Whilst the Covid pandemic rages on, data shows that the incidences of the common flu or influenza have dropped dramatically.“The U.S. saw about 600 deaths from influenza during the 2020-2021 flu season. In comparison, the Centers for Disease Control and Prevention estimated there were roughly 22,000 deaths in the prior season and 34,000 two seasons […]
In this piece for The Mint, Jaspreet Bindra invokes ‘the 27 club’ referring to a whole class of great musicians who coincidentally all died at the age of 27- the likes of Jimi Hendrix, Jim Morrison, Janis Joplin and most recently Amy Winehouse, mostly to alcohol or drug overdose. But the piece is about the […]
Many of us who prefer to look at things from a fundamental perspective have been natural skeptics of Bitcoin or Cyrptocurrencies in general. We look for cashflows or utility value that can help guide a fundamental basis to value an asset and therefore struggle to come to grips with crypto. Here’s a piece from one […]
Have you felt mentally fatigued as India has battled with the monster second wave of Covid? Are you struggling to find energy to do the things you used to love to do even through last year’s lockdown? Are you watching movies or cricket matches that you actually don’t have any real interest in watching? Adam […]
This piece was published in HBR 25 years ago and was referenced in Howards Marks’ famous January 2021 memo (where he explained why traditional value investing based on looking for low P/E, P/B stocks has lost its relevance). As Marks explained in January, even a quarter of a century on from its publication date this […]
Modern Retail in India has a huge opportunity to modernize and consolidate this millenniums old sector. However, building and growing a pan-India retail network of stores with high ROCE consistently has been difficult for most retailers. Challenges range from understanding consumer preferences, optimizing store location / size / format, optimizing merchandise selection / procurement / […]
For many of us cricket fans, ESPNcricinfo is right up there among bookmarks on our browser. Whether it is to catch a glimpse of the state of the match during a busy work day, thanks to the entertaining yet insightful commentary the writers dish out or run some stat analyses to see who was right […]
Travelling the world to see and appreciate the myriad different experiences, cultures, vistas our planet has to offer itself is fascinating enough. To do it on a bicycle and almost a century ago seems like fiction. A new book called the “The Bicycle Diaries: Indian Cyclists and Their Incredible Journeys Around the World” chronicles exactly that – […]
Genetically Modified or GM crops have faced significant opposition from farmers and activists alike. In this piece, Krish Ashok, a software engineer but better known as the author of the book Masala Lab: The Science of Indian Cooking, helps us debunk certain myths about GM crops. Much as in his book where he takes a […]
The Reddit-Gamestop saga earlier this year reminded us how short sellers are often frowned upon as if they were up to something immoral if not illegal. But here’s a story about one short seller who on the contrary sees short selling as a way to change the world for the better. Carson Block may not […]
Every week we get inquiries from our clients as to why we don’t set up a tech fund or invest in more tech stocks. This long essay on how even basic technology such as mobile phone calls change in the space of 20 years will help tech enthusiasts understand our stance on tech stocks – […]
Fear and panic trigger irrational behaviour. Truth be told those of us who earn a living in the financial markets basically train ourselves to thrive when others are panicking. It is in that context that we become hyper-sensitive to signs of fear and panic in the society that we live in. The tragic panic-stricken rush […]
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