EQ Saturday Sapience #179
Equity Intelligence 11th July 2026
"It's waiting that helps you as an investor, and a lot of people just can't stand to wait." — Charlie Munger
Subtext by Zerodha features Zohra Khan, CEO of IPEC India, discussing the complexities and future of India's electric vehicle (EV) charging infrastructure. Watch more
Somewhere in Delhi right now, a technician is on a ladder, unscrewing a camera that works perfectly well. It records in the dark. It reads number plates. It cost the exchequer real money to install. And it is coming down anyway. The Delhi government has begun physically removing 1.4 lakh (~140,000) Hikvision cameras that the previous AAP administration bolted onto the capital's streets between 2020 and 2022, every one of them Chinese. These are the first tranche of the 2,74,389 cameras the Public Works Department put up across two phases. Working cameras, ripped out and replaced, not because they failed, but because of who made them. Read more
Giving every newborn a small equity-linked account is an interesting attempt to make capitalism feel more inclusive from birth. The real test, however, is whether asset ownership becomes a bridge to financial security — or just another symbolic policy that leaves deeper inequality untouched. Read more
GIFT City has built the visible parts of a financial hub — towers, tax incentives and regulation. What it still needs is the invisible infrastructure of great cities: schools, affordable homes, transport, informal networks, after-work life and a community that wants to stay after office hours. Read more
A recent Harvard Business Review article argues that customer data privacy should no longer be viewed merely as a legal or compliance obligation. Drawing on multiple studies, it suggests that companies with stronger privacy practices tend to enjoy higher customer purchase intent, greater trust and even higher shareholder value. As data becomes central to business, privacy may evolve from a cost of doing business into a source of competitive advantage. Trust may be one of the most valuable assets a business can build. Read more
A recent Forbes article argues that manufacturing doesn't have an AI adoption problem—it has an AI proof problem. While companies are investing aggressively, many projects remain stuck in pilot mode because they lack clear financial objectives, accountability and measurable outcomes. The article argues that successful AI adoption requires the same discipline as any capital allocation decision - Investing in new technology is easy. Creating measurable value from it is the real challenge. Read more
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