'Our travel agent put us up in the Leela Hotel, which is probably the best hotel I have ever stayed in; it makes The Four Seasons look like the three seasons.'

I somehow missed this absolutely terrific piece by Vitaliy Katsenelson last week.

open.substack.com/pub/vitaliy/p/…

'Equities as an asset class is long term, sectors and stock are not long term' youtu.be/BhnZoluz5oQ

Book excerpt | How Sandeep Bakhshi set aside hierarchy and reset ICICI Bank's culture after Chanda Kochhar's exit Moneycontrol moneycontrol.com/news/trends/fe…

My Value Investing Blueprint class of 2022 FLAME University. There are very few places in life I have not been a back-bencher. This is one of them. So, a great feeling being there after a gap of 4 years.

Business Analysis Post 2: Historical Return Analysis to settle the question of whether ONLY quality companies provide great returns?
6 Case Studies Explained: PSU index, Balrampur Chini, Steel Authority of India, HUL, Infosys, Castrol (1/n)

We were proud to have Amit Mantri , Fund Manager of 2Point2 Capital for a guest talk at our academy.

CFO of CarTrade in Q2FY22 call when asked by a participant on CarTrade getting lower valuations as compared to their peers...

Watch ball, not scoreboard Buggy Human

Guessing game time. Check out this 'cash burner'. Can you guess what company it is? It is super well known. Note the dates on the chart.

Here's our FY 21-22 Semi-Annual Partners Letter. We think it is an effective 'DMZ Partners Owner's Manual' for our family, friends & acquaintances who have invested alongside us. I hope you enjoy reading it as much as I did writing it!

dmzpartners.in/Documents/File…

Interesting point from recent analyst meet of DMart where the CEO talks about their strategy of being 'shameless copycat'... Very similar to Sam Walton's thought process ...

Vinod Sethi's brilliant advice to youngsters, in The One Percent Show.

Watch the full episode here - youtu.be/XaeHws7FvCo

Top Alternative Data for Investors

Weng and myself collaborated to identify the Top 12 Non-financial metrics and datasets retail investors can use to gain an edge.

In this thread, we break it all down:

21/ Buffett: If present zero rates rates of interest on risk free US treasuries are appropriate and last, big tech companies are bargains. Big tech has an ability to deliver cash that makes their valuation very cheap. Big tech companies do not require lot of capital and gush cash