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Value Investing: The Starvine WayAuthor: Starvine Capital
What are the most important questions to ask when assessing an investment? Enjoy the ride with us as we will target specific topics and interview experts about the markets, industries and more. Send us your questions to: Podcast@StarvineCapital.com Company profile: www.StarvineCapital.com Language: en Genres: Business, Education, How To, Investing Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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What I Learned About Investing From Darwin - Part 3: Don't Be Lazy - Be Very Lazy
Episode 8
Friday, 12 December, 2025
In this episode of Value Investing: The Starvine Way, we wrap up our three-part deep dive into Pulak Prasad’s "What I Learned About Investing from Darwin" — and tackle the most counterintuitive pillar of his philosophy: “Don’t be lazy… be very lazy.” At first glance, that sounds like standard investing advice: trade less, be patient, let compounding work. But Prasad goes much deeper. Drawing on evolutionary biology, punctuated equilibrium, and decades of real-world investing results, he explains why short-term volatility is often meaningless — and how inactivity, when applied to the right businesses, becomes a powerful competitive advantage. In this episode, we explore: Why evolution (and business) changes rapidly in the short term but stabilizes over long periods The Grant–Kurtén Principle of Investing (GKPI) — using short-term “shocks” to buy, not sell Real case studies like WNS, Thermax, and Page Industries that show how rare buying windows drive outsized returns Why Prasad almost never sells — and the only three reasons he ever does How most wealth is created by a tiny handful of companies, held for very long periods Why focusing on IRR often sabotages true multi-baggers How boredom, patience, and doing nothing separate great investors from merely smart ones We also cover why: Creative destruction is slower than most people think Stock price movement is not the same thing as business change The biggest gains happen on a tiny fraction of trading days — and you only capture them if you stay invested I’ll also share where my own approach slightly differs when managing real client portfolios — especially around valuation and concentration risk — while still embracing the core lesson: great businesses deserve time, not tinkering. This episode is about resisting the urge to act, tuning out noise, and letting compounding quietly do its work — even when it feels uncomfortable, boring, or downright wrong. If you’ve ever: Sold too early Traded too much Or confused price movement with business reality …this one’s for you.
