Letter # 75 | 15 February 2022 |
Today, we look at two interesting stories – that of IKEA founder, Kamprad and that of Vini founder, Darshan Patel.
Both gentlemen went to extraordinary lengths to make sure that their respective businesses succeed – from operating in enemy territory during the peak of the Cold War to betting family heirloom on a totally commodity business.
Both succeeded… but there are important lessons for us in their wins. I write today in ET to reflect on them and get inspired.
Information in this letter is not intended to be, nor should it be construed as investment, tax or legal advice, or an offer to sell, or a solicitation of any offer to make investments with Buoyant Capital. Prospective investors should rely solely on the Disclosure Document filed with SEBI. Any description involving investment examples, statistical analysis or investment strategies are provided for illustration purposes only – and will not apply in all situations and may be changed at the discretion of the principal officer. Certain information has been provided and/or based on third-party sources and although believed to be reliable, has not been independently verified; the investment managers make no express warranty as to its completeness or accuracy, nor can it accept responsibility for errors appearing herein.