How the World Bank scandal is linked to Xi Jinping regime’s growing sense of entitlement
As each week brings incremental news of the ongoing unravelling of same facet of China – either its overleveraged economy or its dictatorial politics or its repressed society – the façade that the Communist Party leadership had constructed in the forty years since Deng Xiaoping took charge of China looks ever more tatty. In this […]
The real stakes of Apple’s battle over remote work
The debate taking place between Apple and its employees – with regards to returning to office work in the post-Covid world – is likely to be playing out at tens of thousands of companies across the world. The ‘Recode’ team at Vox have done a good job in this article of capturing both sides of […]
What modern India owes its maharajahs
As regular readers of the Mint Lounge, we miss Manu Pillai’s engaging column with a refreshingly different take on Indian history. The young historian is back with a new book – False Allies: India’s Maharajahs In The Age Of Ravi Varma. India’s princely states have been reviled by India’s freedom fighters for siding with the […]
A Quiet EV Revolution is Brewing In India’s Hinterland
Whilst India’s lack of charging infrastructure is said to be a hinderance for a more widespread adoption of electric vehicles in the long-haul vehicle segment such as trucks and cars, it is an increasingly consensus view that two-wheelers are going electric soon. But contrary to what we might perceive that the adoption is led by […]
The chip shortage could turn into a chip oversupply by 2023 states analyst firm
Our appreciation of TSMC’s success is enhanced when seen in the context of the heavily cyclical nature of the semiconductor industry – the demand and supply of it. This piece suggests we might see that again. The Covid driven acceleration of digitisation has created a boom in all things electronic and hence a severe shortage […]
The Complete History & Strategy of TSMC
Podcasts have increasingly become the primary source of learning for many, partly because of the convenience of listening to it while on a run or in the gym or on commute as opposed to reading. This podcast by Ben and David in particular is very extensive in terms of background research on the topic of […]
Review of “Greed is Dead” by Sir John Kay & Sir Paul Collier and Priyanka Chopra’s latest adventure in America
We read “Greed is Dead: Politics After Individualism” over our summer holidays and whilst we loved the book, we did not bring it to your attention because we weren’t certain that you would be interested in the subject. However, having seen Priyanka Chopra’s latest misadventure in America, we felt we should bring this book to your attention […]
Will the pandemic threaten the future of big U.S. cities?
For a variety of reasons, several of us in Marcellus have been trying to think through what will happen to the WFH-model of office work as and when the Pandemic becomes a non-issue. This blog from Capital, the world’s largest actively managed listed equities asset manager, provides useful perspectives on this issue. Whilst the blog […]
Credit Growth And Per Capita Income – An Unforeseen Relationship
Globally, the relationship between overall credit growth and GDP growth is no longer as strong as it used to be three decades ago. However, in India’s case, the relationship, even though weaker as compared to the 1990s, is still robust. Moreover, as a country gets richer, retail credit starts accounting for an ever-larger share of […]
The market is unable to efficiently discount news on Financial Services stocks
Easy access to information and incessant news flow around the economy, politics, Covid, Government policies and RBI regulations makes it difficult for investors to “do nothing” and hold on to high quality Financial Services companies. Data suggests that the impact of positive or negative news flow is further amplified in the case of Financials – […]
Speculation is the new luxury good
The argument that cryptos are not backed by cashflows and hence have no intrinsic value has been countered by the logic that not all assets need to have an intrinsic value – it can have a transactional value i.e, what price other buyers are willing to pay as in art, for example. In this really short read, Seth […]
How to think like a scientist – and why you should
Whilst the article is meant for anyone and everyone to draw lessons from scientists on how to think, based on the article, it surely does seem to help to think like a scientist in the world of investing. The author presents five steps in which scientists think, we could all use as investors:“Step 1: Start […]
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