Unlearning Valua
It is even more critical to unlearn certain misconceptions. One such is valuation, according to Nithin. While some industry insiders and experts believe in external benchmarks such as valuation as key measures of a company’s worth, Nithin reiterates a simple fact—what might be right for an investor may not always be right for the customer.
“What is important to know is that valuation is an obligation. It is not money. Neither is it a benchmark to measure ourselves,” Nithin said. “Building a business with real value takes time.”
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On compounding money, skills and value: Nithin Kamath’s not-so-secret sauce to improving your odds
yourstory.com
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IDEAS CURATED BY
Nitin kamath the founder of zerodha, a discount broking firm in India, talks about how compounding is important in all aspects of life
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