Joshua Brown is yet another good writer from Ritholtz Wealth Management. Here he talks about what he learnt as a trainee bartender in a bartending school he had attended as a student. Whilst it wasn’t exactly a life changing experience, there was one thing he learnt from the bartending sensei that stayed with him: “There are […]
The most common advice young graduating students at the cusp of choosing their careers, in particular receive is to “Follow Your Passion”. This HBR article shows why following your passion is over-rated or atleast seriously misunderstood. The author cites the following three reasons: First, “passion is not something one finds, but rather, it is something […]
The term ‘space pollution’ is being increasingly used by astronomers as human interest and hence activity outside of the planet has risen. This piece in the Vox highlights that this is set to rise exponentially in future as Elon Musk and others launch a myriad satellites in their endeavour to deliver internet from the sky. […]
Thanks to two incredibly popular books – ‘Deep Work’ and ‘Digital Minimalism’ – Cal Newport’s status as a modern guru who can help us work smarter and think deeper is already well established. Here he comes up with a superb blog to get our engine started nicely for 2020. He says that if you really […]
With the money market continuing to show reluctance in terms of financing NBFCs, the balance sheet of the sector continues to shrink with obvious adverse consequences for the Indian economy. We suggest three remedies which the authorities should consider implementing in order to prevent the NBFC sector from unravelling further. The slide continues In its […]
Softbank’s troubles don’t seem to be ending anytime soon. After the spectacular WeWork debacle, now fun and games have begun at another of its high-profile investments – Oyo, an aggregator of budget hotel rooms. Oyo is not only among the most valued privately-owned Indian companies and among the most successful startups alongside Flipkart and Ola, […]
Amongst many ‘looking back at the decade’ studies, this one is quite fascinating. A study by Innosight of the most transformative businesses of the decade inspired by the need to attach a purpose to business which then drives transformation. “the Business Roundtable [in August] released a statement signed by 181 CEOs stating that serving shareholders […]
3L-3S has been prolific in featuring the growing dominance of big tech, fascinated by its ability to take mankind forward yet concerned about the perils associated with it including threats to competitive capitalism, data privacy, etc. It is only appropriate we feature a TV series titled Silicon Valley (featuring on Hotstar in India) that brings […]
“Work is worship” is a popular saying attributed to several people from the 12th century philosopher Basavanna to Gandhi. Yet 20th century economists believed as humans trade off between work and leisure and they get more productive at work or as nations become richer, people will spend fewer hours working into the 21st century. However, that hasn’t particularly […]
15 years ago when US mortgage lenders relaxed their lending criteria for individuals with relative low ability to service their debts, they sowed the seeds of the Great Financial Crisis of 2008. This Bloomberg article purports that something similar is happening in the US junk bond market now. (It is interesting how articles on accounting […]
Given that many of us have spent our Christmas break speaking to friends and relatives who are either worried about the CAA-NRC turmoil in India or are exultant about India’s turn to the Right, we felt it is worth beginning the New Year on a positive note. We believe that this too shall pass, that […]
An investor looking to buy and hold stocks over a long time period, needs to be able to differentiate between businesses which can deliver longevity of consistently healthy free cashflows and those that run a high degree of uncertainty in their fundamental prospects. This differentiation is essential, both, in order to avoid premature exits from […]
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