India’s Kings of Capital – Part I: Uday Kotak
“Sometimes we are asked what it is we do all day – given we are not trading in and out of our holdings. One answer is that we are watching very closely the capital allocation decisions taken by the boards of the companies we hold – knowing that cumulatively and over time it is the caliber of […]
The Test offers plenty even for those who hate the Australian cricket team
This piece is a review of a documentary that began streaming on Amazon Prime Video earlier this week – a documentary about the resurgence of Australian cricket from the ignominy of the ‘sandpaper gate’ (the ball tampering scandal in South Africa) to winning the Ashes last year. The series stands out for the seamless access […]
The One Guarantee in the Stock Market
Losses in the stock market are a feature, not a bug – and we have another grim yet timely reminder of that. When Charlie Munger was asked in 2009 about how worried he was that stocks had fallen by 50%, he is reported to have said “Zero. This is the third time Warren and I have […]
How canceled events and self-quarantines save lives, in one chart
Elon Musk reckons the ‘Coronavirus panic is dumb’. Several others have criticised the panic reaction of bringing normal activity to a halt as a significant drag on the economy which could have bigger ramifications on people’s lives through loss of livelihood and related stress. However, this article provides a practical reason to adopt ‘social distancing’ […]
The Coronavirus Is Creating a Huge, Stressful Experiment in Working From Home
We are living in such times that WTF is no longer the most popular three letter acronym featuring the letters W and F, having been surpassed by WFH – Working From Home. Some industries such as tech and media have been used to people working from home over the years but never has this phenomenon […]
The boys learning anti-sexism in India
In India we have almost become indifferent to reading about crimes against women. For decades now the daily news has contained stories of rape & brutality against women. The authorities seem to be stirred into life only if a middle class woman is raped and then murdered. Given the scale of the issue and given […]
We’re not prepared for the end of Moore’s Law
At Marcellus, we go wild with happiness when we find well written, insightful reading material. This piece fits that description perfectly. Mr Rotman begins by explaining why over the last 50 years Moore’s Law has underpinned pretty much all the technological progress we have seen in the world around us: “Gordon Moore’s 1965 forecast that the […]
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