Consistent Compounders

The Spacing Effect: How to Improve Learning and Maximise Retention

‘Learning how to learn’ is arguably the most important skill that any of us can master. Furthermore, once you acquire/learn new things, you want to be able to retain them. Unfortunately, our schools are not focused on teaching us these skills. “During the school years, most of us got used to spending hours at a […]

Aug 21 . 3 MIN READ
Consistent Compounders

Disintermediating your friends

You would think that whilst financial markets can change rapidly, social change takes place more gradually. This academic paper challenges that notion in an important area – how people of opposite sexes meet each other and enter a relationship specifically in the USA: “We present new data from a nationally representative 2017 survey of American […]

Aug 21 . 3 MIN READ
Consistent Compounders

In Sua Causa: What the judiciary has done to itself

Whilst political corruption is extensively discussed in India, the corruption of the Indian judiciary is both reported less frequently by the press and discussed even less frequently by Indian voters. That’s a shame because alongside the executive and the Parliament, the judiciary is the third pillar of India’s democracy. This in-depth piece from the Caravan […]

Aug 21 . 3 MIN READ
Consistent Compounders

Bruce Lee And The Rise Of The “Generalist”

Published on:19 August, 2019 Whilst David Epstein’s latest book, ‘Range’, has ignited the debate on Generalists vs Specialists, we believe that the ideal recipe is a combination i.e. in any competitive profession the people who will rise to the top are those who have: (1) the skills/experience to deal with a wide variety of challenges; […]

Aug 19 . 8 MIN READ
Consistent Compounders

Asking Difficult Questions

Published on:14 August, 2019 Asking tough questions which shed new light on the opportunities and challenges facing companies is a non-trivial task. Asking difficult questions involves not just preparation but also an understanding of Q&A techniques and a willingness to shed the deference that analysts naturally have of CEOs. “Getting the right question is the […]

Aug 14 . 6 MIN READ
Consistent Compounders

What makes a fulfilling career? Ask a teenager

Featured in the 24th March edition of 3L&3S When we are young, we want to do something creative, something fun in our lives. As we grow older, other considerations kick in and often we find ourselves stuck in a career which is anything but fun & creative. Janan Ganesh delves into why this happens and […]

Aug 13 . 2 MIN READ
Consistent Compounders

Jack Bogle: the selfless preacher of the passive revolution

Featured in the 20th January edition of 3L&3S We had to pay our respects. And the FT Editorial does the job in a nice, succinct way. Jack Bogle, the father of passive investing, arguably the most impactful innovation in the investment management industry, passed away last week. The editorial aptly starts by quoting Noble Prize-winning […]

Aug 13 . 2 MIN READ
Consistent Compounders

Avoiding Stupidity is Easier than Seeking Brilliance

Featured in the 5th May edition of 3L&3S Farnam Street’s reiteration of its 2014 blog about a concept that we encounter everyday in our interactions with prospective clients. Most of us are enamoured with the hunt for undiscovered value or the big thematic plays that can go onto become multi-baggers, when portfolio after portfolio we […]

Aug 13 . 2 MIN READ
Consistent Compounders

Return on Capital Super Heroes

Featured in the 2nd June edition of 3L&3S American fund manager, Tom Machperson of Nintai Partners, highlights something that many of us who manage money know but never fully acknowledge i.e. “Managers who are frugal, both in their personal lives and in their compensation, generally run companies with higher returns on capital than those overseen […]

Aug 13 . 3 MIN READ
Consistent Compounders

Adm. McRaven Urges Graduates to Find Courage to Change the World

Featured in the 2nd December edition of 3L&3S As a start-up, we run into people every now and then who try to use their muscle to put us in our place. In the narrow context of our lives and in the broader context of the world we live in, we loved this commencement speech given […]

Aug 13 . 4 MIN READ
Consistent Compounders

Can an algorithm determine just how rich an Indian is merely from their name?

William Shakespeare famously wrote in Romeo and Juliet “What’s in a name? that which we call a rose by any other name would smell as sweet.” Turns out, there is actually a lot that can be gathered from the name, at least going by Rishabh Srivastava’s big data analytics story on Scroll. Rishabh is the […]

Aug 07 . 3 MIN READ
Consistent Compounders

This Is the Beginning of the End of the Beef Industry

This should bring cheer to those disappointed with the beef bans in places across India. The plant-based meat technology has received a shot in the arm with the USFDA clearing the use of soy leghemoglobin, a protein-based color additive uses to make the Impossible Burger “bleed” like real meat. This piece by Rowan Jacobsen in […]

Aug 07 . 3 MIN READ

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