…or how the free market messes with our minds. As we end Marcellus’ first full financial year with healthy absolute and relative returns, we are beginning to comprehend just how profoundly market forces can wreck our clarity of thought. Whilst man’s desire to know his future is primordial, the free market taps into this desire […]
At 3L-3S, we have featured the developments in audio tech, especially as it gets personalised with headphones and earpods and how musicians are adapting their output to these changes. Earlier this week, social media went viral with the message: “Listen to this song with headphones (put on the 2 headphones). It is the new music of […]
Whilst Marcellus strategies have significantly outperformed during this fall, they too have fallen considerably in absolute terms. What has been a pleasant surprise though is our clients actually continuing to invest into this fall and new investors rushing to open their accounts. From our conversations with other fund managers in India and elsewhere, it seems […]
By now we have seen most countries come up with stimulus programs to help prevent a catastrophic economic collapse caused by forced lockdowns and social distancing. However, as early as last week, Denmark rapidly stitched up with a plan which still remains the most radical of stimulus programs. Stimulus might be a misnomer given the […]
We often meet people in India who look at China in admiration and say wistfully that “if only we too had an authoritarian government which could prioritise economic development over everything else, we too would be like India.” This tendency to look at a successful company or country and come up with a one-dimensional view […]
As the world grapples with the here and now of the challenges posed to human life and the economy alike, here is a rather well thought through attempt by Ed Yong in The Atlantic at looking into the future broken into three phases: 1) The Next months; 2) The Endgame and 3) The Aftermath. Ed […]
Four times in the last 40 years, a US recession alongside falling US bond yields and falling oil prices has been followed by a strong economic recovery in India. In fact, India has NEVER witnessed an economic recovery without a US recession preceding it! Now, all three conditions for an Indian economic recovery – a […]
For more content on our strategy, visit the archives GO TO ARCHIVES