Most people invest in the usual assets: real estate, gold, mutual funds, fixed deposits and stock markets. It's always the same four or five instruments. All they end up making is a measly 8 to 12 per cent per annum. Those who are exceptionally unfortunate get stuck in the middle of a crash and end up losing a lot of money.
What if there was another way? What if you could make not 10 not 15 but 20 per cent compound annual growth rate (CAGR) on your investments? What if there was a way to grow your money four to five times whilst taking half the risk compared to the overall market?
Bestselling author of Gurus of Chaos and The Unusual Billionaires, Saurabh Mukherjea puts his money where his mouth is. Saurabh follows the Coffee Can approach to high-quality, low-risk investing. His firm, Ambit Capital, is one the largest wealth managers in India which invests with this approach and delivers stupendous returns. In Coffee Can Investing, Saurabh will show you how to go about low-risk investments that generate great returns.
Product Details
- Hardcover: 288 pages
- Publisher: Penguin Portfolio (23 February 2018)
- Language: English
- ISBN-10: 9780670090457
- ISBN-13: 978-0670090457
- ASIN: 067009045X
- Package Dimensions: 22.3 x 14.6 x 3.3 cm
About the Author
Saurabh Mukherjea is the CEO of Ambit Capital, an Indian investment bank. He was rated as the leading equity strategist in India by Asiamoney polls in 2014, 2015 and 2016. A London School of Economics alumnus, Mukherjea is also a CFA charter holder.
Rakshit Ranjan is the portfolio manager of Coffee Can PMS. He has been among the top three research analysts in his sector, both in the UK (2007-09) and in India (2015 and 2016). Rakshit is a CFA charter holder and has a BTech degree in chemical engineering from Indian Institute of Technology, Delhi.
Pranab Uniyal is the head (products and advisory) at Ambit Capital. He has a BTech degree in chemical engineering from Indian Institute of Technology, Madras, and a postgraduate diploma in management from Indian Institute of Management, Calcutta.
Review
A must-read for India's emerging huge numbers of middle and upper-middle income-earners. (Avinash K. Dixit, Princeton University)
Coffee Can Investing cuts through the clutter of the investment landscape in India to show that you don't have to be a genius to consistently make money in the Indian market. (Latha Venkatesh, executive editor, CNBC-TV18)
The shift in savings away from physical towards financial assets is one of the defining changes of this decade. Coffee Can Investing captures the underlying reasons for this change and then lays out a route map
to wealth creation that almost everyone can follow.(Manish Chokhani, Enam Holdings)
Anyone who wants to invest sensibly and retire happily should read this book. (Sanjay Bakshi, adjunct professor at Management Development Institute (Gurgaon))
