Look at that chessboard we put …

Look at that chessboard we put back in place. Look at how ordered and safe and peaceful it looks now, before a game starts. It’s a beautiful thing. But it is boring. It is dead. And yet the moment you make a move on that board, things change. Things begin to get more chaotic. And that chaos builds with every single move you make. It’s an easy game to play. But a hard one to master. Every move you make opens a whole new world of possibility.

– from The Midnight Library book by Matt Haig

We at Nalanda love stable, predictable …

We at Nalanda love stable, predictable, boring industries. Give us electric fans over electric vehicles, boilers over biotech, sanitaryware over semiconductors, and enzymes over e-commerce. We like industries in which the winners and losers have been largely sorted out and the rules of the game are apparent to everyone. For everything else, thanks, but no thanks.

– from What I Learned About Investing from Darwin book by Pulak Prasad