Aug 8, 20228 minLetter to investorsCLEAR vision avoids casualties…“All I want to know is where I am going to die, so I’ll never go there” - Charlie Munger An investor generally relies on reported...
Jul 4, 20225 minLetter to investorsEmbrace volatility & build this VintageWe started the year by writing to you that we expect this year to be volatile and a year of de rating (link). We are already witnessing...
Jun 7, 20225 minLetter to investors3 years of our journey so far…. then and nowWe are happy to share with you that this month we completed 3 years of our journey and take this opportunity to thank, think/introspect...
May 6, 20223 minLetter to investorsSailing amidst uncertaintiesMost of us are surprised lately with the movement of markets and the tug of war which is at play almost daily between Bulls and Bears....
Apr 7, 20227 minLetter to investorsManufacturing – All Stars AlignedIt is said that “when all the stars align, magic happens”. The probability of a successful outcome is far higher when stars are aligned....
Mar 7, 20223 minLetter to investorsStructural tailwinds vs Cyclical headwindsGreetings from Team Carnelian!!! Hope you and your near ones are doing well. ‘Identify and follow the trends in your industry. Don’t...