Short read: Finding the Edge: A masterful tale of Jimmy Anderson’s cricketing journey
Who is the greatest fast bowler ever? Answers are likely to range from Wasim Akram to Malcolm Marshall to Sir Richard Hadlee or even a Glenn McGrath. Jimmy Anderson would perhaps be way down the list on that vote. But if greatness is about longevity at the top, there is little to debate Anderson’s candidature. […]
Short read: Have humans passed peak brain power?
A key reason for us human beings to dominate the planet has been our reasoning power or intelligence. Unfortunately, that seems to be on the wane for our species as a whole according to this FT piece. The article notes the recent results from PISA, the OECD’s international benchmarking test for performance by 15-year-olds in […]
Short read: Jet Dilemma
You know you are in trouble with your jet procurement policy when the US President says in public that you will be buying a jet which you actually cannot afford to buy. The team at the Statesman lay out the muddle that is India’s jet procurement policy: “India’s fighter jet procurement strategy is at a […]
Long read: Interview with Joerg Wuttke: “An America in Self Destruction Mode Is Seen With Great Pleasure in Beijing”
With Trump’s ‘shock and awe’ policies, all conventional macro thinking is proving useless. Geo-politics from Trump’s trade and foreign policies amidst technology disruption from AI is only making it that much complicated. Financial markets across the world’s three largest economic zones – the US, EU and China have behaved differently off late with the former […]
Long read: Selling Water: How Punjab’s Basmati Exports Are Worsening Its Groundwater Crisis
Did you know that it takes 5,000 litres of water to grow 1 kg of rice? And did you know that India – increasingly a water deficient country – merrily exports rice to more than 170 countries. In fact, we learnt from Anant Prakash’s nerve shattering story of policy incompetence that, “India is the world’s […]
Long read: The Last Decision by the World’s Leading Thinker on Decisions
Jason Zweig of the WSJ has written a mind-blowing bittersweet article about his friend and one-time collaborator, the Nobel laureate Daniel Kahneman. (Jason helped Danny write the mega bestseller, ‘Thinking, Fast & Slow’.) The focus of the article is Danny’s decision, at the age of 90, to take his own life in mid-March 2024. It […]
Short read: Why it’s possible to be optimistic in a world of bad news
In the investing world, bulls are deemed reckless and speculative whilst bears are regarded particularly thoughtful and rational. In the world at large too, optimists are seen as delusional whilst pessimism is justified given the inevitable troubles surrounding us. Yet, as this author argues, optimists are the ones with the power to change the world. […]
Short read: Perspectives on Market Downturns
Market downturns are undoubtedly stressful and stress induces us to think and act irrationally. Very few of us can keep our wits about, something very important yet rare in the business of giving investment advice. Rubin Miller is one such rare individual providing some sensible perspective in this blog. First a few guiding principles he […]
Short read: India’s Young Entrepreneurs Aren’t Hungry and That’s a Reason to Worry
The issue of why the progeny of so many rich people are choosing to run family offices is as topical as it is important. It is topical because a month ago Uday Kotak called out this issue when he said: ““I would love to see this generation be hungry for success and build operational businesses,” […]
Long read: Global Value Investing in Our Era
Li Lu attained iconic status in value investing circles as the fund manager who earned the trust and respect of the legendary Charlie Munger to manage his family money. A couple of years ago, we featured a piece in the FT that detailed his remarkable life journey beginning with losing his parents in Mao’s cultural […]
Long read: India’s pilot training pipeline is broken. Crores spent, old aircraft, long wait for jobs
Did you know that it can cost more than Rs 10mn to become a commercially licensed pilot in India? For several years now, Antara Baruah has been doing a brilliant job for The Print’s readers by bringing us fact-based, in-depth stories which capture the bittersweet flavours of India’s uneven economic development. This long read on […]
Long read: The Path to American Authoritarianism: What Comes After Democratic Breakdown
This bleak piece is essential reading if you live in a democracy which is currently ruled by a demagogue such as Trump. Steven Levitsky of Harvard University and Lucan Way from the University of Toronto are distinguished political scientists. If you are too busy to read their outstanding piece, here is the crux of it: […]
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