Nestlé India

Cerelac is a brand of instant cereal made by Nestlé. The cereal is promoted for infants 6 months and older as a supplement to breast milk when it is no longer the sole item in an infant’s diet. I got introduced to the Cerelac brand in the early 80’s when my mother was feeding it…

Markel Corporation

Markel Corporation is a specialty property and casualty insurance company headquartered in Richmond, Virginia. Markel started its operations in 1930 by writing insurance for makeshift taxi cabs, also known as jitneys, in Virginia. Over the following decades the company grew along with the growing transportation industry as the country developed automobiles trucks and interstate highways. The…

Eicher Motors Limited

All successful investors have one thing in common. They are passionate in reading the annual reports of several businesses including the ones they don’t want to invest in the near future. Consider the case of Warren Buffett, who was reading the annual reports of IBM and Bank of America for 50 years before buying a…

Bajaj Auto Limited

I love reading the posts written by John Huber, who runs a fantastic blog called Base Hit Investing. I highly recommend you to read his latest post on Focusing on the Investment Process. In it, he writes, “I have found (and others have too I think) that writing improves comprehension and helps you retain more information. It…

On Lending Business – 1

For a software engineer like me it has been a constant struggle to understand the financial statements of lending businesses like banks and NBFCs. Early this year, I came across this book which improved my knowledge on lending businesses leaps and bounds. Few days back my friend Vishal analyzed the annual report of a lending company. You can…

Three Edges to Beat Mr. Market

Around 93 percent of the U.S. students estimated to be “above average” drivers. And 68 percent of the faculty at the University of Nebraska rated themselves in the top 25 percent for their teaching abilities. Majority of the students and faculties sincerely believe that they are better than the average. But the iron law of mathematics…

Repco Home Finance

Abraham Maslow was an American psychologist who was well known for creating Maslow’s hierarchy of needs pyramid. He studied the behaviors of exemplars like Albert Einstein. And wanted to understand why some people could attain such unbelievable heights, while so many others continue to struggle. He explained this difference with hierarchy of humans needs pyramid.…