Consistent Compounders

The Tycoons Behind China’s Gadget Factories Boom Prepare to Pivot

This is a super piece on how cold calculations – rather than national or ethnic identity – drive FDI. As China’s trade war with America rumbles on, Taiwanese entrepreneurs who set up factories in China 30 years ago are reconsidering their commitment to China. “Today, four Taiwan-based companies—Foxconn Technology Group, Inventec, Quanta Computer, and Compal—together […]

Oct 20 . 2 MIN READ
Consistent Compounders

Salesforce Founder Marc Benioff: What Business School Never Taught Me

Continuing with heartwarming inspirations from the world of business, Marc Benioff, the iconoclastic founder and co-CEO of Salesforce has to be right up there. Ahead of the release of his latest book Trailblazer: The Power of Business as the Greatest Platform for Change, Marc’s interview with the Fortune magazine gives a peek into the mind […]

Oct 20 . 4 MIN READ
Consistent Compounders

From rags to richer

The Economist – normally a champion of full on free market capitalism – has a heart warming story regarding a British retailer which has succeeded by treating its staff well. Julian Richer has built a successful high-street chain of 52 stores, named Richer Sounds. “…the 60-year-old Mr Richer is an atypical entrepreneur. That became clear […]

Oct 20 . 3 MIN READ
Consistent Compounders

Introducing Little Champs – our small cap PMS

Given that each year 60 companies enter the BSE500, we can see that there are certain economic drivers which are helping well run small firms explode into prominence. From an investors’ viewpoint, in the three years run-up to entering the BSE500, new entrants outperform the index at a CAGR of as much as 40%, indicating […]

Oct 18 . 9 MIN READ
Consistent Compounders

The Relationship Between Reforms & Returns in India

Ever since India started liberalising its economy in the early 1980s, the two-year period following General Elections has always generated positive returns with one exception (1999). In fact, the two years following General Elections have accounted for 80% of the returns generated by the Indian stockmarket. Furthermore, Consistent Compounder stocks have more than adequately participated […]

Oct 18 . 5 MIN READ
Consistent Compounders

How Bangalore’s IT sector flowered from a princely state Diwan’s industrial dream in 1911

One would assume that an article on urban development in Bangalore would talk about the ridiculous traffic congestion in the city. But Aditi and Anish, students of urban development will hopefully tackle that on a different day. In this article, they trace the city’s emergence as a IT hub to economic policies set in as […]

Oct 13 . 1 MIN READ
Consistent Compounders

An economic crisis in your teens can alter your behaviour for life, economists find

Behaviours of entire generations such as that of the baby boomers and the millienials and their influence on the economy has been a matter of interest for policy makers. But now, it seems like policy makers are delving deeper on this subject. Christopher Severen at the Federal Reserve Bank of Philadelphia has analysed the behaviour […]

Oct 13 . 2 MIN READ
Consistent Compounders

The True Cost Of Ignoring True Cost

WeWork’s failed IPO has led to several notable commentators in America highlighting the folly of private markets and pointing to the broader house of cards constructed by venture capitalists in Silicon Valley. The most famous of these pieces has come from veteran commentator, Jason Zweig (see https://jasonzweig.com/how-we-should-bust-an-investing-myth/> ). The responses to Zweig’s piece are actually very interesting […]

Oct 13 . 2 MIN READ
Consistent Compounders

Is Amazon Unstoppable?

As we approach the next US presidential elections, the chorus against big corporate will only get louder. Hence, it is only logical that the largest corporate – Amazon becomes front and centre of this outrage. Plenty has been written about Amazon’s ‘Day One’ and ‘Flywheel’ approach to business which has made it a relentless growth […]

Oct 13 . 5 MIN READ
Consistent Compounders

Stephen Schwarzman Hung Out a Shingle.Then He Waited.

The appropriately titled King Capital was a story about Blackstone and how Stephen Schwarzman built a world class investment management organisation. Now, you can hear it straight from the horse’s mouth in Schwarzman’s new book What It Takes: Lessons in the Pursuit of Excellence. Here’s a two-part excerpt of the book from The Institutional Investor. If you would […]

Oct 13 . 3 MIN READ
Consistent Compounders

Real Economy Check: ‘Jammed Liquidity’ To ‘Overwhelming Regulations’ Hurting Small Drugmakers, Says Orbit Lifesciences

This insightful interview with Amit Sheth, the promoter of Orbit Lifesciences, is a rare example of a promoter talking rationally and articulately about the ongoing economic slowdown. [Most promoters’ interviews regarding the slowdown span the narrow spectrum from begging the Government for help to thanking the Government for help!] First off, BloombergQuint gives you a […]

Oct 13 . 3 MIN READ
Consistent Compounders

Verghese Kurien is the greatest exponent of the “Infinite Game”

Published on: 8th October, 2019 Simon Sinek’s latest book ‘The Infinite Game’ should be celebrated as a breath of fresh air in the futile discourse around the rightful purpose of capitalism. In that context, one of India’s greatest sons – the late Verghese Kurien, the man who made Amul a powerhouse – deserves to be […]

Oct 08 . 12 MIN READ

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