Consistent Compounders

How to Feed Crowds in a Protest or Pandemic? The Sikhs Know

Amidst the pandemic and riots of 2020 when nothing seems to be going particularly right, the Sikh community in the US is quietly going about feeding thousands of people in need for free, showing the better side of humanity. The article talks about the aspect of selfless service that is an essential part of Sikhism. […]

Jun 14, 2020 . 3 MIN READ
Consistent Compounders

The ‘Don’t Worry, Make Money’ Strategy Trouncing The Stock Market By 30 Percentage Points

At Marcellus, we embrace the risk minimisation approach to investing which reflects our team’s highly sceptical view of most things in the market. Whilst scepticism does help avoid loss making prospects, it does sometimes lead to passing on potentially money-making opportunities. Here’s a century old investment firm which is taking the opposite approach of positive […]

Jun 14, 2020 . 5 MIN READ
Consistent Compounders

The Looming Bank Collapse

One key difference between the current Covid crisis and the 2008 Lehman crisis, often cited by experts, is the fact that the crisis then emanated from the financial system and then hit the real economy whilst this is just a health crisis hurting the real economy through lockdowns temporarily and in fact that the financial […]

Jun 14, 2020 . 4 MIN READ
Consistent Compounders

On Days of Disorder [Or why do Riots Happen?]

Over the past decade a long held tragic Indian custom, the communal riot, has made a comeback. In parallel, we have now seen protesters on the streets of Hong Kong for most of the past year and now we have the race riots in the US – another country with a tragic history of rioting […]

Jun 14, 2020 . 5 MIN READ
Consistent Compounders

“The Decade of Design”: How the last 10 years transformed design’s role in tech

One of the most interesting aspects of professional life is that whatever skill is currently the rage – the skill that everybody and their parents want to learn – is highly likely to be a commoditised skill five years hence. Conversely, skills which are not just rare today but also are generally harder to acquire […]

Jun 14, 2020 . 5 MIN READ
Consistent Compounders

Risk Minimisation is Central to Making Returns in Small Caps

An analysis of BSE Smallcap’s performance over CY10-19 indicates that sharper falls (drawdowns) during market downturns and higher frequency of such falls are key reasons for its relative underperformance vs Nifty and BSE500. Therefore, the need to protect capital in a downturn is equally, if not more, important than chasing returns. Put simply, compounding from […]

Jun 08, 2020 . 7 MIN READ
Consistent Compounders

Zoom fatigue is real — here’s why video calls are so draining

Despite the lockdown, most people we speak to claim to have busier than normal schedules, thanks to Zoom or the ease of video conferencing in general. However, it turns out it isn’t that easy. People are complaining of ‘Zoom fatigue’. Whilst we no longer have to fight the commute fatigue, the back to back endless Zoom calls are […]

Jun 07, 2020 . 3 MIN READ
Consistent Compounders

Remote Work Could Spark Housing Boom in Suburbs, Smaller Cities

A much needed economic boost could come from the unlikeliest of sources – a housing boom. As both employees and companies are realising the efficacy of working from home, it is likely to become the norm even beyond the lockdown. More and more companies are making it a permanent feature for a significant part of […]

Jun 07, 2020 . 2 MIN READ
Consistent Compounders

People Who Have “Too Many Interests” Are More Likely To Be Successful According To Research

This is the third consecutive week we have featured a piece form Michael Simmons, this time a slightly dated 2018 blog on generalists or polymaths. In his book “Range: Why Generalists Triumph in a Specialised World”, released last year, David Epstein, contested the “10,000 hrs of focussed effort” belief made famous by Malcolm Gladwell in the Outliers. […]

Jun 07, 2020 . 4 MIN READ
Consistent Compounders

Charley Ellis: Why Active Investing Is Still A Loser’s Game

Few people can claim to understand the world of investment management as well as Charley Ellis does. Here’s why: Charley has been an investment consultant to large institutional investors for their manager selection for almost five decades; he has been a prolific writer on the subject including the biblical “Winning the loser’s game” and also a deep […]

Jun 07, 2020 . 6 MIN READ
Consistent Compounders

Lavish Parties, Greedy Pols and Panic Rooms: How the ‘Apple of Pot’ Collapsed

If one thing scares us more than staring at the P/E multiples of low quality companies it is investing in companies with low/no barriers to entry. The inability to stay away from “hot sectors” is a common challenge for investors across the world. Two years ago setting up NBFCs was all the rage in India. […]

Jun 07, 2020 . 4 MIN READ

For more content on our strategy, visit the archives GO TO ARCHIVES

2025 © | All rights reserved.

Privacy Policy | Terms and Conditions