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Diamonds in the dust : consistent compounding for extraordinary wealth creation / Saurabh Mukherjea, Rakshit Ranjan and Salil Desai

By: Material type: TextTextPublication details: India Penguin Random House 2021Description: 301 pISBN:
  • 9780670095308
Subject(s): DDC classification:
  • 332.632 MUK-S
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Holdings
Item type Current library Collection Shelving location Call number Status Date due Barcode Item holds
Books Books BITS Pilani Hyderabad 330 General Stack (For lending) 332.632 MUK-S (Browse shelf(Opens below)) Available 43544
Total holds: 0

The essential manual on generating consistent returns from the Indian stock market by Saurabh Mukherjea, the bestselling author of Coffee Can Investing and The Unusual Billionaires.

Over the last few years, there has been a growing realization among Indians that their life's savings, the bulk of which are parked in physical assets like real estate and gold, are unlikely to help them generate sufficient returns to fund their financial goals, including retirement. At the same time, many have lost their hard-earned money trying to invest in financial assets, including debt and equities. Such losses have occurred due to many reasons, such as corporate frauds, weak business models and misallocation of capital by the companies in whose shares unsuspecting investors parked their savings. What options do Indian savers then have to invest in, and build their wealth?

Diamonds in the Dust offers Indian savers a simple, yet highly effective, investment technique to identify clean, well-managed Indian companies that have consistently generated outsized returns for investors. Based on in-depth research conducted by the award-winning team at Marcellus Investment Managers, it uses case studies and charts to help readers learn the art and science of investing in the US$3 trillion Indian stock market.

The book also debunks many notions of investing that have emerged from the misguided application of Western investment theories in the Indian context.

Vital and indispensable, this book will serve as the ultimate manual on investing and provide practical counsel to readers to achieve their financial goals.

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