Sachin 🌻

When Chanda Kochhar was charged with corruption, a lot of industry legends stood behind her. They genuinely believed she would do no wrong. But we now know how the story ended. I don’t know how many of you remember that she was conferred with the Padma Bhushan. Warren Buffett has often spoken about how hard it is to understand why the rich and powerful, who already have everything, indulge in life ruining behaviour. That’s why I’m surprised when investors say they know the promoters inside and out. To adapt Samir Arora’s line, no one knows anything about anyone beyond a point. In any sphere of life, blind trust is no good. Trust but verify.