Consistent Compounders

Elon Musk wants to link brains directly to machines

Author: The Economist Correspondent Source: The Economist (https://www.economist.com/science-and-technology/2019/07/18/elon-musk-wants-to-link-brains-directly-to-machines) The Economist calls him the “world’s most famous entrepreneur” given his desire to solve the world’s problems, be it climate change, mobility, space travel, urban transportation. Yet his most progressive project, in terms of potential impact on humanity could be Neuralink, his company which last week announced […]

Jul 21 . 4 MIN READ
Consistent Compounders

Singapore Sends an Alert to the Investing World

Author: Andy Mukherjee Source: Bloomberg (https://www.bloomberg.com/opinion/articles/2019-07-10/singapore-s-temasek-revives-specter-of-secular-stagnation) Temasek, Singapore’s state investing firm, has in its annual report raised the spectre of “secular stagnation”: “The concept of a persistent downturn that doesn’t respond to easy money featured in the Singapore state investment firm’s annual report for the first time since 2016, one of three possible troubling scenarios […]

Jul 21 . 2 MIN READ
Consistent Compounders

How Norway turns criminals into good neighbours

Author: BBC Correspondent Source: BBC (https://www.bbc.com/news/stories-48885846) It is no surprise that Scandinavian countries often find themselves atop most rankings for human development indices or happiness quotients. Yet this is a fascinating story in the BBC about how Norway treats its prisoners or rather prepares its convicted citizens while in prison to resume a normal life […]

Jul 21 . 4 MIN READ
Consistent Compounders

‘I couldn’t handle being the best because the only way was down’

Author: Annesha Ghosh Source: The Cricket Monthly (http://www.thecricketmonthly.com/story/1194801/-i-couldn-t-handle-being-the-best-because-the-only-way-was-down) Even as men’s cricket has made significant strides over the years especially in terms of players’ fitness reflecting in the general athleticism on the field or the power hitting, the gap between men’s and women’s cricket has remarkably narrowed in recent years. Adam Gilchrist’s quote in this […]

Jul 21 . 6 MIN READ
Consistent Compounders

Martina Navratilova on Megan Rapinoe and the Trajectory of Gay Women in Sports

Author: Masha Gessen Source: New Yorker (https://www.newyorker.com/news/our-columnists/martina-navratilova-on-megan-rapinoe-and-the-trajectory-of-gay-women-in-sports) The unwinding of prejudice – whether it is around race, caste or sexuality – is not just a socially relevant issue, it is also fascinating for investors to watch given the insights it provides into how “consensus” on a given subject evolves the course of 20-30 years. Hence, […]

Jul 21 . 4 MIN READ
Consistent Compounders

Small Data is More Important than Big Data

Published on:18 July, 2019 In the context of investing, the current fad for big data and machine learning seems overblown. Successful investing entails understanding basic probabilities well and whilst machines can be used to crunch these probabilities, to date the old fashioned method of reading annual reports to calculate these probabilities has worked pretty well. […]

Jul 18 . 7 MIN READ
Consistent Compounders

Hedge Funds Are Tracking Private Jets to Find the Next Megadeal

Author: Justin Bachman Source: Bloomberg (https://www.bloomberg.com/news/articles/2019-07-02/hedge-funds-are-tracking-private-jets-to-find-the-next-megadeal) That hedge funds are always data hungry is not surprising but the new ways they find to satiate their hunger surprises us. Justin Bachman in his article shows how hedge fund managers track private jets to predict the next big M&A in the USA. He gives a recent example […]

Jul 14 . 5 MIN READ
Consistent Compounders

China and new tech generation shake old notions of good branding

Author: John Gapper Source: FT (https://www.ft.com/content/4ba8c746-7bc4-11e9-8b5c-33d0560f039c) Only 22% of Searches on Amazon Include a Brand Name Author: Juozas “Joe” Kaziukėnas Source: Market Place Pulse (https://www.marketplacepulse.com/articles/only-22-of-searches-on-amazon-include-a-brand-name) John Kay, a British economist in his brilliant book on corporate strategy – “The Foundations of Corporate Success” cites among the most sustainable sources of competitive advantages as Brand, Architecture […]

Jul 14 . 3 MIN READ
Consistent Compounders

Generalise, don’t specialise: why focusing too narrowly is bad for us

Author: David Epstein Source: The Guardian (https://www.theguardian.com/lifeandstyle/2019/jul/12/generalise-dont-specialise-why-focusing-too-narrowly-is-bad-for-us) In his best-selling book The Outliers, Malcolm Gladwell talked about the power of singular focus and specialised training over ‘10,000 hours’ as a means to achieve success in any given field. David Epstein, (who also authored The Sports Gene) in his new book ‘Range: How Generalists Triumph in a […]

Jul 14 . 4 MIN READ
Consistent Compounders

Your Professional Decline Is Coming (Much) Sooner Than You Think

Author: Arthur C Brooks Source: The Atlantic (https://www.theatlantic.com/magazine/archive/2019/07/work-peak-professional-decline/590650/) It is no secret that age and happiness is linked. However, the relationship between age and happiness is not linear: “In wealthier countries, most people’s contentment starts to increase again in their 50s, until age 70 or so. That is where things get less predictable, however. After […]

Jul 14 . 6 MIN READ
Consistent Compounders

How Football Leaks Is Exposing Corruption in European Soccer

Author: Sam Knight Source: New Yorker (https://www.newyorker.com/magazine/2019/06/03/how-football-leaks-is-exposing-corruption-in-european-soccer) Did you know that last season, according to the accounting firm Deloitte, European soccer had revenues of twenty-eight billion dollars, about the same as Major League Baseball, the National Hockey League, and the National Football League combined. European soccer is the most lucrative sports arena in the world […]

Jul 14 . 3 MIN READ
Consistent Compounders

Marcellus: Five Steps to Decluttering our Minds

Published on:10 July, 2019 The basic steps to reduce mental clutter appear to be relatively straightforward: (1) Start with your goals, (2) Then prioritise your tasks & actions, and (3) Then use checklists for planning & execution. As I cut down on my mental clutter, it is becoming easier to focus longer and deeper on […]

Jul 10 . 8 MIN READ

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