India’s market cap stood at ₹281 lakh crore on Thursday as against ₹58 lakh crore in FY12. PSUs’ market cap increased to ₹37 lakh crore from ₹16 lakh crore in FY12, while the private sector market cap rose to ₹252 lakh crore from ₹41 lakh crore.
Paul Black’s 3 thumb rules for identifying great wealth creators
Veteran portfolio manager Paul Black’s investment framework focuses on identifying businesses with competitive advantages that strengthen over time. His three key rules emphasise widening moats,