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 […]
‘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 […]
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, […]
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. […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
The special role of arts in the day and age of machines
Author: Kapil Viswanathan, Sangita Jindal Source: Live Mint (https://www.livemint.com/opinion) Art has witnessed the evolution of human progress over centuries and it is our ability to appreciate beauty through art that set us apart from other living species & machines. In a changing world of data, Artificial Intelligence and autonomous machines, the arts are of greater […]
Auto-driver to IIM case study: Pyare Khan’s journey on uncharted highway
Vivek Deshpande has beautifully captured the story of Pyare Khan’s hard work, determination and his growth as well as opportunities which a developing country like India throws to its ordinary citizens. Pyare Khan’s journey starts from riding an autorickshaw in the by lanes of Nagpur. His desire of making big led him to take a […]
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