The upcoming Budget must focus not just on attracting capital but improving how efficiently it circulates through the economy. Faster corporate restructurings, stronger recovery mechanisms, better mobilisation of household gold and simpler capital-gains rules can meaningfully enhance market depth, investor confidence and long-term capital formation, earning the Budget full marks from markets.
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,