Consistent Compounders

Marcellus: Excelling Amidst Disruption – India’s Khatri Community

Published on: 25 September, 2019 As tax evading businesses and investors in real estate stare into the abyss, we look at the forceful resurgence of a north Indian business community which was uprooted by Partition. The Khatris’ history is one of remarkable enterprise and outstanding success punctuated by politically motivated loot of their wealth. Today, with […]

Sep 25 . 8 MIN READ
Consistent Compounders

The grandmaster diet: How to lose weight while barely moving

An incredible piece in ESPN on what hours of playing chess can do to your body. Aishwarya Kumar highlights research that shows chess can be as stressful on the body as any other physical sport. The best part of the article however is about the fitness regime of the current world chess champion and a […]

Sep 22 . 2 MIN READ
Consistent Compounders

His bus conductor mother praying back home, Atharva Ankolekar steers India to U-19 Asia Cup title

Once upon a time most of the cricketers in the Indian cricket (men’s and women’s) team came from the posh schools in India’s biggest cities. These schools had names like St. Xavier’s, St. Joseph’s, Don Bosco, etc. That era is fading away as kids in the posh schools in big cities spend their lives glued […]

Sep 22 . 2 MIN READ
Consistent Compounders

Thomas Piketty Back With a 1,200 Page Guide To Abolishing Billionaires

It couldn’t have been a better week to be talking about inequality as Thomas Piketty’s new book “Capital and Ideology” is published in French (the English version isn’t due until next year). As the man who brought the inequality debate to the front and centre of all political and economic discourse with his award winning […]

Sep 22 . 2 MIN READ
Consistent Compounders

Why rigged capitalism is damaging liberal democracy

Four weeks ago, the Business Roundtable, a group of CEOs from the world’s largest corporations issued a statement that corporates should move from just focusing on maximising value for shareholders to benefit a wider group of stakeholders – customers, employees, vendors and the community at large. This statement has reignited the debate against capitalism and the […]

Sep 22 . 3 MIN READ
Consistent Compounders

He Is Trying To Play A Very Difficult Game”: The Once And Future Imran Khan

A fascinating piece in Vanity Fair about the contradiction that Imran Khan, the Pakistani cricketing superstar and now Prime Minister, has turned out to be. Pakistani author Aatish Taseer compares Imran’s relationships with women of contrastingly different backgrounds to his ambivalent political stances on Islamic extremism or Western influence. Whilst Aatish reckons some of this […]

Sep 22 . 5 MIN READ
Consistent Compounders

How a Small-Cap Fund Weeds Out the Worst Stocks

At Marcellus, we are big fans of giant data-hungry quant screens which can rigorously sift through years of data on thousands of companies and give us a small set of 25-30 companies on which can do detailed qualitative research. Given such proclivities, we found this piece in Barron’s to be a really interesting read. The […]

Sep 22 . 3 MIN READ
Consistent Compounders

Marcellus: Dissecting the Economic Slowdown in India

Published on: 17 September, 2019 Most of the drivers of the current slowdown appear to be transient and related to channel financing/GST credit issues. Understanding why the economy has slowed down at various levels (i.e. consumer, dealer, distributor, manufacturer) is central to investing sensibly in this time of flux. Whilst heavy repo rate cuts are needed, […]

Sep 17 . 10 MIN READ
Consistent Compounders

Human Activity in China and India Dominates the Greening of Earth, NASA Study Shows

Amidst all the doom and gloom around how we humans are destroying the planet in the wake of the Amazon fires, here’s a refreshingly positive piece from earlier this year. According to data from NASA satellites, the world is literally a greener place than it was 20yrs ago. And surprisingly, the countries making the biggest […]

Sep 15 . 3 MIN READ
Consistent Compounders

India’s Moon Mission Was Anything But A Failure. Here’s Why

With the dust now settled around the seemingly tragic and melodramatic episode of India’s failed attempt to put a lander and a rover on the surface of the moon, here is a fact based account of what indeed has the rest of the mission achieved, in particular the orbiter which has successfully lodged itself to […]

Sep 15 . 3 MIN READ
Consistent Compounders

The “10,000-hour rule” was debunked again

A decade ago Malcolm Gladwell’s bestseller “Outliers” popularised the idea of ‘10,000 hours’: ““Ten thousand hours is the magic number of greatness,” Gladwell wrote, drawing on anecdotes from famous success-havers (like Bill Gates and the Beatles), but also on the 1993 paper (which according to Google Scholar has been cited more than 9,800 times)… The original finding […]

Sep 15 . 3 MIN READ
Consistent Compounders

Simon Sinek: To Succeed in Business, You Must Understand the Game

Nine years ago Simon Sinek shot to fame with his incredibly popular Ted Talk which has now had more than 10m views on YouTube. His books Start With Why and Leaders Eat Last have been an inspiration yet a guide for those looking to build businesses with purpose and with people who trust in you and help chart the course. In […]

Sep 15 . 4 MIN READ

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