A close look at BSE-30 companies tells you a lot, especially when you view them through the lens of conscious capitalism
Billionaire investor and philanthropist Warren Buffett famously said: “Only when the tide goes out you discover who is swimming naked.”
Buffett said these words before the 2008 crisis triggered by the collapse of Lehman Brothers, when several large financial institutions were caught unawares by falling home prices in the United States. Since then, there have been many interpretations of what exactly he might have meant, but largely it was understood that when times are good, the tide lifts even the less competent performers.
If you were, for a moment, to interpret what he said in terms of how companies deal …
Varun is a Bengaluru-based journalist and former writer at The Morning Context. In his thirteen-year stint as a print journalist, he had worked with a number of publications, including Business Standard, the Financial Times, The Economic Times and Mint.
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