Diamonds in the Dust: Consistent Compounding for Extraordinary Wealth Creation: Consistent Compounding for Extraordinary Wealth Creation | Latest must ... | Self help, Investment Books by Penguin - Hardcover

Mukherjea Saurabh; Ranjan Rakshit; Desai Salil

Hardcover

ISBN 10: 0670095303 ISBN 13: 9780670095308

Publisher: Penguin, 2021

Synopsis

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.

About this title

About the Author

Saurabh Mukherjea, a fellow of the Royal Society of Arts and an alumnus of the London School of Economics, is the author of four best-selling books on subjects including investing, business strategy and self-improvement. Prior to Marcellus, he was the CEO of Ambit Capital and before that, the co-founder of Clear Capital (UK). Saurabh manages Marcellus Investment Managers.<br /><br />Rakshit Ranjan manages Marcellus's flagship Consistent Compounders fund. A B.Tech from IIT (Delhi) and a CFA charter holder, he has a total experience of over sixteen years in equity investing in UK and India. He is also one of the co-authors with Saurabh Mukherjea, of <i>Coffee Can Investing</i>.<br /><br />Salil Desai, a chartered accountant and MBA, has spent over sixteen years covering diverse sectors in the Indian equity markets, including at India's largest family investment office. He manages some of the large advisory portfolios at Marcellus.

Edition details

• Publisher: Penguin
• Publication date: 2021
• Language: English
• ISBN 10: 0670095303
• ISBN 13: 9780670095308
• Binding: Hardcover
• Number of pages: 256