Over the last few years, there has been a growing realization among
Indians that their life’s savings, the bulk of which are parked in
physical assets like real estate and gold, are unlikely to help them
generate sufficient returns to fund their financial goals, including
retirement. At the same time, many have lost their hard-earned money
trying to invest in financial assets, including debt and equities. Such
losses have occurred due to many reasons, such as corporate frauds, weak
business models and misallocation of capital by the companies in whose
shares unsuspecting investors parked their savings. What options do
Indian savers then have to invest in, and build their wealth? Diamonds
in the Dust offers Indian savers a simple, yet highly effective,
investment technique to identify clean, well-managed Indian companies
that have consistently generated outsized returns for investors. Based
on in-depth research conducted by the award-winning team at Marcellus
Investment Managers, it uses case studies and charts to help readers
learn the art and science of investing in the US$3 trillion Indian stock
market. The book also debunks many notions of investing that have
emerged from the misguided application of Western investment theories in
the Indian context. Vital and indispensable, this book will serve as
the ultimate manual on investing and provide practical counsel to
readers to achieve their financial goals.