My life littered with failures: Saurabh Mukherjea after failing to beat market in last 3 years

Marcellus Investment Managers, its founder Saurabh Mukherjea encouraged market participants to direct as much criticism as possible. The fund's marquee consistent compounders portfolio has delivered a return CAGR of 17.4% over FY19-24, which is broadly in-line with the portfolio' EPS CAGR of 17.8% in the same period.

Marcellus acknowledged that the portfolio performance (pre-fees) should have exceeded the EPS CAGR by a reasonable margin and they have fallen short in this regard.

Leaning on his past examples, where Mukherjea acknowledged that he failed multiple times in various aspects of his life, and the learnings from which have only held him in good stead.

«My first failure that I can remember was failing Hindi in Class 3 in St Columba's School, New Delhi. Thereafter, my life has been littered with failures eg. failing to make it to the school cricket team, failure to get into some of the colleges in which I wanted to study, failure to get the jobs that I wanted, failure to win the deals that I wanted, failure to write the books that I wanted to write, and most recently, failure to beat the market over the past 3 years,» Mukherjea wrote in a LinkedIn post.

Mukherjea said his resolve was strengthened 15 years ago when he read what Danny Kahneman had once remarked to journalist Jason Zweig, «Do you have any idea how lucky you are to have thousands of people who can tell you you’re wrong? „

Live Events

«Please keep the criticism coming. My colleagues at Marcellus Investment Managers and I will be the wiser for