Note from Jaydeep, Co-Founder & Group CEO at Rebel Foods

Hiring a Young Warren Buffett

As we refine our flywheel of operating systems, brands, and distribution, we’re looking to acquire or invest in a few beloved restaurant brands across the country.

Over the last couple of years, we’ve acquired and scaled brands like Smoor and the Wendy’s India master franchise — learning a ton along the way. We now have a better sense of what kind of brand we want to partner with — and how to grow them using our operating system of kitchens, tech, culinary innovation, and nationwide supply chain.

This is a space I am personally spending a lot of time on — looking for gems that have broken through a minimum scale and are loved by customers. And now, I’m hiring one sharp, young person to work with me full-time on this for 12-18 months.

After that? Maybe you’ll end up running one of the brands. Or take up an exciting role or start something new at Rebel. Or launch your own thing.

Who could be this person?

As Buffett (and Munger) have said again and again, the game of investing is fundamentally simple (but not easy):

“Buy great businesses at a fair price and hold on to them forever.”

Which means three things:

1. Understand if a business/brand is great: what drives it, what are the core economics, is there a moat (brand, supply chain, scale, etc), why customers love it, how good is the management, how is the culture, what does the competitive landscape look like?
2. Figure out the intrinsic value of the business based on growth potential, margins, and return on capital invested, and arrive at a price that’s at or below that number.
3. Buy and hold on forever if the above two check out, through thick and thin.

While the last one is on me, the first two will be your essential deliverables (primarily through furious data-backed debates with me and a couple of other folks at Rebel).

This does not mean you need 20 years of investing experience, or even 20 days. It does mean you should:

• Have a curious, deep-thinking, analytical, dot-connecting, full-of-humility, always-learning kind of mind. (Super high IQ is not the metric. Especially if you think yours is even higher than it actually is. According to Munger, it’s a recipe for disaster.) Trust me, we’ll test for all this
• Be young enough to be an AI/social media native. “Young at heart” does not count. Between you and me, our average age is already pretty high.
• Have an inherent love for all things food. Eating and passing judgment on the food will be an integral part of the job.
• Have what we call the Founder Mentality — essentially, the value system of Rebel. Please review this note if you are applying.

Nothing else is mandatory — not any specific educational background. Not any particular work experience.

This is an opportunity to learn how to value businesses — something B-schools try to teach (after charging a bomb) but mostly fail at (speaking from experience). It’s also a chance to engage with passionate founders and learn what makes brands most loved.

The Application

If you’re up for it, here’s what you’ll need to submit in writing: a two-page PDF consisting of

1. Three non-obvious investing insights from Buffett/Munger (enough on the internet for you to read up). You may already be a WB/CM fan, so you won't have to start from scratch.
2. A note on how you’d identify restaurant businesses with tremendous potential.
3. What is your favourite restaurant and why?
4. A note on who you are, what shaped you and your thinking, and why you’re the best person for this role.

A couple of more essential things: This will be a role based in our Mumbai office (no WFH or other similar abbreviations) and will involve culinary trips across the country ( so a good appetite will be key).

Please take your time. This will need some doing. And reading. And thinking. And Writing. And maybe some eating as well. Hence, we are keeping July 31. 2025 as the deadline.

You can submit your responses on the following Link or apply through the job link below.

And if this sounds like someone you know, please pass it on.

PS: Some incredible books on Buffett/Munger thinking, in case you want to read up (or ask ChatGPT to summarise :)):

Essays of Warren Buffett (Cunningham)

Buffett and Munger Unscripted (Morris)

The Warren Buffett Way (Hagstrom)

Warren Buffett - The Making of an American Capitalist (Lowenstein)

University of Berkshire Hathaway ( Peacaut, Wrenn)