Research notes, shorter perspectives, and the occasional foundational piece on how we think. We publish when we have something considered to say.
Before strategies, mandates, or markets, there's the question of whether you have a plan at all. We hear the same misunderstandings often enough that they're worth naming.
Everyone has a plan, whether they've written one down or not. The question is whether it's deliberate, or whether it's defaulted into being by inaction. Inaction is also a plan; it's just usually the wrong one.
Investing is one piece of a financial plan. Planning covers liquidity, protection, time horizons, taxes, succession, and how all of those fit together. A great portfolio inside a poor plan is still a poor outcome.
A plan written once and shelved is a plan that ages badly. Life changes – income, family, ambitions, markets – and the plan should be revisited often enough to keep pace. Set it and forget it isn't planning; it's filing.
Retirement is one milestone among many. A real plan addresses the next decade, not just the last one. Education, property, business capital, sabbaticals, and the unexpected all sit inside the same conversation.
Compounding is the most important variable a young investor has, and it's the one most easily wasted. A plan in your twenties costs less and yields more than the same plan in your forties. The arithmetic doesn't argue.
How we think about market regimes, liquidity cycles, and positioning for an environment of higher real rates and structural dispersion.
The underwriting we do before valuation enters the conversation, and why it matters more than multiples.
Positioning India within the broader EM universe, what's distinct, what's correlated, and where a dedicated allocation earns its place.
