The capitalist world is a Boston Marathon that never ends – there is no respite at the end of a punishing two-hour race. The race goes on and on and on and on and on: 24 hours × 7 days a week × 365 days a year. It’s unending, unrelenting, unforgiving.
– from What I Learned About Investing from Darwin book by Pulak Prasad
Tag: Quotes by Pulak Prasad
In this complex, unknowable, and uncertain …
In this complex, unknowable, and uncertain world, we are not trying to make the best investments since we are in the dark about most things. We don’t know what the best investment would be. Instead, we are simply trying to invest well. These are very different ways of investing and lead to radically different investment models. Our model – that of investing well – tries to achieve just one objective amid uncertainty: increase the predictive accuracy of our investments.
– from What I Learned About Investing from Darwin book by Pulak Prasad
We at Nalanda love stable, predictable …
We at Nalanda love stable, predictable, boring industries. Give us electric fans over electric vehicles, boilers over biotech, sanitaryware over semiconductors, and enzymes over e-commerce. We like industries in which the winners and losers have been largely sorted out and the rules of the game are apparent to everyone. For everything else, thanks, but no thanks.
– from What I Learned About Investing from Darwin book by Pulak Prasad