The ongoing Cricket World Cup has us all sitting on the edge of our seats, watching the screen with rapt attention – celebrating every six and feeling disheartened at every wicket. I remember discussing a particular match with my friends,…

Ask any long-term investor, and they’ll tell you they look for businesses with moats. This term is so overused that if investors received a dollar each time they used it, they would have enough money to challenge even the strongest…

Legendary investor Warren Buffett once said, “We’ve long felt that the only value of stock forecasters is to make fortune tellers look good. Even now, Charlie and I continue to believe that short-term market forecasts are poison and should be…

In a football game, if you were to pick a minute at random, the odds of it being a rather uneventful would be quite high. This is because football games are typically characterized by long stretches of play where not…

Like most cricket fans who think that they know more than they really do, our equity research team over the past two months has been debating over what is best for the Indian cricket team. While we don’t have a…

A magician asks you to pick a card from a deck of playing cards, and not show it to anyone. Let’s say in this case the card you pick is the seven of diamonds. He then asks you to write…