This chapter discusses the speakers' initial obsession with capital allocation and how it took them some time to realize its importance in investing. They use the example of ITC, a company struggling to effectively deploy their cash despite their dominance in the industry.
Saurabh Mukherjea is the founder and CIO of Marcellus Investment Managers and author of notable books like Coffee Can Investing and Diamonds in the Dust. In this episode, Saurabh talks about the opportunities in investing in India and the wealth creation that lies ahead for those prepared to benefit from the same.