Scalability Is Not Accidental

I spend most of my time researching listed companies in India. India has thousands of companies that have a market capitalization of less than $200 million. I spend a lot of time trying to figure out whether companies are scalable or not.

In my research I've found that many companies become big by accident. They either catch a product/demand wave or a capital wave or a regulatory wave etc. However, none of the companies that become big by accident are able to stay big and sustain themselves as organizations. If the company is extremely lucky, it gets acquired at its inflated size and implodes inside the acquirer. Most of the time, however, the disarray that sets in at its inflated size is publicly visible. More...

Jumpstarting Is Essential

I consider myself a die-hard capitalist and an advocate of free markets and meritocracies. I am against the welfare state and I think enforced equality creates mediocrity and is antithetical to a meritocracy.

However, I find myself supporting the Rural Employment Guarantee Scheme in India, I support Affirmative Action (Reservation) in education for the most under-priviliged in India and I support the yet to be tabled National Food Security bill in India. More...