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Diamonds in the Dust

Diamonds in the Dust

Consistent Compounding for Extraordinary Wealth Creation

Saurabh Mukherjea
,
Rakshit Ranjan
,
Salil Desai
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Indians want to invest in the stock market but are confused about how to do so. On the one hand they are told by advertising campaigns that ‘mutual fund sahi hai’, on the other hand they have learnt first hand that returns from investing in such funds are less than stellar. Similarly, while they are told by brokers and TV anchors that investing in blue chips results in good returns, they have seen first hand that their friends have lost large sums of money investing in once-upon-a-time blue chip stocks like Yes Bank, Reliance Power and Satyam. Following the advice given in American investment books, they think buying cheap stocks and/or smallcaps is the way forward, only to realize that investing in cheap Indian stocks is a trap and that most smallcap stocks in India flatter to deceive.

This book offers average Indians a simple yet highly effective investment technique to identify clean, well-managed Indian companies that have given incredibly effective and outsized returns to investors. The idea is to help people achieve their financial goals so that they can live a peaceful life post retirement.

Imprint: India Portfolio

Published: Jul/2021

ISBN: 9780670095308

Length : 256 Pages

MRP : ₹599.00

Diamonds in the Dust

Consistent Compounding for Extraordinary Wealth Creation

Saurabh Mukherjea
,
Rakshit Ranjan
,
Salil Desai

Indians want to invest in the stock market but are confused about how to do so. On the one hand they are told by advertising campaigns that ‘mutual fund sahi hai’, on the other hand they have learnt first hand that returns from investing in such funds are less than stellar. Similarly, while they are told by brokers and TV anchors that investing in blue chips results in good returns, they have seen first hand that their friends have lost large sums of money investing in once-upon-a-time blue chip stocks like Yes Bank, Reliance Power and Satyam. Following the advice given in American investment books, they think buying cheap stocks and/or smallcaps is the way forward, only to realize that investing in cheap Indian stocks is a trap and that most smallcap stocks in India flatter to deceive.

This book offers average Indians a simple yet highly effective investment technique to identify clean, well-managed Indian companies that have given incredibly effective and outsized returns to investors. The idea is to help people achieve their financial goals so that they can live a peaceful life post retirement.

Select Preferred Format

Saurabh Mukherjea

Saurabh Mukherjea is the founder of Marcellus Investment Managers and the bestselling author of Gurus of Chaos, The Unusual Billionaires and Coffee Can Investing. He was rated the leading equity strategist in India in polls conducted by Asiamoney in 2014, 2015 and 2016. A London School of Economics alumnus, Mukherjea is also a CFA charterholder.

Rakshit Ranjan

Rakshit Ranjan is the co-founder of Marcellus Investment Managers and fund manager of its flagship Consistent Compounders PMS. Rakshit spent six years (2005-2011) covering UK equities with Lloyds Bank (director, Institutional Equity Research) and Execution Noble (sector lead analyst). During these six years, he was ranked amongst the top-three UK Insurance analysts in the mid-cap space by the Thomson Reuters Extel survey.

Salil Desai

Salil Desai is a portfolio counsellor at Marcellus Investment Managers. Previously, Salil was with Premji Invest, India's largest family office by assets under management, where he spent six years as a senior member of the team that managed US$2bn in listed equities. Prior to that, Salil worked for IDFC Securities, a prominent equity brokerage in Mumbai, where he came to be known as one of India's leading analysts for core economy sectors.

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