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    • Home
    • Services & FAQ
    • Process & Performance
      • Investment Process
      • Historical Performance
    • Content Library
      • Business Analysis
      • Blog and Musings
      • Newsletters
    • About
      • Founder
      • In the Media
  • Home
  • Services & FAQ
  • Process & Performance
    • Investment Process
    • Historical Performance
  • Content Library
    • Business Analysis
    • Blog and Musings
    • Newsletters
  • About
    • Founder
    • In the Media

Evaluating Business Quality & forming an investment thesis


Analysis of businesses, sectors, themes, macroeconomic views and the like. Business analysis is the first step in any form of investing (equity, debt, private market), everything else builds off this step. 


The macroeconomic scenario sets the context/environment in which one needs to view these businesses. The same business can vary in quality based on where we are in the macroeconomic cycle. In investing context is everything. Unless this is tuned in, one wastes times debating about things like Value Vs Growth without getting to the crux of what they mean in the current context.


Putting these together and forming a coherent investment thesis is both an art and a science. We focus on the science part in this section.

The latest publication can be viewed/downloaded from the link below. 


The next section on this page contains the archives of all previous publications

Download PDF

Publication Archive

A salesman approach to Business Analysis (pdf)Download
Why entry valuation should matter (pdf)Download
Dealing with FOMO - Flash Note (pdf)Download
Second wave and impending lockdowns - Flash Note (pdf)Download
Governance Checks - The art of not being a fool (pdf)Download
The decade that went by (pdf)Download
Disruption - Thinking Deeper (pdf)Download
Business Analysis Series - Part III - Putting it all together (pdf)Download
Business Analysis Series - Part II - Competitive Landscape (pdf)Download
Business Analysis Series - Part I - Assessing Unit Economics (pdf)Download
Asset Management and Wealth Management (June 2019) (pdf)Download
Making sense of Macros - Inferential Reasoning (Jan 2018) (pdf)Download

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Disclaimer

 None of the content here constitutes investment advice since it is not specific to an investor context. The focus is on the investment process and on understanding Indian businesses through real examples, not on stock recommendations or specific investment products.  


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October 30, 2022

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