Implications of re-pricing of credit risk in India
India has implemented two significant regulations in the recent past. GST and the Bankruptcy Code. We argue that a third one is on the way which will lead to Re-pricing of Credit risk
Read MoreA perspective on FMCG valuations
The best businesses are those that can grow predictably while generating cash and can grow without any or very little reinvestment of this cash.
Read MoreHigh Noon for wholesale funded NBFCs
In our Q2FY18 letter dated 4 July 2017, we had made the following observations
Read MoreShould one add to equity exposure at present?
Markets have done well over the last 12 months with the NIFTY up ~ 25%. A common question we encounter at present is whether one should add to their Equity exposure at present.
Read MoreAre you aware of the risk in your Debt Investments?
The money one does not want to risk Capital loss on is typically invested in Debt instruments. However, Debt Mutual funds have schemes that invest across varied risk spectrums.
Read MoreIs this the right time to deploy capital in Equity Markets? An answer it yourself guide
The most common question Investment Managers get are “Is this a good time to enter equity markets?” and “where do you see the markets headed from here?”
Read MoreI can think. I can wait. I can fast
Read More“I can think. I can wait. I can fast”
Siddhartha, Herman Hesse
Repetition of truths
Read MoreTruths need to be repeated many times so that they don’t lapse into oblivion
– José Saramago, Nobel Prize winning novelist and journalist
What do you believe in?
Read MoreThe first principle is that you should not fool yourself, and you are the easiest person to fool
– Richard Feynmann
The impending value migration
Read MoreIt was the best of times, it was the worst of times
– Charles Dickens, A Tale of Two Cities