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Pulak Prasad Books

1 book·~10 min total read

Pulak Prasad is an equity fund manager and founder of Nalanda Capital, an investment firm managing over $5 billion in Indian listed securities. He previously co-headed India for Warburg Pincus, a global private equity firm, and worked at McKinsey as a management consultant.

Known for: What I Learned About Investing From Darwin

Books by Pulak Prasad

What I Learned About Investing From Darwin

What I Learned About Investing From Darwin

finance·10 min read

This book presents a philosophy of patient, long-term investing inspired by evolutionary biology. Drawing lessons from Darwinian concepts, the author mixes vivid examples from nature with stories of investment decisions, including his own. The book outlines counterintuitive principles for long-term gain, emphasizing risk avoidance, buying high-quality businesses at fair prices, and maintaining a disciplined, 'very lazy' approach. It advocates for permanently owning high-quality businesses and provides practical insights into why evolutionary biology can help investors improve their craft.

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Evolutionary Risk Aversion

The foundation of my investment philosophy is the principle of risk aversion, a lesson drawn directly from the natural world. In evolution, survival is paramount. Every organism, from the cautious deer at the waterhole to the vigilant bumblebee avoiding predators, is shaped by the relentless pressur...

From What I Learned About Investing From Darwin

2

Selection of High-Quality Enterprises

After risk is controlled, the next evolutionary lesson is the importance of selection. In nature, selection operates on traits that confer survival and reproductive advantages. In investing, the equivalent is the selection of high-quality businesses—those with a proven ability to generate superior r...

From What I Learned About Investing From Darwin

About Pulak Prasad

Pulak Prasad is an equity fund manager and founder of Nalanda Capital, an investment firm managing over $5 billion in Indian listed securities. He previously co-headed India for Warburg Pincus, a global private equity firm, and worked at McKinsey as a management consultant. His career spans consulti...

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Pulak Prasad is an equity fund manager and founder of Nalanda Capital, an investment firm managing over $5 billion in Indian listed securities. He previously co-headed India for Warburg Pincus, a global private equity firm, and worked at McKinsey as a management consultant. His career spans consulting and investing across multiple industries and continents.

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Pulak Prasad is an equity fund manager and founder of Nalanda Capital, an investment firm managing over $5 billion in Indian listed securities. He previously co-headed India for Warburg Pincus, a global private equity firm, and worked at McKinsey as a management consultant.

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