Consistent Compounders

Short read: Big tech’s great AI power grab

Whilst a lot has been said about the big technology companies or the Magnificent Seven as they call them driving the rally in the US market in 2023, this year has seen an unlikely sector leading the rally – three of the top five best performing stocks in 2024 year to date have been from […]

May 27 . 3 MIN READ
Consistent Compounders

Short read: Sunil Chhetri represents best of Indian football

A few years ago, one of the Marcellus staff members received a text message from the Indian football captain, Sunil Chhetri, saying that he had seen some of our videos, read one our books and wanted to talk. We reached out and had the good fortune to meet the great man in Kolkata. We spoke […]

May 27 . 2 MIN READ
Consistent Compounders

Short read: Why is only 10 percent of the population left-handed?

If you have ever wondered not only about why only 10% of the population is left-handed but also why left-handers’ have a higher propensity to be born in certain families (which already have several left-handers) then you might want to watch this short BBC video. Ultrasound scans show that we become left or right handed […]

May 27 . 1 MIN READ
Consistent Compounders

Long read: China will have no choice but to become more repressive, more closed, colder

China is today clearly front and center of geopolitics, global supply chain and financial markets and the interplay between the three. To that extent, we continue to look for insights from those who know better. Here’s an interview with Anne Stevenson-Yang, who has published her new book “Wild Ride: A Short History of the Opening and […]

May 27 . 5 MIN READ
Consistent Compounders

Long read: Google’s Moonshot Factory Falls Back Down to Earth

One of the standout features of the technology era has been the dominant ‘monopolies’ – from Microsoft in operating systems to Amazon’s ecommerce to Apple’s iPhones. Yet the most dominant of them all has to be Google in ‘search’ driven advertising. And this monopoly now seems to be under threat with ChatGPT and Generative AI […]

May 27 . 3 MIN READ
Consistent Compounders

Long read: How Bad Are Ultraprocessed Foods, Really?

Our colleague in America sent us this eye-opening article from the NYT which says that rather than obsessing about whether we are having too much by the way of fats, carbs or sugar what we should really worry about is whether we having too much “Ultra Processed Food” (UPF). So what is UPF? And why […]

May 27 . 4 MIN READ
Consistent Compounders

Marcellus Portfolio Performance and Update on Fundamentals – April 2024

*For relative performance of particular Investment Approach to other Portfolio Managers within the selected strategy, please refer https://www.apmiindia.org/apmi/WSIAConsolidateReport.htm?action=showReportMenu Under PMS Provider Name please select Marcellus Investment Managers Private Limited and select your Investment Approach Name for viewing the stated disclosure Consistent Compounders Portfolio (CCP) The investment philosophy at Marcellus’ CCP portfolio remains unchanged around portfolio […]

May 22 . 10 MIN READ
Consistent Compounders

Short read: Jim Simons, Math Genius Who Conquered Wall Street, Dies at 86

Jim Simons is arguably the only investor talked about in the same breath as Warren Buffett in terms of greatness. Indeed, his returns have been way ahead of Buffett’s – a spectacular 66% p.a over three decades. Few people knew about him until Gregory Zuckerman’s 2019 book  – The Man Who Solved the Market . Even then […]

May 20 . 2 MIN READ
Consistent Compounders

Short read: How David Attenborough Went From Delighting at the Natural World to Pleading for Its Future

f you have ever watched wildlife videos, chances are that the voice over in one of them was from the legendary David Attenborough. This is Smithsonian’s preview of an upcoming BBC series titled ‘Mammals’ (check out the teaser video with Coldplay playing in the background), which features Attenborough who seems to be going strong at 98. The […]

May 20 . 3 MIN READ
Consistent Compounders

Short read: The extraordinary legacy of a grounded economist

For several years now, Pramit Bhattacharya has been writing outstanding pieces for Hindustan Times and Mint. His latest column is about one of India’s greatest economist’s, KN Raj. Raj’s son, Gopal Raj allowed Pramit to go through some of Raj’s correspondence (much of it has been destroyed) during a trip to Thiruvananthapuram last year, and […]

May 20 . 3 MIN READ
Consistent Compounders

Long read: An indelible ink maker looks to make a mark beyond the poll booth

All of us here at Marcellus’ Mumbai offices are quite excited about tomorrow – where we get to exercise our franchise, the power to elect the people who govern our country. Indeed, elections are much like festivals – a celebration of democracy. There’s plenty of discourse and banter among the contestants, their supporters and the […]

May 20 . 3 MIN READ
Consistent Compounders

Long read: Blue Tokai, Black Baza, Third Wave—Indian entrepreneurs making coffee premium like wine, whiskey

Over the past year we have commented on and invested into the rise of roughly a million super rich Indians (super rich not just by Indian standard but also by Western standards). We call such Indians octopi – see https://marcellus.in/blogs/the-octopus-ascends-the-rise-of-crazy-rich-indians/ One by-product of the rise of the octopi is that niche high value products are increasingly […]

May 20 . 4 MIN READ

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