Motilal Oswal Financial Services has built a Rs 9,000-crore treasury, doubling every two years, inspired by Warren Buffett’s Berkshire Hathaway. This strategy, a contrarian shift in FY15, has become a powerful second growth engine, enabling 31% decadal operating profit CAGR without external equity. The firm achieved multibagger returns in AU Small Finance Bank and the unlisted National Stock Exchange (NSE).
Originally published by The Economic Times https://economictimes.indiatimes.com/markets