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India’s $22B IPO gold rush offers a 17.4% CAGR, but is the "alpha" real? We break down why new listings are the market’s high-stakes roller coaster.

Is the "AI panic" in Indian IT justified? We explore why experts see evolution, not extinction for TCS, Infosys, and Wipro.

Windmill Capital covers 5 major stories from 2025 along with other updates like rebalance, defence modernization & gold flipping 18Y narrative

A year in review of the ideas, questions, and frameworks that shaped our thinking on markets, behaviour, and investing in 2025.

One exceptional year made gold look superior to stocks. But 18 years of data tells a very different story about wealth.

As we close the books on 2025 and open the first chapter of 2026, the question we need to ask is what kind of market we're heading into.
