How China Controlled the Coronavirus
A few days ago, pictures of a massively crowded pool party at a water park in Wuhan went viral, leaving people across the world stunned as to how their lives could not have been more different – working from home, no or limited interactions with friends and family and certainly no events with mass social […]
India and China might not want war, but will not be able to will peace either
Whilst Pratap Bhanu Mehta has made the occasional error of judgement in the past (who hasn’t?), in this piece he is back to his level-headed analytical best when he says “…it is worth looking beyond the morality of the claims and counter claims, at the structural logic of the situation to see why India and China […]
Over and over and over again: Jimmy Anderson keeps on running
This long essay on the most successful fast bowler of all time, the one bowler that no Indian batsman (barring perhaps Virat Kohli) has mastered, Jimmy Anderson, is a tribute to many of the skills we have paid homage to in “The Victory Project: Six Steps to Peak Potential”. These skills include deep specialisation, clutter reduction, […]
How to spot naughty lenders in India?
Given the leveraged business model of lenders, investors need to be even more vigilant about accounting quality when investing in banks and NBFCs. We find a clear correlation between accounting quality and share price returns of Financial Services companies. In specific, companies with only the highest accounting quality have managed to generate positive returns over […]
BloombergQuint | Talking Point With Saurabh Mukherjea
Know Your 4C Fund Manager – Motilal Oswal Private Wealth Management
Declining COVID-19 Case Fatality Rates across all ages: analysis of German data
Amidst the alarmist reports about continued rise in Covid cases in India, here’s a positive set of research findings. Analysis of German data shows that death rates (Case Fatality Rate or CFR) from Covid have been consistently declining. One of the explanations for that had been that as testing became more widespread, more and more milder […]
5 Lessons on Coping and Thriving from Around the World
The philosopher, Eric Weiner, is the author of three bestselling books on philosophy – “The Socrates Express: In Search of Life Lessons from Dead Philosophers”, “The Geography of Genius: Lessons from the World’s Most Creative Places” and “The Geography of Bliss: One Grump’s Search for the Happiest Places in the World”. In this entertaining essay, […]
R.I.P David Graeber – Prophet of Wall Street
David Graeber, the scholar, anarchist and intellectual leader of Occupy Wall Street passed away on 2nd September. One of the most original and influential thinkers on Economics and Finance over the past 20 years, we join the Indian Express in celebrating this polymath: “David Graeber, the anarchist who powered the Occupy movement with intellectual rocket fuel, has […]
SoftBank, Robinhood and a Margins Singularity
Last week we featured two pieces on short term price movements – first, Aswath Damodaran on the meaningless rally in Tesla and Apple on news of stock splits and second, Softbank’s big derivatives bets in tech. As Nasdaq continues to tumble this week as well, there is more clarity emerging on the role of derivatives in pushing up the […]
Tech = unoriginal, lazy, consensus, etc
The next long read later in this edition discusses the Softbank effect on the tech stock rally this year and how it could unravel. This blog whilst not defending the rally, is an attempt to address common misperceptions underlying the criticism of owning the popular big technology companies – consensus trade, popular stocks, too expensive, too […]
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