You’ll see the sky crawling”: Astronomers fear that satellites will crowd out stars
The term ‘space pollution’ is being increasingly used by astronomers as human interest and hence activity outside of the planet has risen. This piece in the Vox highlights that this is set to rise exponentially in future as Elon Musk and others launch a myriad satellites in their endeavour to deliver internet from the sky. […]
The Analog January Challenge
Thanks to two incredibly popular books – ‘Deep Work’ and ‘Digital Minimalism’ – Cal Newport’s status as a modern guru who can help us work smarter and think deeper is already well established. Here he comes up with a superb blog to get our engine started nicely for 2020. He says that if you really […]
How Can the NBFC Sector’s Ongoing Slide be Reversed?
With the money market continuing to show reluctance in terms of financing NBFCs, the balance sheet of the sector continues to shrink with obvious adverse consequences for the Indian economy. We suggest three remedies which the authorities should consider implementing in order to prevent the NBFC sector from unravelling further. The slide continues In its […]
At SoftBank’s Jewel in India: ‘Toxic’ Culture and Troubling Incidents
Softbank’s troubles don’t seem to be ending anytime soon. After the spectacular WeWork debacle, now fun and games have begun at another of its high-profile investments – Oyo, an aggregator of budget hotel rooms. Oyo is not only among the most valued privately-owned Indian companies and among the most successful startups alongside Flipkart and Ola, […]
The Top 20 Business Transformations of the Last Decade
Amongst many ‘looking back at the decade’ studies, this one is quite fascinating. A study by Innosight of the most transformative businesses of the decade inspired by the need to attach a purpose to business which then drives transformation. “the Business Roundtable [in August] released a statement signed by 181 CEOs stating that serving shareholders […]
Silicon Valley’ Exits With Serious Points About Big Tech
3L-3S has been prolific in featuring the growing dominance of big tech, fascinated by its ability to take mankind forward yet concerned about the perils associated with it including threats to competitive capitalism, data privacy, etc. It is only appropriate we feature a TV series titled Silicon Valley (featuring on Hotstar in India) that brings […]
Workism Is Making Americans Miserable
“Work is worship” is a popular saying attributed to several people from the 12th century philosopher Basavanna to Gandhi. Yet 20th century economists believed as humans trade off between work and leisure and they get more productive at work or as nations become richer, people will spend fewer hours working into the 21st century. However, that hasn’t particularly […]
Fuzzy Math That Fuelled Junk Debt Boom Is Sparking Jitters
15 years ago when US mortgage lenders relaxed their lending criteria for individuals with relative low ability to service their debts, they sowed the seeds of the Great Financial Crisis of 2008. This Bloomberg article purports that something similar is happening in the US junk bond market now. (It is interesting how articles on accounting […]
The 2010s Were the End of Normal – How social media, the Great Recession and Donald Trump combined to bring out the ‘indigenous American berserk.’
Given that many of us have spent our Christmas break speaking to friends and relatives who are either worried about the CAA-NRC turmoil in India or are exultant about India’s turn to the Right, we felt it is worth beginning the New Year on a positive note. We believe that this too shall pass, that […]
The conventional DCF method undervalues longevity of a business
An investor looking to buy and hold stocks over a long time period, needs to be able to differentiate between businesses which can deliver longevity of consistently healthy free cashflows and those that run a high degree of uncertainty in their fundamental prospects. This differentiation is essential, both, in order to avoid premature exits from […]
The curious tale of how Japan got hooked on KFC at Christmas
There is almost a sense of purity when it comes Japanese cuisine with all the emphasis on the freshness of ingredients and retaining as much original flavours of the ingredients. Indeed, Japan is host to the highest number of Michelin starred restaurants. Yet, like everything Japanese, there is an oddity involved with Japanese when it […]
The buzz around AirPods
In last week’s 3L-3S, we featured a piece on how the emergence of headphones are actually influencing the sort of music being produced. This piece in the Economist looks at the business side of things for ‘earwear’. The numbers are indeed staggering: “Apple does not release figures for any of its “wearables”, but AirPods are the fastest-growing […]
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