How Civilization Broke Our Brains
This piece brings together a fine writer, Derek Thompson, and a really interesting book that goes to the heart of the some of the central issues in our lives – “Work: A Deep History, From the Stone Age to the Age of Robots” authored by James Suzman. Thompson begins the piece by helping us reconstruct […]
Winter Sunrise For Low Quality Small Caps
After witnessing steep declines over CY18 and CY19 and continued woes in 1QCY20 with the onset of the pandemic, small caps had their proverbial ‘rising from the ashes’ moment with the BSE Smallcap index returning 114% from its March 2020 low. However, a downside of this has been unwarranted exuberance in low quality small caps. […]
Should You Buy An All-Time High? – Of Dollars And Data
To wrap up the first edition of 2021, we feature a second piece from the Ritholtz stable – Nick Magguilli’s blog on whether we should buy an All-Time-High? Given how often we get asked this question these days, we featured our answer in one of our recent newsletters. In this newsletter, we highlighted the futility of […]
Stripe wants to be a one-stop shop for small business
India’s most valued unicorn, Paytm happens to be a fintech, in particular a payments company. As the world turns digital, payments technology companies have disrupted one of the world’s largest businesses in terms of volumes. The incumbents Visa and Mastercard have also gained from this transition to be amongst the world’s most valued companies. This […]
A Short History of Chasing The Best Performing Funds
Past performance is not an indicator of future returns is a disclaimer well worth it as data shows very little persistency in fund performances. Yet, most investors tend to ignore this data and behave in exactly the opposite way – they pile into funds which have had a great run and exit after period of […]
The real Lord of the Flies: what happened when six boys were shipwrecked for 15 months
Last week, we featured a piece that talked about how human beings are evolutionally wired to be good as acts of kindness and charity have a positive effect on our physical health and well being and therefore should support the survival of the fittest i.e, the kindest theory. This is a heart-warming piece on similar […]
The Tim Ferriss Show Transcripts: Jerry Seinfeld — A Comedy Legend’s Systems, Routines, and Methods for Success
Jerry Seinfeld created with Larry David the most successful TV comedy serial ever, “Seinfeld”, which ran for nine seasons on American TV and garnered every conceivable award. Many professional comedians rate it as the best sitcom ever created. Remarkably, Jerry walked away from his creation right when ratings were at their highest. Subsequently, this creative […]
Fluid Thought: The Art of Exploring Without Expecting
We start the New Year with two contrasting pieces on creativity. The first piece argues against the sort of process driven structured work that folks like us at Marcellus have to do on a daily basis: “Much of the time, work is the process of actualizing whatever has already been constructed in the mind. We take […]
SIP vs Market Timers – Who Wins the Consistent Compounding Race?
Over the past 25 months, investors who waited for a market correction before deploying top-ups from their recurring income into Marcellus’ CCP PMS would have experienced a significant drag (of at least 3-5% on annualized returns, if not more) vs SIP based investments. This is due to a combination of three factors: a) low correlation […]
The Best of 2020
The Best of 2020 2020 has been such a remarkable year that it is now considered cliched to use the word ‘unprecedented’ to describe it. All of us have had different ways of dealing with increased stress levels from concerns about the safety of our loved ones, coping with working from home and from managing […]
Why being kind to others is good for your health
Human beings are wired to do good, says this piece in the BBC by Marta Zaraska, the author of Growing Young: How Friendship, Optimism and Kindness Can Help You Live to 100. Adam Grant said of Marta’s book: “If you care about the length and quality of your life but can’t stomach yet another diet or […]
Why Capable People Are Reluctant to Lead
We all know people who we believe would make great leaders but have failed to grab leadership opportunities that were theirs for the taking. Arguably, their reluctance itself could make them less worthy of the leadership role despite all other qualities being in place but this piece from HBR tries to address the former – […]
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