Two #goodreads before markets open:

1. Thoughts on increasing competition in Paints. Can aggressive capex by $Grasim Industries Ltd , JSW Paints spoil the party for $Asian Paints Ltd ? The author explains why he thinks it will have limited impact. While Grasim can use distribution of UltraTech, it will not be easy to match the dealer network or create that ecosystem of paint contractors. Grasim's targeted IRR of 20% on Paints business will be difficult to achieve if they enter into a Price war. So the only way forward is to expand the market. A MBA case study material:

2. List of book classified by impact and category by Kiran D, one of the finest investors I know. Will try to get him here soon: