India's three of India's rating agencies are controlled out of companies. Moody's, Stylen and Paul's and Fitch used to be controlled out of Paris but it is all now now also in the United States. The largest homegrown ratings agency that is not foreign controlled is care ratings. "I ask myself if I'm an African issuer from Angola or from Nigeria"
Guy Spier is the founder and investment manager at Aquamarine Capital, and author of The Education of a Value Investor, which is one of the best books I have read about someone’s personal journey in life, business, and investing. In this episode, we talk about Guy's idea of investing in stocks for the long term, power of using investment checklists, the India opportunity, and much more.