In our recent trip to China, whilst we were thoroughly impressed with the dynamism of Chinese business and efficiency of the state, we couldn’t fully comprehend where India fell short. This blog from David Oks provides an angle from history around human development and social reform – how the two countries diverged on these aspects. […]
In our latest bestseller, “Breakpoint: The Crisis of the Middle Class & The Future of Work” we provide evidence that an Indian university degree neither increases the pay of an Indian graduate (in fact, it does the opposite) nor the probability of employment. In fact, the unemployment rate for graduates in India is 10x that […]
marcellus.in From Our CIO’s Desk What Goes into the Making of a Data Center? Two global headlines have dominated the financial landscape in recent times: Alphabet is executing a record-breaking $85 billion equity raise to fund its AI infrastructure and global compute footprint. SpaceX is setting the stage for the largest IPO ever recorded, […]
Accustomed to seeing current account deficits, India will now have to get used to capital account deficits as well, as Indian promoters rush to invest abroad. This unique twin deficit problem will not only create sustained pressure on the INR, but it will also expose Indian retail investors, who ploughed over $100bn in the post-Covid […]
A simple equal weighted portfolio of 5 widely available assets (rebalanced annually) gives you returns similar to Indian equities with risk which is nearly 1/4th that of the Nifty50. This allows you to compound your wealth at a healthy rate while allowing you to sleep peacefully at night, both, during heart stopping years like 2008 (when the […]
Silicon Valley gets a lot of flak for monopolising businesses and profit mongering. But they do use their technological prowess to solve some of humanity’s pressing problems. Google stands out among them. Its’ parent Alphabet has invested in several initiatives, most notably its AI subsidiary Deepmind which came up with protein structure prediction which opens […]
Praetorian Capital is a hedge fund run by Harris Kupperman, who also writes this wonderful investment blog called Kuppy’s Korner. His blog titled ‘Global crossing reborn’ went viral last year as he likened the current hyperscalers’ mad rush to spending hundreds of billions on AI data centers to the spend on telecom and networking infrastructure […]
You can judge a city by its bookshops. The lack of bookshops in East Delhi or suburban Mumbai speaks of an urban landscape where people are so engrossed in day-to-day survival that visiting a bookshop is a luxury they can’t afford. On the other hand, the multitude of excellent bookshops in central Bangalore speaks of […]
“What cannot be measured cannot be managed or improved upon” is a common mantra we hear often, not just in the professional context but also among fitness enthusiasts with wearables measuring everything from glycaemic index to sleep quality. But there’s also the good old Goodhart’s Law which states that “When a measure becomes a target, […]
This is a superb essay on how the normal course of life wrecks our creativity and with that our chances of doing something useful in life. The author, Henrik Karlsson, used to be a programmer and then worked in an art gallery. Now he & his wife Johanna live “on a windswept island in the […]
If you haven’t visited Delhi in April-May in recent years, you have missed out on experiencing 50 degree Celsius. While office bound folks like us are reduced to little more than panting dogs by Delhi’s summer heat, there are millions of individuals across north India who have bear even more intense heat combined with smoke […]
An AI datacentre has 6 components: compute (the GPUs that do the thinking), power infrastructure (transformers, substations, backup generators), cooling systems (liquid cooling is now mandatory), networking (the high-speed pipes connecting thousands of chips), storage (where data and models live), and the physical building itself. Every single one of these categories is simultaneously in short […]
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