Running From the Pain
This is an interesting case study about how the financial incentives that doctors across the world face has a major impact on the treatments they prescribe to their patients. “In clinical studies, regular aerobic exercise is as effective as antidepressants in reducing symptoms of mild to moderate depression. And that’s not just because moving might help […]
How CMC Vellore Dealt With Shifting Evidence During the COVID-19 Pandemic
Independent thought in any profession is hard to build and even harder to sustain especially in a world where social media reinforces consensus opinion on complicated subjects like medicine, politics, gender, etc. In India, the Christian Medical College Vellore (CMC Vellore) has for a long time been regarded as one of the country’s most distinguished […]
Indian Financials: The antithesis of traditional value investing
For investors with a time horizon of greater than 5 years, less than 20% of the share price returns of Indian banks and NBFCs are attributable to entry valuation implying that over 80%+ of returns arise from book value per share growth. However, the proliferation of price to book (P/B) multiples in investment literature along […]
Is there a perfect way to stretch?
Most of us during our school and college days were taught that before you do strenuous exercise, you need to stretch. However, it turns out that how you stretch – before, during and after exercise – is quite important. More to the important, the typical middle-aged man’s stretch – the static stretch – is apparently […]
Don’t Underestimate the Power of a Walk
If you are missing out on your running because your knees are giving way or you are missing out on your tennis game because of that sore back, try walking. Says this article by Deborah Riegel in the HBR, that walking has more to it than just keeping yourself active and getting those 10,000 steps […]
Interview with Howard Marks: The Biggest Risk Is Rising Interest Rates
After his remarkable memo last month about the blurring lines between value and growth investing, the legendary investor and Chairman of Oaktree capital, shares his insights about the macro situation globally in this interview with The Market. Like always, there are some nuggets of wisdom for all of us. Whilst helping us understand the current […]
The Battery Is Ready to Power the World
The other long read about Elon Musk we feature this week is about the very source of his fortune – batteries that power his cars, not quite as exciting as cryptos. Musk capitalised on the breakthrough in battery technology which allows lowering the cost of electric powered vehicles whilst saving the planet from the emissions […]
The Rise and Fall of Bitcoin Billionaire Arthur Hayes
This week we feature two long reads featuring the world’s wealthiest man – Elon Musk. The first has to be something to do with his company Tesla’s announcement earlier in the week that it had invested a billion and a half of its treasury money in Bitcoin and that it will accept payments for its […]
Will Robinhood Become the Facebook of Finance?
At the beginning (i.e. around a 10-15 years ago), it was institutional investors who realised that they were no longer dependant on broker research – technology now allowed them to access information & expertise easily and at low cost. The rise of Direct Market Access trading gave institutional investors unfettered access to the order books […]
Spotlighting Mold-Tek Packaging
This month we place the spotlight on Mold-Tek Packaging, a leader in supply of injection-moulded rigid packaging in India across Paints, Lubricants and Food & FMCG industries. Mold-Tek commands one of the best operating performance track records in the packaging space with an average EBITDA margin of ~18% and pre-tax ROCE of ~20% over FY18-20. […]
The Mystery Of India’s Plummeting COVID-19 Cases
As the developed world reels under second and third waves of Covid infections, India’s case count continues to decline relentlessly defying all reason. Experts were sure of an outbreak post the festive season when Indians were out and about in hordes crowding shopping areas like ever. Yet the numbers didn’t show any signs of that. […]
Superstar Cities Are in Trouble
We have all known people who have decided to move out of big cities for good during pandemic to smaller, quainter towns with a slower pace of life – Dehradun, Goa, Coonoor among others, thanks to the universal acceptance of ‘Work from home’. As normalcy returns, several organisations are bringing their staff back to offices […]
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