How bad incentives and motivations can kill companies despite hugely untapped potential.Read More
How continental coffee is using the secrets of range architecture to conquer the Indian coffee market.Read More
Without correct facts your instincts as well as your process will be wrong. This book shows you simple ways to separate fact from fiction.Read More
How the undisputed popcorn king is planning to get himself a new throne in the cereal space and what’s been holding him.Read More
Har baap ka sapna, bas SETTLE ho jaye beta apna ! (completing the man !) A note on Raymond Franchise Stores.
India is a land of the plenty, unlike the US, not of opportunities, but of money. Every businessman daddy is trying to “settle” his beta with an enterprise. Being huge fans of rentRaymond has a target to open 300 mini-franchise stores in the next one year. I am of the opinion that not only will…Read More
From dealing with uncertainty, decision making, understanding and recognising your and public stupidity, negotiation, using intuition, defining losses, the difference between probability and possibility, controlling emotion while reasoning – this book has it all. Take your time in chewing on this. Probably the best book in psychology that I will ever have read. The Insider…Read More
Whenever there is wild spread ambiguity, i remember Pabrai’s distinction between risk and uncertainty loud and clear. In this specific case, the loan book concerns were about mortgage worthiness (risk) and cash flow/interest payments (uncertainty ). Piramal seems to have put off taking calls from investors all these years as the entire group structure itself…Read More