Our Philosophy

Our philosophy reflects a disciplined, conviction-led approach to investing, grounded in deep research, rigorous analysis of fundamentals. Our approach, rooted in a business-owner mindset, is designed for long term investors who prioritize quality, conviction, and business fundamentals. Stock selection is guided by our proprietary Perpetual Ownership framework, built on four pillars – Durable Moat, Long-term Relevance, Ability to Reinvest, and Resilience Through Cycles.

Durable Moat
Long-term Relevance
Ability ro Reinvest
Resilience Through Cycles

About the Research Analyst

Anand Rawani, CFA

Mr. Rawani is a Senior Analyst with Horizon Research, a subsidiary of Teton Advisors, Inc., with nearly 18 years of experience in the investment management industry. He leads sustainability and risk management initiatives under the firm’s Teton One Earth framework, integrating ESG principles into products, investment processes, and stewardship. He has been closely involved in the execution of multiple SPAC mergers across Italy (VALU:IM) and the United States (DFNSU and PMVC listed on the NYSE). Earlier, he held the position of Senior Manager – Research at Bajaj Capital Limited. He began his career in financial journalism, writing for Outlook Money, Financial Chronicle (Deccan Chronicle Holdings Ltd.), and The Economic Times (Bennett, Coleman & Co. Ltd.). Mr. Rawani holds a BSc (Hons.) in Zoology from Vinoba Bhave University, a postgraduate certificate in Management of Business Finance from the Indian Institute of Finance, and the CFA Institute’s Certificate in ESG Investing. He is also a CFA Charterholder.

A Letter from The Research Analyst

Dear Reader,

Welcome to my website, MoatLane.

You might remember me from my time writing about capital markets and investments for Outlook Money and The Economic Times from early 2007 till the end 2009.

I hope you find value in the research and insights shared here. I welcome engagement from readers with a serious interest in investing.

Happy Investing!

Anand Rawani, CFA