Value Tortoise

What 50 years of returns tell us about gold

Gold is in the news again, and why wouldn’t it be?

Oct 12 • 

Dhruv Maniyar

3

2

What I loved reading this year

Articles not books!

Oct 6 • 

Dhruv Maniyar

1

September 2025

Why my equity research now starts with an LLM

A useful prompt for research

Sep 11 • 

Dhruv Maniyar

5

2

August 2025

Between Queues, Rain, and football

A Year in London

Aug 29 • 

Dhruv Maniyar

7

50 Books That Stayed With Me: 5 of 50

5 out of 50

Aug 10 • 

Dhruv Maniyar

4

Luck will matter more in the future

Imagine a cricket match between India and Ireland.

Aug 2 • 

Dhruv Maniyar

5

July 2025

Why Am I Always Going to Jail When Playing Monopoly?

Sometime during the pandemic, I read The Indisputable Existence of Santa Claus by Hannah Fry and Thomas Oléron Evans.

Jul 17 • 

Dhruv Maniyar

4

Fund Managers Dance to Different Beats

A factor based analysis of some mutual funds

Jul 5 • 

Dhruv Maniyar

1

A Love Letter to Wimbledon

We went from landlines to smartphones that now carry entire lives in our palms.

Jul 3 • 

Dhruv Maniyar

8

3

June 2025

Reflexivity in the Age of Instagram

The feedback loop we are all caught in

Jun 23 • 

Dhruv Maniyar

7

50 Books That Stayed With Me: 4 of 50

4 out of 50

Jun 18 • 

Dhruv Maniyar

6

1

What Returns Can You Really Expect From the Stock Market?

I am sure you have come across this question or maybe even asked it yourself: “If I put my money in the stock market what kind of returns can I expect…

Jun 15 • 

Dhruv Maniyar

7

1