Musings to multi-baggers and mercifully few lemons

An unfiltered lookback on three years of emerging market write-ups – hits, misses and why each piece mattered

Three years ago, we set out not to chase alpha, but to cultivate it – patiently, deliberately, and often off the beaten path. What began as an experiment in emerging market storytelling has since evolved into a healthy collection of 53 write-ups and 8 podcast episodes. Each reflects the rhythm of our personal research rather than the pressures of content cycles.

Today, we mark our third anniversary with a performance snapshot: an honest accounting of what’s worked, what surprised us, and what continues to shape our thinking.

A sincere thank you to our supporters – many of whom we are fortunate to call friends, colleagues, and fellow travelers on this journey. While journaling has taken a dip due to personal and professional reasons in the past few months, we remain committed to write high-quality thoughts every 4-8 weeks.

The pyramids weren’t build in a day, but we are still laying bricks.

That said, we are proud of the evolution of our content over the past three years, including our track record of organically finding interesting emerging market companies. The goal isn’t to flood inboxes but to ensure each piece counts – whether that’s through interviews with business leaders and investors, ideation from travels, macro musings, or by putting our own capital to work based on our own journaling.