EQ Saturday Sapience #36

Equity Intelligence 14th October 2023

For several multinationals, the journey has not always been good in India. Sustainable infrastructure has several multiplier effects to it and India hopefully can lay down a good framework for it. Constructed from cement, carbon black, and water, the device holds the potential to offer affordable and scalable energy storage for renewable energy sources. India’s saving patterns are changing and the rise of personal loans is a trend among the younger population. 

• First General Motors, Citibank and now Disney; why do MNCs fail in India? Exit from the Indian market by multinationals is often on account of problems in the home territory or failure to segment the Indian market correctly.  Read more
• Infrastructure expenditure has a high multiplier impact through a variety of routes, including job creation, enhancing the competitiveness of our industrial and service sectors, attracting FDI, and raising the standard of living in our nation. In today's quickly changing world, self-reliance, sustainable infrastructure, and community support are critical for India's long-term prosperity and resilience. Self-sufficiency and deliberate investments in sustainable infrastructure set the groundwork for a thriving and sustainable future. Read more
• New Breakthrough in Energy Storage – MIT engineers have created a “supercapacitor” made of ancient, abundant materials, that can store large amounts of energy. Made of just cement, water, and carbon black (which resembles powdered charcoal), the device could form the basis for inexpensive systems that store intermittently renewable energy, such as solar or wind energy. Read more
• India has been known for its saving capacity and Indians mostly maintained a better savings rate as compared to the global average, according to research by Crisil in 2021. While the savings rate for India stood at 29.3% in 2020, that for the US and UK were 18% and 16.5% respectively, showed the World Bank Data. However, post-pandemic, there has been a shift in saving patterns too. Read more
• Few words of investing wisdom from Howard Marks - “Relying to excess on the fact that something ‘should happen’ can kill you when it doesn’t. Even if you properly understand the underlying probability distribution, you can’t count on things happening as they’re supposed to. And the success of your investment actions shouldn’t be highly dependent on normal outcomes prevailing; instead, you must allow for outliers.”