India, Sept. 16 -- Reddit can be quite a cesspool of information but often comes up with the most pertinent of questions-this time it's on Zerodha.

What does Zerodha do differently? How are they profitable? Why not a Zerodha IPO, when rival Groww is eyeing a listing and Jio Blackrock looks to upset the applecart of India's largest stock broker? Nithin Kamath chose to respond, but on X.

"I believe the philosophy with which we run Zerodha will be our real moat as a business," the co-founder and chief executive of the Bengaluru-based stockbroker said. "It is very tough to stick to it as a public company."

What followed was a story.

"Things in business compound over time, especially if you like or love what you are doing and if you are lu...