What if the real key to investing success wasn’t just about spotting the winners, but also about learning from the inevitable missteps along the way?
In the first episode of Capital Conversations, Saurabh Mukherjea, CIO of Marcellus Investment Managers and bestselling author of Coffee Can Investing, joins our host, Samina Nalwala, Executive Director at Waterfield Advisors, for a candid discussion on building lasting wealth in India’s dynamic markets.
From launching an entrepreneurial venture in London in his twenties to returning to India and founding an investment firm, Saurabh’s career has been marked by both big bets and big lessons. Explaining the philosophy behind Coffee Can Investing, he underscores the importance of patience, quality, and consistency. In the conversation, Saurabh also unpacks the power of diversification whilst cautioning against behavioural traps — overconfidence, panic selling, and chasing trends — that can derail even the most experienced investors.
Offering a sharp take on India’s current economic climate, he describes it as a “perfect blend of opportunity and chaos,” where gaps in markets can create unique openings for disciplined, long-term investors. Looking ahead, Saurabh shares his bold forecast for the next 18 months, hinting at both challenges and opportunities that savvy investors can capture.
In this episode, we cover:
- Long-term investing vs. short-term trading – which wins in the Indian context
- The role of asset allocators and why they remain underappreciated
- Behavioural pitfalls for entrepreneurs and investors alike
- Strategies for diversifying globally while remaining anchored locally
Listen to the full episode for a masterclass in marrying discipline with opportunity, and in turning both wins and mistakes into stepping stones for investment success.
