What I Learned About Investing from Darwin, by Prasad, Pulak, Brand...

Description: What I Learned About Investing from Darwin Paperback and English DescriptionThe investment profession is in a state of crisis. The vast majority of equity fund managers are unable to beat the market over the long term, which has led to massive outflows from active funds to passive funds. Where should investors turn in search of a new approach?Pulak Prasad offers a philosophy of patient long-term investing based on an unexpected source: evolutionary biology. He draws key lessons from core Darwinian concepts, mixing vivid examples from the natural world with compelling stories of good and bad investing decisions―including his own. How can bumblebees’ survival strategies help us accept that we might miss out on Tesla? What does an experiment in breeding tame foxes reveal about the traits of successful businesses? Why might a small frog’s mimicry of the croak of a larger rival shed light on the signs of corporate dishonesty?Informed by successful evolutionary strategies, Prasad outlines his counterintuitive principles for long-term gain. He provides three mantras of investing: Avoid big risks; buy high quality at a fair price; and don’t be lazy―be very lazy. Prasad makes a persuasive case for a strategy that rules out the vast majority of investment opportunities and advocates permanently owning high-quality businesses.Combining punchy prose and practical insight, What I Learned About Investing from Darwin reveals why evolutionary biology can help fund managers become better at their craft.About the AuthorPulak Prasad is the founder of Nalanda Capital, a Singapore-based firm that invests in listed Indian equities and manages about $5 billion. He was previously the cohead of India for Warburg Pincus, a global private equity firm, and worked at the management consulting firm McKinsey for several years. Notes Import Duties or Taxes Please Note Import Duties taxes, Vat, quarantine fees, address change fees, or any other taxes are not included in the item price or in shipping charges. These charges are the buyer's responsibility. You are requested to please check with your country's custom office to determine what these additional cost or taxes etc before bidding / buying this item(s)We do not have any control on customs charges or custom clearance time or on any other charges; hence, the delivery time is for reference only. Sellers are not responsible for shipping service transit times. Transit times may vary particularly during peak periods.Customs duty fees are normally charged by the shipping company or collected when they deliver the parcels.Feedback Please leave us feedback as every positive feedback goes a long way to help us serve you better .If you have any concerns regarding your purchase, please contact satisfactory resolution will be reached. If you like our product tell others, if not tell us, we will do our best to deliver as per commitment. Our first priority is buyer’s satisfaction and we always ready to take every possible steps in buyer favour. For Any Query Please Contact Us Thanks for Visiting our StoreShopping Solution

Price: 10.85 USD

Location: Jamaica, New York

End Time: 2024-07-25T06:49:17.000Z

Shipping Cost: 0 USD