Sunderlal Bahuguna: A Himalayan voice for ecological truth and social justice
Anyone’s death is a cause for grief and mourning but with some people, it is a time to celebrate the life that they lived and ensure that the values and beliefs they stood for are kept alive for future generations to carry on. Sunderlal Bahuguna, one of India’s foremost environmentalists, most famously known for his […]
Daniel Kahneman: ‘Clearly AI is going to win. How people are going to adjust is a fascinating problem’
Daniel Kahneman, the Nobel prize winning psychologist and author of the fascinating book ‘Thinking, Fast and Slow’ is back with a new book, ‘Noise: A Flaw in Human Judgement’. Given what we learnt about the biases which affect human judgement from the first book, a book from the scholarly Kahneman about Noise, a factor we all encounter in […]
Distribution and Demand
Last summer, following Jio’s slew of deals with global investors and tech companies, Ben Thompson, one of the more independent thinkers about the business of modern day technology, put out this piece connecting Jio’s telecom infrastructure to the layers of services including media content, built on top of it. In his latest piece, he analyses the takeaways from […]
Thomas Piketty is right: Everything you need to know about “Capital In The Twenty-First Century”
Now let’s move from Paul Graham’s theory to see an application of this theory i.e. let’s dig into one of the most original books published this century. Thomas Piketty’s “Capital in the Twenty-First Century” was published in 2013. At that time, the discourse on the widening inequality in income was already five years old. Piketty […]
How to think for yourself (and ‘independent vs conventional thinking’)
One of the privileges of working for Marcellus is that our colleagues share plenty of non-Finance related reading material such as this outstanding blog from Paul Graham which is useful as it is thought provoking. Paul Graham’s Wikipedia page says that he is “an English-born American computer scientist, essayist, entrepreneur, venture capitalist, and author. He is […]
Why investors in high quality Financial stocks should stay calm during turbulent times
The Indian Financial Services sector provides long term investors an opportunity to benefit from three tailwinds which are unique to India: (i) the Financial Services sector grows at a multiplier of real GDP growth. In addition to being one of the faster growing economies in the world, India’s banking sector credit growth since the global […]
The 3 Science-Backed Strategies That Can Help You Achieve Your Post-Pandemic Goals
Five months in 2021, many of us have already given up or lagging behind on our goals for the year or resolutions we made to improve our habits and lives in general. Here’s a piece in the Time magazine by Katy Milkman, a professor of behavioural change at Wharton, where she shares three practical approaches that […]
Makers Keepers: What can we learn from listed vaccine makers
As India’s pandemic continues to rage on, moving into small town and rural India with even greater inadequacies in terms of medical infrastructure, experts are unanimous in our only way out of it is to vaccinate ourselves out of it. Yet, India’s vaccination program has only gone in reverse gear with vaccination rate dropping across the […]
How Much Energy Does Bitcoin Actually Consume?
Earlier this week, Elon Musk announced that Tesla has suspended accepting Bitcoin for its vehicle purchases triggering a sharp fall in the cryptocurrency’s price. Musk cited concerns about “rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal” for his decision. It is hard to believe Musk realised this only now having begun to […]
FinTech, BigTech and Cryptos – will new technology render banks obsolete?
Two weeks ago, we featured a piece on crypto by Ben Hunt somewhat misleadingly titled “In Praise of Bitcoin”, where he actually raises significant regulatory risks for Bitcoin and the likes. Whilst the piece pointed to specific recent changes in regulation, it did carry a lot of rhetoric. This time we feature a perspective from a regulator, Ida […]
Interview with Brian Bares, Bares Capital Management
Like other professionals, we try to learn from compatriots across the world and we are particularly interested in other investment strategies similar to ours i.e. long-only, low churn, concentrated portfolios. In that context, we found this interview with Brian Bares to be very useful. We start with some background on Mr Bares: “Brian Bares founded Bares […]
Why Sanjaya Baru looks at the dismantling of an old order of power elites for a new ideological hegemony in ‘India’s Power Elite: Caste, Class and Cultural Revolution’
Sanjaya Baru has done it again. Seven years ago his book on the then PM, Manmohan Singh – titled ‘The Accidental Prime Minister’ – captured the zeitgeist of the last days of the Congress-UPA era. Then then Opposition latched on to the book as proof of the supine nature of the UPA Government. Seven years […]
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