Coffee and Investing with Saurabh Mukherjea

Over the past few years, Indian consumer spending on foreign goods and education has risen drastically. With aspirations rising and our expenditure increasing in foreign currency, this creates the need for Indians to now start looking for investment opportunities abroad as well. This raises a question of which other free markets to invest in other than India?A US portfolio of such companies offers a free lunch that no other market offers to your Indian portfolio. Reason? They are the two least correlated equity markets globally.Tune into this podcast where Saurabh Mukherjea and Arindam Mandal help us understand the importance of asset allocation, the benefits of diversification and why the US should be your best bet to complement your Indian investments.

Over the past decade, not only have Indians borrowed at an increasing rate whilst their incomes have stagnated, but now they are also one of the most indebted people across the world (excluding mortgages), surpassing the US and China. Most worryingly, most of these retail loans are NOT for creating assets but for satisfying daily consumption needs. To put this in historical context, India’s NET household financial savings (as a % of GDP) is at its lowest level in the last 50 years due to a steep rise in household financial liabilities.

In this episode Saurabh Mukherjea and Arindam Mandal delve into the strategies, leadership, and operational excellence that have propelled this company to the top of the less-than-truckload industry. Join us for insights into their success and lessons for the US transportation sector.Disclaimer: The stock ODFL (OLD DOMINION FREIGHT LINE) described in the podcast is part of our Marcellus Global Compounders Portfolio(GCP), the strategy Marcellus GCP, which invests in the US and developed European markets, is managed by the IFSC Branch of Marcellus Investment Managers Private Limited from GIFT City and regulated by IFSCA. So, we as Marcellus, our clients and our immediate relatives have interest and stakes in the described stock. The described stock is for illustration and educational purposes only and is not recommendatory.The views and opinions expressed in this podcast are those of the speakers/authors and do not necessarily reflect the official policy. This podcast is for informational purposes only and should not be considered as financial, investment, or other professional advice. Copyrights for the discussed/presented books are exclusively reserved by the respective authors/publishers. The inclusion of any book does not imply endorsement or recommendation by the speaker or the producers of this video.The discussion may include references to investments in global markets. These references are not endorsements or recommendations and should not be construed as such.

Join Saurab Mukherjea and Deven Kulkarni as they explore the remarkable journey of Dr. Lal PathLabs, one of India's leading diagnostic and healthcare testing service providers. Discover how a single-location laboratory established in 1949 by Dr Major S.K. Lal transformed into a nationwide network of collection centers, revolutionizing healthcare diagnostics in India. In this episode learn more about how Dr. Lal PathLabs pioneered standardized diagnostic testing across India.

In this insightful discussion, financial expert Prashant Mittal, an alumnus of IIT Bombay and ISB, joins Saurabh Mukherjea to unravel the fascinating world of Hermès. They delve into the brand's rich history and its remarkable transformation into a global luxury icon. Key topics include Hermès’ strategic innovations, the significance of craftsmanship, and its unique position in the competitive luxury handbag market. The duo also discusses the challenges faced by luxury brands in a post-COVID landscape, emphasizing Hermès' resilience and premium valuation.

'Behold the Leviathan' is a book authored by host Saurabh Mukherjea and Marcellus Economist, Nandita Rajhansa which speaks multiple aspects about the Rise of Modern India.

Join Saurabh and Arindam Mandal as they unravel the captivating story of Copart, the leading used car parts marketplace in the developed world. Discover the strategic decisions and innovative approaches that have driven Copart's extraordinary growth. Learn about the company's unique business model and its impact on the automotive industry.

Join Saurabh as he brings on his colleague Jaibir Sethi as they take a deep Dive into the world of cutting-edge technology with our podcast focusing on ASML, the unsung hero of the semiconductor industry. ASML creates the advanced lithography machines that are crucial for manufacturing the world's most sophisticated computer chips.   The stocks Microsoft and ASML described in the podcast form a part of our Marcellus' portfolio. So, we as Marcellus, our clients and our immediate relatives have interest and stakes in the described stocks. The described stocks are for illustration and education purposes only and not recommendatory

Join Saurabh as he brings along his colleague Keshav Binani to explore the incredible compounding journey of HDFC Bank. Delve into how HDFC has steadily built a legacy of trust, innovation, and financial excellence, becoming a cornerstone of India's banking sector. Learn how the financial giant continues to set new benchmarks in the ever-changing world of finance. The stocks described in the podcast form a part of our Marcellus' portfolio. So, we as Marcellus, our clients and our immediate relatives have interest and stakes in the described stocks. The described stocks are for illustration and education purpose only and not recommendatory.

Join Saurabh and returning guest Tej Shah as they embark on a deep dive into the extraordinary compounding success story of Berkshire Hathaway, one of the world's largest conglomerates. They unravel the investment philosophies of Warren Buffett and the strategic decisions that transformed a struggling textile company into a global financial powerhouse. The stocks described in the podcast form a part of our Marcellus' portfolio. So, we as Marcellus, our clients and our immediate relatives have interest and stakes in the described stocks. The described stocks are for illustration and education purpose only and not recommendatory.