What I Learned About Investing from Darwin
In his intellectually stimulating work, Pulak Prasad unveils an innovative paradigm for investment that draws inspiration from the intricacies of evolutionary biology. Amidst the challenges faced by investment professionals striving to surpass market benchmarks, Prasad seeks wisdom from Darwinian theories. Through a harmonious blend of riveting illustrations from the natural world and poignant narratives from his financial journey, he adeptly demonstrates the ways in which evolutionary principles can lay the groundwork for triumphant long-term investment strategies. He delineates three fundamental tenets: steer clear of substantial threats, allocate resources toward premium assets at equitable valuations, and adopt a philosophy of deliberate inertia in portfolio oversight. Advocating for a discerning methodology that emphasizes perpetual ownership of exceptional enterprises, Prasad's engaging narrative coupled with actionable insights crafts a rejuvenating lens through which fund managers can refine their acumen and guide investors toward more proficient methodologies.
- Author: Pulak Prasad
- Publisher: Columbia Business School (1 January 2023); Columbia Business School Publishing
- Genre: Economics
- ISBN: 978-0231213509
- Pages: 328 pages