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Side Notes by Zerodha Varsity

by Zerodha Varsity
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Latest episodes

  • American Express - Why Buffett likes it more than Visa and Mastercard?

    March 25, 2026 · 11 min

    American Express is one of Warren Buffett's longest-standing bets. For over three decades, Berkshire Hathaway has held onto AmEx, through recessions, market crashes, and massive shifts in the payments industry. This is interesting given…

  • Is Louis Philippe Indian or French?

    March 17, 2026 · 8 min

    Louise Philippe, Monte Carlo, Blackberrys, Bella Vita, and Da Milano are all foreign names of Indian brands. Is there a reason why Indian brands adopt English or European-sounding names? Does it have to do with perceptions of quality and…

  • What went wrong with Intel? What is it up to now?

    March 10, 2026 · 11 min

    Intel's quintessential Intel Inside sticker on laptops and in the marketing materials of other PC brands helped it achieve global dominance in processing chips.  However, another brand, TSMC, without any marketing and visibility on any…

  • Poka Yoke - Toyota's design thinking

    March 3, 2026 · 7 min

    The Toyota Production System (TPS) is a manufacturing system to ensure minimum wastage while constantly striving to improve quality. TPS is efficient, flexible, and extremely quality-conscious. Poka Yoke is one of the many ideas developed…

  • How Lenovo took over IBM to become the world's largest PC maker?

    February 24, 2026 · 9 min

    In 2004, Lenovo bought IBM’s iconic PC division. But this wasn’t an overnight leap — it was the result of years spent learning inside the value chain. Starting as a distributor of laptops for global brands like HP, Toshiba, and IBM in…

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  • Why Apple Moved To The Type-C Charging Port?

    February 17, 2026 · 10 min

    Apple is known to be restrictive in letting its devices connect or share data with non-Apple devices. It has a lot to do with delivering a clean user experience and utmost digital security. In a way, it also compels an Apple user to buy…

  • Revlon's fall from glory to bankruptcy, and revival

    February 10, 2026 · 12 min

    This episode explores the journey of Revlon — from a brand that sold glamour and aspiration to one that filed for bankruptcy nearly a century later. It traces Revlon’s early success, its marketing genius, the landmark hostile takeover that…

  • The curious case of Narayana Health's profits

    February 3, 2026 · 10 min

    Narayana Health's 40% profit comes from just a small business in the Cayman Islands. Is it the pricing power or a different brand identity that Narayana enjoys in Cayman? Cayman might be a star of a business, but there is also some…

  • Trent and Asian Paints - A tale of two popular stocks

    January 27, 2026 · 9 min

    Trent's ROE growth perhaps explains the rally in its stock, and Asian Paints' ROE slowdown perhaps explains the dull performance of its stock. Maybe it is the time frame you look at. Trent has outperformed Asian Paints over the last five…

  • Nestle's brilliant razor and blade pricing model - and its pitfalls

    January 20, 2026 · 10 min

    Nestlé's Nespresso was a failed product when it was launched in the 1980s. A switch in product and pricing model helped make it a success. It was Nestlé's moat for a very long time, but then competitors broke it. Nestle came out strong…

  • Dmart's pseudo debt - a common accounting peculiarity

    January 13, 2026 · 9 min

    Most of Dmart's stores are owned, while a few are leased. Those leased stores are recorded as lease liabilities on Dmart's balance sheet. Lease liabilities are considered as good as debt or borrowing. It is an accounting…

  • Diet Coke Vs Coke Zero - What's the difference? Why the difference?

    January 6, 2026 · 11 min

    How can one drink be for women and the other for men? It is a day-to-day consumable, not even medicine. So, why target a drink to a specific gender? The lessons are in marketing and consumer psychology. Not just Coca-Cola, but also Pepsi…

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About the show

Byte-sized lessons on investment strategy, financial metrics, business decisions, and/or market phenomena.