How to Give People Advice They’ll Be Delighted to Take
Irrespective of our credentials, all of us tend to get approached for advice every now and then, from friends, family and co-workers. As advice seekers, we often find ourselves having a go-to person for advice. Why do we pick certain people over others? What do these people do better when it comes to giving advice? […]
Beware Footnote Mischief
At Marcellus, a big part of our job is forensic analysis of Indian annual reports. Hence we are always interested to hear about advances in this field elsewhere in the world. In this article, Julie Segal begins by saying that “Harvard Business School and MIT’s Sloan School of Management claim to have found the first empirical […]
Ray Dalio Is More Famous Than Ever and Delivering Subpar Returns
As a fund manager, Ray Dalio – the founder of Bridgewater Associates – has attained celebrity status and is arguably next only to Warren Buffett in the celebrity stakes. His book, “Principles”, “his 600-page manifesto for success that has sold 2.2 million copies since its publication in September 2017. The tome, an unlikely crossover hit that’s […]
The extraordinary story of the only B Corp in Afghanistan
“People don’t buy what you do, they buy WHY you do it” says Simon Sinek in his hugely popular TedTalk – “Start with Why?” Companies across the world are increasingly attaching a purpose to their business. Indeed, there is an official certification for companies that go beyond profit motive – B Corp is a private certification issued by B […]
How the Loss of the Landline Is Changing Family Life
The mobile phone will likely go down in history as the technology which had the biggest impact on people’s lives and progressively so. Whilst its ability to connect people far away is often seen as the gamechanger for human civilisation, this article highlights one aspect where the smartphone has actually disconnected people. The piece in […]
The gospel of wealth according to Marc Benioff
In the run upto the next US presidential elections, it is inevitable that the topic of taxing the rich will be front and centre of the debate with candidates such as Elizabeth Warren actually putting out a clear plan – The Ultra-millionnaire tax. The topic touches upon the role of the wealthy and big corporates in […]
Celebrating Marcellus with Two Creative Giants
As we complete a year of managing money in India, we celebrate two towering legends of the Indian music industry. Not only did RD Burman and AR Rahman change the way movie music is made in India, there are striking parallels in their careers. Both men were professional musicians by their mid-teens. Both turned away […]
When is corruption good for growth?
Corruption is often attributed as one of the key impediments to development and growth. However, Shrabani Saha and Kunal Sen of the United Nations University in a working paper (see here) show that there is indeed a positive correlation between corruption and growth drawing from the experiences of East Asian economies who demonstrated long periods of […]
All-Time Highs Are Both Scary & Normal
A common question from clients these days is “How comfortable are you investing now given the markets (and your portfolio stocks) are at all-time highs?”. Our simple answer is that our portfolio earnings are also at all-time highs. Indeed, for the fiscal year to date, our portfolio is up a little over 20% whilst its weighted […]
Doctors are turning to YouTube to learn how to do surgical procedures, but there’s no quality control
Social media and the rise of user-generated content has certainly bridged a lot of information gaps but also raised questions around authenticity leading to issues highlighted elsewhere in this piece, especially around fake news driven political propaganda. The issues become somewhat more serious if it were to be in the field of health and medicine. […]
Hippie Inc: how the counterculture went corporate
We will shift focus from Silicon Valley’s darker side to its mellower side. The Hippie counterculture from the 1960s now finds itself at the heart of capitalism. How did that happen? Well, as with most things these days, Silicon Valley played a big role: “Google, Apple, Facebook, Nike, Procter & Gamble and General Motors all offer […]
ADL International Leadership Award Presented to Sacha Baron Cohen at Never Is Now 2019
For the first time we are kicking-off of ‘Three Longs & Three Shorts’ with a video because for the first time we have found a video which is worth more than a week of newspaper reading. Those of us who have watched Sacha Baron Cohen’s comedy over the past 25 years had no idea that […]
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