellation will be applicable.
  • If request for cancellation is received after June 18, 2022 but upto July 2, 2022, 25% of the fee paid shall be refunded. GST on cancellation will be applicable.
  • There will be no refund if cancellation is made on or after July 2, 2022.

FLAME offers 60 acres of tranquil space, just 13 kms. from the Pune University main gate. It is an eco-friendly campus adjoining a 18-hole golf course. FLAME has an international sized cricket ground, football, tennis, basketball and volleyball courts, outdoor Olympic sized swimming pool, track and field, futsal and handball at their disposal. A fitness and conditioning studio, badminton courts, billiards tables, squash courts, table tennis, carrom and chess ensure that FLAME’s sports facilities are second to none.

Its academic spaces include lecture theatres, conference rooms, a library, a performing arts studio, a visual arts studio, a sculpture studio, Physics, Chemistry and Biology labs, and amphitheatres. Some of the other amenities include cafes, Wi-fi connectivity, an infirmary and an ambulance in case of emergency.

During the duration of the program, participants are encouraged to explore the campus and use the facilities FLAME offers.