Consistent Compounders

What is it like to be intelligent?

Here’s another perspective on the emerging thinking about Artificial Intelligence (AI). As discourse on the risks of AI models becoming sentient and potentially posing a threat to humanity gains ground, this piece from a couple of years ago takes a shot at understanding what we mean by intelligence and its inherent link to consciousness, the […]

Jul 30 . 5 MIN READ
Consistent Compounders

Bihari Rajinikanth to Pushpa’s Flower Nahi Fire—Mumbai ‘dubbers’ drive new pan-India cinema

The spread of prosperity to the small towns of northern India has created a flourishing industry, primarily in Mumbai, of artists & entrepreneurs who take south Indian movies, dub them into Hindi and then release them in northern India. So, who is the entrepreneur who spotted this opportunity and built a successful business around it? “In […]

Jul 30 . 3 MIN READ
Consistent Compounders

Book review – ‘How Big Things Get Done: The Surprising Factors That Determine The Fate of Every Project…”

Bent Flyvbjerg, the Danish project management guru who is a professor at Oxford University, and Dan Gardner, the New York Times journalist, have written a superb book. We started reading it on a Sunday morning hoping to learn how to manage our projects and teams better. By teatime we felt significantly wiser thanks to both, […]

Jul 30 . 4 MIN READ
Consistent Compounders

Portfolio Performance and Update on Fundamentals – June 2023

  *For relative performance of particular Investment Approach to other Portfolio Managers within the selected strategy, please refer https://www.apmiindia.org/apmi/WSIAConsolidateReport.htm?action=showReportMenu Under PMS Provider Name please select Marcellus Investment Managers Private Limited and select your Investment Approach Name for viewing the stated disclosure Consistent Compounders Portfolio (CCP) Fundamentals of CCP companies continue to deliver healthy progress, as reflected in […]

Jul 27 . 8 MIN READ
Consistent Compounders

Rebalancing is Often Misunderstood Yet Necessary

Periodic rebalancing or re-alignment of the MeritorQ portfolio is as necessary as watering a plant periodically to help it grow – do it too often and the plant may rot; on the other hand, never do it and the plant dies. In MeritorQ we identify quality yet relatively undervalued companies (our newsletters Forensic Accounting Using Quant […]

Jul 25 . 8 MIN READ
Consistent Compounders

My failings as an investor

Whilst the best learnings are from one’s own experience, it is never a bad idea to learn from reading about mistakes of others. Christine Benz is an authority in personal finance having researched and written about the subject for years. In this piece, she writes about her mistakes. Here’s two of them we find often […]

Jul 23 . 3 MIN READ
Consistent Compounders

The Surprising Striver in the World’s Space Business

Last week, the Indian Space Research Organisation (ISRO or India’s NASA equivalent) launched its third lunar exploration mission with a lander and rover, expected to land near the lunar south pole end of next month. Such has been the progress in India’s rocket science over the decades, primarily driven by the government owned and funded […]

Jul 23 . 2 MIN READ
Consistent Compounders

Meetings Are Mushrooming. Harsh Measures May Be Required

Most of us are guilty of either hosting or attending meaningless meetings in the office. Evidence is growing that meetings – whether in person or on videocall – are a killer of workplace productivity and morale. Shopify, the Canadian e-tailer, recently highlighted the perils of this phenomenon: “Earlier, the company axed recurring meetings of three or […]

Jul 23 . 2 MIN READ
Consistent Compounders

‘This boy was born to be No 1’: the making of Carlos Alcaraz

It shouldn’t have surprised anyone that Carlos Alvaraz won at Wimbledon last Sunday. After all he was the top seed. However, the five-set win over the Novak Djokovic, arguably the front runner for the G.O.A.T (Greatest Of All Time) in tennis, has made the world see him in a totally different light – the beginning […]

Jul 23 . 4 MIN READ
Consistent Compounders

Explained: Why news publishers across the world are suing Google – their biggest source of readers

Many affluent, well-educated people spend a lot of time fulminating about which direction politics is moving on. Specifically, are governments becoming more authoritarian? Are minorities being oppressed? Whilst angst of this sort is very noble, it ignores the fact that the key development of the past decade has been the rise of tech which gradually […]

Jul 23 . 5 MIN READ
Consistent Compounders

Reshoring supply chains: What does it mean for investors?

Whilst plenty of journalists, executives & politicians talk about China+1, very few people have data to hand which gives them a sense of the sheer scale of the transformation that is taking place in global supply chains today. This article by three investors from Capital Group, the Los Angeles headquartered giant of active asset management, […]

Jul 23 . 4 MIN READ
Consistent Compounders

How to Succeed in Business Like Taylor Swift

There are many celebrities who have demonstrated their business acumen and made millions, some even billions. But the stand out among them is 33yr old Taylor Swift, the American pop music icon, whose ongoing “Eras Tour” is expected to become the biggest concert tour of all time, likely turning out over $1bn in revenues. So […]

Jul 16 . 3 MIN READ

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