Investing in Maharashtra Scooters and Indian Holdcos with Gymkhana Partners' Andrei Stetsenko (podcast #349)
Andrei Stetsenko from Gymkhana Partners explores the investment case for Indian holdcos in general and Maharashtra Scooters in particular. Andrei outlines why he isn’t just looking for a discount to NAV; he talks about how he breaks down the underlying NAV and incentives of the key players when assessing an Indian holdco, and how he believes the control of the Bajaj Group can create long term value. (Note: you can see Gymkhana’s Q3 letter here and their post on Indian savings financialization here).
This podcast is sponsored by AlphaSense.
Friend of the podcast Doug O’Laughlin came back on the podcast for Episode #348 (All things AI, Power, and Corporate Governance with SemiAnalysis’s Doug O’Laughlin), and that pod got great reviews. I’d encourage you to check that episode out, and if you’re interested in hearing more from Doug you can see his AlphaSense webinar “Decoding the AI Infrastructure Ecosystem.”
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