Annual Letter 2021

Dear friends, co-investors and mentors Please find attached 2021 annual letter from Global Core Capital. The last two years can be summed up in a few words- “Life is like the stock market. Some days you’re up. Some days you’re down. And some days you feel like something the bull left behind.“ However, even though each one …

Annual Letter 2019

Dear friends, co-investors and mentors Wishing you and your dear ones a very Happy New Year !!   Please find attached 2019 annual letter from Global Core Capital.  2019 reminds me of a quote on herd mentality from one of my favourite book - A zebra in lion country. It read - "Most portfolio managers are intelligent, careful …

Annual Letter 2018

Dear friends, co-investors and mentors Wishing you and your dears ones a very Happy New Year !! Please find attached annual letter from Global Core Capital. There is a popular saying "Experience is what you get when you didn't get what you wanted. And experience is often the most valuable thing you have to offer"   2018 was apt …

Why Gruh Finance’s dividend payment is bad capital allocation for shareholders

Dividends are dear to many shareholders. They relish the feeling of dividend flowing into their account, but mostly without understanding the math behind it. Before we dive into Gruh Finance, lets analyse when dividends do and don’t make sense for shareholders. Click here to read the rest.