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Diamonds in the Dust: Consistent Compounding for Extraordinary Wealth Creation Diamonds in the Dust: Consistent Compounding for Extraordinary Wealth Creation by Saurabh Mukherjea
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“Hence, if the financial statements themselves are inaccurate, the whole edifice of the analysis can come crumbling down.”
Saurabh Mukherjea, Diamonds in the Dust: Consistent Compounding for Extraordinary Wealth Creation
“Firms that can sustain high RoCEs, along with a high rate of reinvestment of capital into the business, deliver higher and more sustainable earnings growth compared with the firms that have high RoCEs but a low rate of capital reinvestment in their business.”
Saurabh Mukherjea, Diamonds in the Dust: Consistent Compounding for Extraordinary Wealth Creation