I remain convinced - the biggest contributor to speed of investing learning absorbtion (and thus success) is early exposure to successful models - that can be easily understood and practiced by anyone that the model resonates with.
Had there been no Capital Allocation challenge by Dnyanesh in 2011, our entire journey at VP would have been very different. (lower grade for sure). We were lucky - we got exposed to Capital Allocation, Art of Valuation, BUsiness Value Drivers - early!! in our infancy!!
We are always intrigued that in a motely group of say 40-50 coillaborators working closely at VP (having almost the same data, insights, and regular discussions), usually NOT more than 4-5 folks have the same conviction in a business. That’s why the Market exists, we are told.
BUT probably even with such constraints (we are all hard-wired differently, most decision-making is automatic) can we exemplifty better - capture how very successful investors - make their decisions (after doing a lot of hard work) right from the choice of business to bet the house on (at opportune valuations)
If we can capture the essence of 10 different highly successful styles (repeatable patterns the succesful investor swears by, and his/her track record speaks for it), we would have done a great job in providing that early exposure to lakhs of new investors!!
And imagine what journey they woukld be on!!