Understanding Competitive Advantage, M&A Gone Wrong, Lessons from the Nifty Fifty, and 20-Years of Focussed Compounding

Market Talk, Edition 59, September 25th 2022

Market Talk is a bi-weekly Sunday issue, where I curate the best things I have consumed during the last two weeks. Every second Sunday I will share the following segments:

• 6x Must-Reads: The 6 readings I found most insightful, with commentary.

• Other Items of Interest: A collection of other readings I found enjoyable.

• Great Listens: Podcasts, interviews, or videos I enjoyed.

• Something Interesting: A palate cleanser to round off the issue.

Comments from Me

I have now been in India for ~2 weeks on a trip which represents a range of “firsts”. First time travelling on a long-haul flight (surprisingly great), first time visiting Asia, first time travelling outside of Europe, and my first time being introduced to a health faucet (also surprisingly great, why does the UK not use these?). I had an inkling that I would love it here, and I was right. The food & hospitality is incredible. The traffic is insane but feels like organised chaos that doesn’t feel unsafe considering the speed at whic…