Consistent Compounders

Shareholder value isn’t past its sell-by date as a corporate goal

We featured a piece a couple of weeks ago, reigniting the debate on whether the sole purpose of a corporate is to maximise shareholder value like Friedman brought to believe in his now famous essay 50years ago or to deliver value to all stakeholders – workers, suppliers, environment and the society at large. In this […]

Oct 11 . 4 MIN READ
Consistent Compounders

The Best Way to Compete with Big Companies: Do Nothing

There are growing concerns on how the global economy is getting concentrated into the hands of a few large technology companies, where the big are getting bigger and rapidly expanding into far flung domains. Here’s a story of how a small company can stand up to its larger competitor and win by simply focusing on […]

Oct 11 . 4 MIN READ
Consistent Compounders

Inside the airline industry’s meltdown

The airline industry despite the crucial role it plays in connecting the global economy, is notorious for destroying value. Even the relatively young Indian private airline industry has seen almost all airlines either go bankrupt or shutdown with two of the three major players left standing are on the brink, the financials of the dominant […]

Oct 11 . 5 MIN READ
Consistent Compounders

I stopped using screens on Sundays. This is how it changed my life

The author says that after an episode of seizure & fainting in 2019 she decided to slow down her life. She reduced her phone usage but inspite of that the stats on her phone told her that her weekly usage time wasn’t coming down: “I turned off my notifications years ago; my phone doesn’t join me […]

Oct 11 . 3 MIN READ
Consistent Compounders

What Warren Buffett sees in Japan Inc

In late September, Warren Buffett’s Berkshire Hathaway invested $6.5bn in five Japanese trading houses that are well over a century old. “Berkshire’s investment in 5% each of Itochu, Marubeni, Mitsubishi, Mitsui and Sumitomo, though small relative to his investment firm’s $140bn mound of cash, was its biggest outside America. It said its stakes could increase […]

Oct 11 . 3 MIN READ
Consistent Compounders

Spotlighting V-Mart Retail

This month we place the spotlight on another portfolio company, V-Mart Retail, the largest affordable fashion apparel retailer in tier 2, 3 and tier 4 cities of the north-eastern Hindi heartland. V-Mart commands one of the best RoCEs in Indian retail (pre-tax average RoCE of 28% over FY17-20) and has delivered net earnings CAGR of […]

Oct 08 . 7 MIN READ
Consistent Compounders

Healthy gut, improved mood? The link between your microbiome and mind

The presence of bacteria in our intestines which help in digestion has been well-known but now with a breakthrough in technology that helps detect these bacteria better, there is a new field of research emerging, one that seems to establish links between gut-health and mental health, suggesting that the benefits of eating nutritious food may […]

Oct 04 . 2 MIN READ
Consistent Compounders

The making of an open source dictionary

We could not have done a better contextual introduction to this piece than the author’s own: “This is not a post on fintech, or even technology for that matter. This is the story of a product of tenacity, selflessness, and passion; a product that will transcend and outlive most technology we know of. This is […]

Oct 04 . 3 MIN READ

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