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Over the last few years, there has been a growing realization among
Indians that their life's savings, the bulk of which are parked in
physical assets like real estate and gold, are unlikely to help
them generate sufficient returns to fund their financial goals,
including retirement. At the same time, many have lost their
hard-earned money trying to invest in financial assets, including
debt and equities. Such losses have occurred due to many reasons,
such as corporate frauds, weak business models and misallocation of
capital by the companies in whose shares unsuspecting investors
parked their savings. What options do Indian savers then have to
invest in, and build their wealth? Diamonds in the Dust offers
Indian savers a simple, yet highly effective, investment technique
to identify clean, well-managed Indian companies that have
consistently generated outsized returns for investors. Based on
in-depth research conducted by the award-winning team at Marcellus
Investment Managers, it uses case studies and charts to help
readers learn the art and science of investing in the US$3 trillion
Indian stock market. The book also debunks many notions of
investing that have emerged from the misguided application of
Western investment theories in the Indian context. Vital and
indispensable, this book will serve as the ultimate manual on
investing and provide practical counsel to readers to achieve their
financial goals.
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