Short Read: Mithun Chakraborty, the Star, was Made on the Streets of Kolkata
This year’s Dada Saheb Phalke Award, India’s highest award in the field of cinema has been conferred on Mithun Chakraborty for his contribution to Indian cinema. Indeed, Mithun’s contribution couldn’t be more diverse – from winning three national awards including one for his debut to becoming a dancing superstar in mainstream Bollywood to owning the […]
Short Read: A Stimulus Is Good, But China Still Faces a Hard Slog
Over the past two weeks, the Chinese stock markets have been on a tear with benchmark indices rallying over 30%, also resulting in China’s weight in emerging market indices bouncing after a steady decline. The reason being a bazooka of a stimulus announced last week. The size of the stimulus is in someways an acknowledgement by the […]
Short Read: Traders Losing Big in India’s Derivative Market are Under 30, Low Income, Small-City Men: Report
We like to believe that the financialisation of wealth in India is a good thing as it suggests that affluent Indians are shifting their trillions of $ from physical to financial assets. TCA Sharad Raghavan’s piece suggests that a such a reading of the recent boom in stockmarket trading would be incorrect. His piece – […]
Long Read: Buggy Messy Simple Robust – Anand Sridharan’s talk at IIMA
Anand Sridharan, an investor at Nalanda Capital has been putting out some insightful essays on various aspects of investing over the years, some of which have been featured here in the 3L&3S. In this post, he puts them all together, which makes it a truly compelling read. The post is a set of slides he […]
Long Read: ‘How Much Land Can We Keep Giving to The Ocean?’
Whilst we sit in our air-conditioned living rooms and agonise about what to do about climate change, the phenomenon is already wrecking the lives and livelihoods of millions of people. Arunima Kar’s story is a glimpse of how climate change is ripping through India. Ms Kar writes with intensity, with detail and her writing packs […]
Long Read: The Cement Company that Paid Millions to Isis: was Lafarge Complicit in Crimes against Humanity?
Samath Subramanian is one of our favourite writers and in this terrific piece of investigative journalism he tears into the French cement company Lafarge (which merged in 2015 with the Swiss cement company Holcim to create the giant, LafargeHolcim). As we read Mr Subramanian’s piece we were struck by the stupidity of railing against penurious […]
Short read: Has social media broken the stockmarket?
Stock markets have been on a tear across the globe paying little heed to any risk whether economic or geopolitical, things that would have historically caused a correction of sorts. Whilst markets can remain irrational and inefficient in the short run, it should mean revert to reflect all information adequately in the long run, atleast […]
Short read: Indian chess gets a golden touch
We’ve been featuring pieces about the rise and rise of Indian chess on the global scene. With Gukesh winning the candidates round earlier this year and set to face Ding Liren for the championship later this year, we thought things couldn’t get better. But last Sunday’s double triumph at the world chess Olympiad with the […]
Short read: Access to reading glasses can boost India’s GDP by $16 billion
Whilst our politicians promise to lead us towards a land of milk & honey, a more prosaic intervention might produce enormous benefits for over 200 million people in India. Amit Gupta of The Print informs us that: “According to estimates, the productivity of 40% of India’s 600 million-strong workforce is significantly impacted by uncorrected presbyopia […]
Long read: Why Physics Is Unreasonably Good at Creating New Math
When we were young, we were told Math is fundamental to learn everything else. And as we grew up we began to appreciate it – why without we couldn’t appreciate Physics, without which we couldn’t comprehend Chemistry without which we couldn’t explain Biology, to Psychology leading to social sciences such as economics all the way […]
Long read: The cocaine kingpin’s wildest legacy: what can be done with Pablo Escobar’s marauding hippos?
Most of us probably take multiple small steps everyday which appear to us to be pretty harmless (eg. leaving the tap running whilst we are shaving) but which collectively destabilise the environment. This remarkable long read in The Guardian is about a single act of negligence which has served to destabilise the ecology of Colombia. […]
Long read: How Punjabi megastar Diljit Dosanjh is inspiring the next gen
In “Behold the Leviathan: The Unusual Rise of Modern India”, our forthcoming book which will be published by Penguin Random House on 21st Oct (see here ), we highlight the rise of a new Indian elite, namely, people without IIT/IIM/foreign degrees, people who are more comfortable in the vernacular than in English and people who […]
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