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TheGreySwan

The Grey Swan Insights on value, systems, bottlenecks and the forces that shape outcomes.

Platform
Substack
PricingOnly free issuesPublishesTwice weekly
Issues77Founded5 years agoLast Issue9 days ago
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Latest Issues

Best Ideas have an Expiry Date.

Plan was to stay away from writing for sometime, since I wanted to focus on things at my workplace. But Plans and me are bit complex relationship. On weekend I read this note from , and since I was reading Samuel Arbesman's The Half-Life of...

9 days ago
26
7

Hosting the Machine

In 1786, Britain tried to protect its textile advantage by law.

The country had built the most productive cotton mills in the world, and it understood. The machines were not just machines. They were the industrial edge. So Britain made it...

16 days ago
13
5

The Molecule Was Never the Moat

In March 2025, I wrote about Jan Aushadhi as a structural force that branded generics could not ignore. The numbers then: 14,000 kendras, Rs 1,255 crore in sales through November 2024, a government with clear political intent and a target o...

21 days ago
16
1

The Geometry of Moats

It has been ten days for us in London (10 more to go), long enough to understand the city's visible order (Tubes, Bus, Local market), but not long enough to notice its older tricks. But my eight-year-old has been navigating it better than m...

25 days ago
20
3

Beyond the Moat

I am in London since last 1 week. Last Saturday, as I was walking down Oxford Street I stopped in front of Selfridges.

The façade still has that old imperial confidence. Monumental columns. Figures carved in stone: Commerce, Progress, the...

a month ago
49
5

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