Reading Time: 4 minutes COVID-19 has been the most unpredictable event there can possibly be. While most businesses have seen adverse impacts of the pandemic, Gold Finance companies have been standing tall throughout. Mr. V P Nandakumar MD & CEO of Manappuram on May 14th said, “Our past experience is that during periods of economic stress banks can really […]
Industry Map of the Gold Loan Industry – 10X10Y
Reading Time: 4 minutes There are multiple factors that directly and indirectly affect an industry. The Gold Finance industry is no different, there are quite a few of such factors. While researching an industry, it becomes extremely important to have an understanding of such factors and the impact of such factors on our industry. It is for this reason […]
Value Chain of the Gold Loan Industry – 10X10Y
Reading Time: 6 minutes A value chain depicts the range of activities included to deliver a product or service to the customers. It helps you understand how value flows through the entire process from origination to the end. To understand any industry, it becomes essential to understand who your suppliers are and who your customers are. On the other […]
An Overview of the Glittery Gold Loan Industry – 10X10Y
Reading Time: 8 minutes Gold in India Gold enjoys a vital place in the hearts and homes of Indians and is often considered as being representative of their financial security, social status and cultural legacy. Gold has traditionally been a liquid asset and universally accepted commodity that has seen its value appreciate over the decades. It comes as no […]
BFSI Industry Dismantled – 10X10Y
Reading Time: 10 minutes Back in the day, the Financial industry was simply classified into Banking and Non-Banking. However, with the exponential growth of the industry over the last decade, every sub-industry has made a name for itself. Thus, a more structured name propped up, called the BFSI Industry. BFSI stands for Banking, Financial Services and Insurance which gives […]
Industry Language – 10X10Y
Reading Time: 13 minutes In my previous article, I calculated the Economic Profit of multiple Industries and their segments. The final calculations resulted in the Gold Finance segment emerging victorious in the NBFC space with the highest profitability; an Economic Profit of a stunning 16.82%. This also helped me reach the conclusion on which company i shall be doing […]
India’s celebrity fund manager who’s making value investing look sexy. – 10X10Y
Reading Time: 2 minutes Saurabh Mukherjea is the Founder and Chief Investment Officer of Marcellus Investment Managers, India’s Fastest growing PMS (Portfolio Management Services) players in India. Marcellus was incorporated in August ’18 and in six months had close to 36 crores in AUM (Assets under Management). Upon getting in touch with one of the key members at the […]
Economic Profit, this is what matters – 10X10Y
Reading Time: 13 minutes In my last writing we calculated the cost of equity, which is nothing but the opportunity cost of capital. Here, is an attempt to go further and calculate Economic Profit. Profit is the income earned minus the cost incurred but Economic Profit is the income earned minus the opportunity costs of the capital employed by […]
The Ideal Benchmark Your Investment Decisions Should Live By – 10X10Y
Reading Time: 8 minutes Let’s begin with why 12%, why did they always consider that figure. No businessman likes to keep his cash idle. Today, we have a lot of investment options, both for short and long period, like overnight debt funds, short and long-term mutual funds, FDs, etc. to invest in and earn that extra buck. Back in […]
Hertz & its Robinhood Traders – 10X10Y
Reading Time: < 1 minute Hertz is a 100-year-old American car rental company founded in 1918. It joins the roster of other iconic brands that have filed for bankruptcy like JC Penny, J. Crew, Gold’s Gym, Whiting Petroleum etc. The company lost 85% of it’s Market Capitalization in a single trading day on 26thMay, when it was publicly announced that […]
How to avoid common mistakes and uncommon losses – 10X10Y
Reading Time: 13 minutes We all think timing is very critical when investing in the market. There are two misconceptions: Bull Markets are all rosy Bear markets are bad In a bull market, we forget all rationalities, we don’t research much and are in a hurry to invest due to the fear of missing out and creating quick money. […]
How The Economy Machine Works by Ray Dalio – 10X10Y
Reading Time: 6 minutes Economy might seem complex, but works in a simple, mechanical way. It’s made up of simple parts and a lot of simple transactions repeated over and over again. They create three main forces that drive the economy, (i) Productivity Growth (ii) Short Term Debt Cycle (iii) Long Term Debt Cycle We’ll look at these three […]
Circle of Competence – 10X10Y
Reading Time: 3 minutes The dictionary defines competence as the ability to do something successfully or efficiently. You can either be born with a certain competence or you develop it over time. Steph curry, the two-time NBA MVP (most valuable player) was born with it. He was the son of a professional basketball player and showed extreme competence in […]
Debt Mutual Funds, covering all that you don’t know – 10X10Y
Reading Time: 6 minutes I recently heard a podcast featuring Deepak Shenoy, the brilliant founder of Capital Mind. The one hour podcast covered almost everything about Debt Mutual funds that one needs to know about, as an outsider. To get started, most of us majorly deal with equity, but yes there exists debt mutual funds and it isn’t all […]
is printing money a free lunch for everyone? – 10X10Y
Reading Time: 5 minutes India is in the midst of an economic crisis. For every similar situation India faces, everyone precisely has these three suggestions for the government, The government should reduce interest rates. The government needs to spend more money. And if the first two don’t work, print more money for the government to spend. Having taken the […]
Sorrento Therapeutics – 10X10Y
Reading Time: < 1 minute Shares of Sorrento Therapeutics, a small pharma company based out of California, rose as much 344% intraday, on Friday after the company claimed that it has found an antibody that could potentially treat SARS-CoV-2, the virus that leads to COVID-19. While this is promising, the company still has to go through human trials and FDA […]