Vishal Katkoria

धर्मो रक्षति रक्षितः - महाभारत

Absolute gold!

“The impression has built up that the stock market is the cause of booms and busts. Actually, it is the thermometer – not the fever.” – Bernard Baruch

“In the beginning, the investor has the money and the hedge-fund manager has the experience. In the end, the hedge-fund manager has the money and the investor has the experience.” — an old Wall Street joke by @jasonzweigwsj

"There are old investors, and there are bold investors, but there are no old bold investors." - Howard Marks

When evaluating a company's attractiveness, consider not just what they offer on day one, but also where their employees came from and where their alumni are now. The talent flow will reveal more than everything you need to know! Disclaimer: Help from LLMs was utilized to write this article. #CareerStrategy #Leadership #TalentManagement #FutureOfWork #CareerGrowth

1) The Hub (High Inbound, High Outbound): A dynamic industry leader that attracts top talent from elite companies and sends employees to equally prestigious firms. 2) The Accelerator (Low Inbound, High Outbound): A training ground that hires junior or overlooked talent but provides exceptional internal training, skill development and work environment, leading to aggressive recruitment by elite companies. 3) The Value Trap (High Inbound, Low Outbound): A career cul-de-sac where a strong employer brand attracts top talent, but internal flaws lead to skill stagnation and burnout, forcing employees to take a step down when they leave. 4) The Dead End (Low Inbound, Low Outbound): A stagnant pool where talent is hired from lower-tier organizations and lost to similarly low-tier firms, offering no upward mobility.

The Talent Flow Matrix When evaluating a potential employer, candidates often consider standard metrics such as salary, benefits, and job title. While these factors are important, they often overlook the feedback regarding the quality of work and the true value of working for the company. Assuming all other factors are equal, the attractiveness and career-boosting potential of an organization can be assessed through a simple metric: Talent Flow.

@PerpetuityH2W What is the cumulative performance delta between FY15-FY26?

#BSEHealthcare vs. #BSE500 over the last decade: After a prolonged underperformance by the Healthcare sector during FY16-23 (barring FY20), the trend reversed over last 3 years (FY 24-26), with #BSEHealthcare outperforming meaningfully. In FY26, #BSEHealthcare was up +2%, continuing to outperform #BSE500 (which was down ~3%) on a relative basis. The flattish absolute performance suggests signs of muted market performance after the strong run up. #Health2Wealth #Perpetuity

So very well said by @iancassel.

Bangalore is so wannabe Mumbai! 😂

Most of the MNCs in India had a standard playbook - find a brand in the global portfolio, match relevance for Indian consumer and launch in India. Zero innovation, zero India-first consumer thinking, zero risk appetite in the local teams. Unfortunately we have come to the end of road on this strategy and hence we are seeing an extended period of nominal or zero volume growth, also given the fact that inflation was not by their side for the last few quarters meant a double whammy! However, their narratives for low growth keep changing to cover up for their incompetence - rural vs urban, monsoon issues, taxation etc etc.

“Chaos was the law of nature; Order was the dream of man.” Henry Adams

Investment Banks who did not make it for the NSE IPO! #NSE

IF THERE IS ONE PIECE OF WISDOM ON AI THAT YOU WANT TO READ THIS WEEK, THEN THIS ESSAY BY @a16z IS THAT!! a16z.news/p/institutiona…

"Data is the New Oil". Natural Gas be like, hold my beer!

@anandlunia This chart tells nothing - each of the lines are not comparable - apple to oranges.

What does this chart tell you about the fate of 'Network Effect & Moat' in India?

“A lot of financial debates are just people with different time horizons talking over each other.” - Morgan Housel

Reading and Listening well WILL remain incredibly underrated skills always!