Dhandho framework

I am halfway through the book: Dhandho investor. I liked it as the author shares stories about many businesses built on frugality, long bets, and arbitrage.   The author talks about the Dhandho framework, and I felt like sharing.  Invest in an existing business.  Invest in a simple business. Invest in distressed businesses in distressed industries.  …

2023

2023 is waiting. How bad is it going to be? Are we going back into lockdown? I understand we are already fucked economically, and healthcare globally has given up long back. What more do we need in 2023 other than sailing in it without dying?

Elevate

A high-growth startup is about shipping things quickly, iterating, and building multiple product lines. They end up hiring senior talents and paying above-market salaries. That’s how VC money gets burnt. A young, fresh-out-of-college kid continues being a fresher because the top dogs are leaving and joining. The growth is limited, and not all complaint about …