{"product_id":"diamonds-in-the-dust-1","title":"Diamonds in the Dust by Saurabh Mukherjea| Salil Desai| Rakshit Ranjan [HARDCOVER]","description":"\u003ch3 data-start=\"191\" data-end=\"229\"\u003e\u003cstrong data-start=\"196\" data-end=\"229\"\u003eBook Summary\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp data-start=\"231\" data-end=\"1399\"\u003e\u003cstrong data-start=\"231\" data-end=\"257\"\u003e\u003cem data-start=\"233\" data-end=\"255\"\u003eDiamonds in the Dust\u003c\/em\u003e\u003c\/strong\u003e offers a comprehensive guide for Indian investors striving for consistent, long-term wealth creation in a landscape dominated by physical assets like real estate and gold. Drawing on deep research from Marcellus Investment Managers, authors \u003cstrong data-start=\"499\" data-end=\"520\"\u003eSaurabh Mukherjea\u003c\/strong\u003e, \u003cstrong data-start=\"522\" data-end=\"540\"\u003eRakshit Ranjan\u003c\/strong\u003e, and \u003cstrong data-start=\"546\" data-end=\"561\"\u003eSalil Desai\u003c\/strong\u003e lay out a disciplined investment framework centered on \u003cstrong data-start=\"617\" data-end=\"639\"\u003ethree core pillars\u003c\/strong\u003e: clean accounting, deep competitive advantage (assessed via the IBAS framework), and sound capital allocation.Through case studies—from Satyam and DHFL to well-regarded “consistent compounders” like Asian Paints and HDFC Bank—the book uncovers red flags in financial statements and highlights trusted investment strategies for identifying elite companies capable of delivering outsized returns. It also challenges the automatic application of Western investment theories like the Efficient Market Hypothesis and CAPM in the Indian context.This makes the book both a thoughtful critique and a practical manual for serious, value-focused investors.\u003c\/p\u003e\n\u003ch3 data-start=\"1406\" data-end=\"1449\"\u003e\u003cstrong data-start=\"1411\" data-end=\"1449\"\u003eAbout the Authors \u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp data-start=\"1451\" data-end=\"2362\"\u003e\u003cstrong data-start=\"1451\" data-end=\"1472\"\u003eSaurabh Mukherjea\u003c\/strong\u003e is the founding force behind Marcellus Investment Managers and the bestselling author of \u003cem data-start=\"1562\" data-end=\"1584\"\u003eCoffee Can Investing\u003c\/em\u003e and \u003cem data-start=\"1589\" data-end=\"1615\"\u003eThe Unusual Billionaires\u003c\/em\u003e. An alumnus of the London School of Economics and a fellow of the Royal Society of Arts, he blends academic insight with real-world investing expertise.\u003c\/p\u003e\n\u003cp data-start=\"1451\" data-end=\"2362\"\u003e\u003cstrong data-start=\"1806\" data-end=\"1824\"\u003eRakshit Ranjan\u003c\/strong\u003e, a CFA charterholder with an IIT Delhi background and over sixteen years of equity experience across India and the UK, currently manages Marcellus’s flagship Consistent Compounders fund.\u003cspan class=\"\" data-state=\"closed\"\u003e\u003cspan class=\"ms-1 inline-flex max-w-full items-center relative top-[-0.094rem] animate-[show_150ms_ease-in]\" data-testid=\"webpage-citation-pill\"\u003e\u003ca href=\"https:\/\/www.crossword.in\/products\/diamonds-in-the-dust?utm_source=chatgpt.com\" rel=\"noopener\" alt=\"https:\/\/www.crossword.in\/products\/diamonds-in-the-dust?utm_source=chatgpt.com\" class=\"flex h-4.5 overflow-hidden rounded-xl px-2 text-[9px] font-medium text-token-text-secondary! bg-[#F4F4F4]! dark:bg-[#303030]! transition-colors duration-150 ease-in-out\" target=\"_blank\"\u003e\u003cspan class=\"relative start-0 bottom-0 flex h-full w-full items-center\"\u003e\u003cspan class=\"flex h-4 w-full items-center justify-between overflow-hidden\"\u003e\u003cspan class=\"max-w-full grow truncate overflow-hidden text-center\"\u003e\u003c\/span\u003e\u003c\/span\u003e\u003c\/span\u003e\u003c\/a\u003e\u003c\/span\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp data-start=\"1451\" data-end=\"2362\"\u003e\u003cstrong data-start=\"2049\" data-end=\"2064\"\u003eSalil Desai\u003c\/strong\u003e, a CA and MBA with extensive sectoral coverage in Indian equities, also leads major advisory portfolios within Marcellus.Together, they offer a rare blend of academic rigor, analytical depth, and proven investment success rooted in India’s economic realities.\u003c\/p\u003e","brand":"Clapping Pages","offers":[{"title":"Used","offer_id":45157880430778,"sku":"2RZ27WUF5-Used","price":35.0,"currency_code":"AED","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0713\/5576\/0826\/files\/41.webp?v=1763402406","url":"https:\/\/clappingpages.com\/products\/diamonds-in-the-dust-1","provider":"Clapping Pages","version":"1.0","type":"link"}