Being an economist respected author Sanjeev seldom could know nuances of Financial markets. Considering “Land of the Seven Rivers” from a stock market perspective, the potential cons might include:

1. Limited Direct Relevance: The book’s focus on historical geography and cultural evolution may not provide direct, actionable insights for stock market analysis or investment strategies.

2. General Historical Focus: The broader historical context might not offer specific economic data or trends that are immediately useful for making informed stock market decisions.

3. Lack of Contemporary Financial Analysis: The narrative does not delve into contemporary financial markets, modern economic policies, or recent economic data, which are crucial for stock market analysis.

4. Historical Perspective Over Market Dynamics: The emphasis on historical events and geographic factors might not adequately address current market dynamics, investor behavior, or financial instruments.

5. Absence of Practical Investment Guidance: Readers seeking practical advice on stock trading, portfolio management, or financial planning might find the book lacking in direct, applicable guidance for these areas.

Lounges dont pay anything to DFS. DFS collects gross amount per passenger from the credit card companies or anyone else sponsoring the passenger, retain a small amount and pay the rest to the lounge.

Appreciate that effort.

Seems like their growth is coming from the trading of textile materials.
Its margin growth from their engineering products that is coming to play. For that reason I am not convinced by the company.

Just curious hence asking, being a devil’s advocate :-
Your allocation period ( from starting a position to making it fully sized) for a particular company , itself is 5-6 years, But what if that company goes bust, during your allocation period itself, after all 6 years is a very long period, in today’s fast culture?