Market twists and turns, unraveled
Peter Oppenheimer, Goldman Sachs’ chief global equity strategist, has published a new book. Titled “The Long Good Buy”, the book looks at bull markets and their denouement in the US and in the UK over the past 300 years. Oppenheimer’s book “…describes multiple types of bull and bear markets, including cyclical, event-driven, structural and even non-trending.” […]
The Long Game of Coronavirus Research
If you are one of those who believes that a Coronavirus vaccine is just around the corner, you need to read this piece: “In 1984, President Reagan’s Health and Human Services Secretary, Margaret Heckler, said, “We hope to have a vaccine ready for testing in about two years.” Almost four decades later, there is still no […]
Importance of Lethargy Tests in Consistent Compounding
Consistent compounding requires focus and discipline over long periods of time. However, just like assembly line workers in a manufacturing process may find themselves bored by the repetitive nature of their work; consistent compounders also run the risk of boredom / fatigue / complacency in the long run. This can then lead to mistakes cause […]
Introducing Kings of Capital – our financial sector PMS
Over the past decade, India’s Financial Services sector has been hammered by demonetisation, the ILFS crisis, Yes Bank’s collapse and now the Covid crisis putting extreme pressure on weak lenders. However, history shows that investing in high quality financial stocks during a crisis proves to be highly rewarding. The key objective of our “Kings of […]
A Masterclass In Leadership: The Last Dance
Our readers have been on a roll sending us super interesting stuff to read. Many thanks and please keep them coming. This one is in response to a piece in the FT we featured a few weeks ago on the must watch Netflix documentary “The Last Dance” – about the Chicago Bulls’ dream run through […]
The Role of Cognitive Dissonance in the Pandemic
In last week’s 3L&3S we featured a piece about “Why facts don’t change our minds?”. One of our readers responded to that piece with this one which kind of steps back and attributes it to the aspect of cognitive dissonance. This piece is by Elliott Aronson and Carol Travis, who are social psychologists and authors […]
India, Jio, and the Four Internets
Ben Thompson is one of the more insightful commentators on the strategy aspects of technology. In this piece, he highlights how Jio Platforms is likely to achieve something that no telecom operator in the world has managed to i.e, adding a layer of profitable services to better monetise its high cost network infrastructure. More importantly, […]
Why Remote Work Is So Hard – and How It Can Be Fixed
We have been featuring quite a few pieces on Working From Home (WFH) for it affects most of us in a meaningful way and looks likely to stay this way for a while. Earlier this month, we featured a piece on the long unhappy history of WFH.As a response to that, one of our readers shared […]
Racist issues continue in South Africa cricket 29 years after readmission
For those of us who came of age in the 1990s, the liberation of South Africa from apartheid was probably the most inspiring event of that decade. Reading Nelson Mandela moving biography – ‘The Long Walk to Freedom’ – and then visiting the Robben Island prison where the great man was incarcerated for over three […]
Five dangerous things you should let your kids do
In this TED talk the speaker says that we don’t help our kids by making the world around them as safe as possible. Gever Tully says that we can do a few simple things to make our things creative, confident and in control of the environment around them. So what are these things. #1: play […]
When Products Drive Profits
Some of the most inspiring entrepreneurial stories are written when professionals venture out on their own. Building on their education and/or experience, these professionals usually strive to build product-centered businesses, forever changing the utility of the product in the eyes of the consumer. The key challenge in building pathbreaking products is balancing the economics of […]
The USD 30 Billions Sales-&-Leaseback of India’s Internet Economy
Twin short reads on India’s internet economy – the first on how India is selling itself short and the second on how to fix it. Vibhu Arya over-simplifies the subject somewhat but the simplicity makes it an interesting read and help build a perspective on what is clearly the most defining aspect of India’s economic […]
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