Pioneers and Settlers

Adam Grant talks about Pioneers and Settlers in his book Originals. Pioneers are the founders and organizations that lead innovation.They depend on the first movers’ advantage.They launch early with the hope of grabbing the entire market.In most instances, they are category creators.They take risks, do price exploration, and do product chops.They win big or lose …

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.  …