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What I Learned About Investing from Darwin (Hindi)

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Book Details
Language
Hindi
Publishers
Sanage Publishing House (20 Feb. 2024)
Weight
0.45 KG
Publication Date
20/02/2024
ISBN-10
8119875044
Pages
360 pages
ISBN-13
9788119875047
Dimensions
13.97 x 2.03 x 21.59 cm
SKU
9788119875047
Author Name
Pulak Prasad (Author)
Pulak Prasad grew up in India across many towns and cities. His father was in the armed forces where the Indian government transferred him to new locations every couple of years. Pulak changed seven schools in his first twelve years of studies. He has been gifted with a sense of numbers and mistakenly thought he could be an engineer. He earned his undergrad engineering degree from the Indian Institute of Technology in Delhi (IIT Delhi) and got his first job in Unilever India as a production management trainee. While Unilever was a great experience, he did not enjoy his shop floor job. To escape his boredom, he decided to pursue an MBA. To his surprise, he loved his two years at the MBA school Indian Institute of Management Ahmedabad (IIM Ahmedabad). He was very lucky to land a job at the management consulting firm McKinsey & Company in 1992. He spent six years at McKinsey in India, South Africa (he volunteered to go to Johannesburg after apartheid was abolished), and the US. However, all this while, he could not see himself as a life-long consultant. And so, as he had done earlier, he left consulting to try something new. In 1998, he joined the private equity firm Warburg Pincus. Within a few months at Warburg, he knew he had found his lifelong passion: investing. Pulak was very fortunate to have bosses like Dalip Pathak and Chip Kaye who were ideal mentors: they were patient with his mistakes and gave him a lot of freedom to pursue his passion. At Warburg, Pulak did private equity as well as public equity deals. After spending more than eight years at Warburg, four of which were as the co-head of India, Pulak decided to launch his own firm Nalanda Capital in early 2007. He decided to focus exclusively on investing in listed India securities. Nalanda aims to be a permanent owner of high-quality Indian businesses. It manages about $5 billion primarily for US endowments, and US and European family offices and foundations.Apart from investing, Pulak’s two other passions are running and reading. He primarily reads two types of books: fiction and evolutionary biology. For reasons not clear to him, in 2001, he became interested in Darwinian theory of evolution, and started devouring many books on the topic. He continues to do so today (his latest: Evolution Gone Wrong by Alex Bezzerides). At Nalanda, in his quarterly letter to investors, he started drawing parallels between investing concepts and evolutionary theory. Encouraged by many of his readers who said they loved his letters, he decided to write the book What I Learned About Investing From Darwin.Read more about this authorRead less about this author
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निवेश प्रबधंन का पेशा निवेश प्रबधंन का पेशा इन दिनों संकट की स्थिति में है। ज़्यादातर इक्विटी फंड मैनेजर लंबी अवधि में बाज़ार को मात देने में असमर्थ हैं। इसका नतीजा यह हुआ है कि सक्रिय फंडों से निष्क्रिय फंडों की ओर बड़े पैमाने पर फंड की निकासी हुई है। नए नज़रिये की तलाश में आख़िर निवेशकों को कहाँ जाना चाहिए? पुलक प्रसाद, हमारे समक्ष धैर्यवान दीर्घकालिक निवेश का दर्शन प्रस्तुत करते हैं, जो अप्रत्याशित स्रोत विकासवादी जीव विज्ञान पर आधारित है। वह डार्विन की मूल अवधारणाओं से महत्त्वपूर्ण सबक़ लेते हैं। इसके बाद वह अच्छे और बुरे निवेश निर्णयों की सम्मोहक कहानियों के साथ प्राकृतिक दुनिया के ज्वलंत उदाहरणों का संयोजन करते हैं। इसमें उनका ख़ुद का निर्णय भी शामिल है। भौंरे अपना अस्तित्व बचाए रखने के लिए जो रणनीतियाँ अपनाते हैं, वे यह स्वीकार करने में हमारी मदद कैसे कर सकती हैं कि हम टेस्ला से चूक सकते हैं? पालतू लोमड़ियों के प्रजनन के एक प्रयोग से कामयाब बिज़नेस के लक्षणों के बारे में क्या पता चलता है? जब एक छोटा सा मेंढक अपने बड़े प्रतिद्वंद्वी की टर्र टर्र की नक़ल करता है, तो वह कॉर्पोरेट बेईमानी के संकेतों पर रोशनी क्यों डाल सकती है? कामयाब विकासवादी रणनीतियों के ज्ञाता, प्रसाद ने दीर्घकालिक फ़ायदे के लिए सहज बोध के विपरीत सिद्धांतों की रूपरेखा तैयार की है। वह निवेश के तीन मंत्र देते हैं: बड़े जोखिमों से बचें, वाजिब मूल्य पर उच्च गुणवत्ता की ख़रीद करें; और आलसी नहीं बनें, बल्कि बहुत आलसी बनें। प्रसाद एक ऐसी रणनीति के पक्ष में प्रेरक तर्क देते हैं, जो निवेश के विशाल अवसरों को ख़ारिज कर देती है। निवेश के बारे में मैंने डार्विन से क्या सीखा - पुलक प्रसाद. .

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