Washington isn’t listening to business on China any more
Inspite of the growing antagonism between America and China, many global investors stay heavily invested in China in the hope that the US Government will at some stage move towards a rapprochement with China just because American businesses have invested trillions of dollars in China. Speaking to our friends in New Delhi it seems that […]
Warren Buffett’s Formula for Success: One Good Decision Every Five Years
The title might seem like a clickbait, but it isn’t far from the truth in some sense. Ahead of the shareholder meeting, Warren Buffett published Berkshire’s annual shareholder letter. This piece looks at one key takeaway from that letter – how Buffett’s stupendous returns over 58yrs at Berkshire are almost entirely driven by just a […]
Investing’s Big Blindspot
Last weekend was Berkshire Hathaway’s annual shareholder meeting in Omaha, which is now turned into a Tomorrowland of sorts for investing geeks from all over the world who turn up in thousands to listen to the two grand old men of investing Warren Buffett and Charlie Munger, the company’s Chairman and Vice-Chairman respectively. So, this […]
Notes from Outlive: The Science and Art of Longevity by Peter Attia
Our understanding of our body and hence our ability to live a healthy and long life continues to evolve. This article is a review of a new book Outlive: The Science and Art of Longevity by Peter Attia. “It talks at length about the root causes of the “four horsemen”, the major killer diseases: cardiovascular disease, […]
How ‘conman’ Sherpuria went from waiter in Gujarat to fixer for top civil servants including CBI officers
As the polarisation of wealth in India ramps up, so do the incentives to become a fraudster. Whilst most people we know have been at the receiving end of phone calls from the ‘boiler rooms’ in Jamtara or Indore, it is the fraud that is being perpetrated on the elite that is even more interesting. […]
Wealth Compounding = High ROCEs + Reinvestment of Profits
Starting this month, we are rolling out a joint newsletter across our four domestic PMS Products. In this edition, we revisit the basic principles underlying Marcellus’ investment philosophy i.e. a firm’s ability to generate Free Cashflows (FCF) and grow them at a healthy rate sustainably over the long term. We take a look at: a) […]
Sachin Tendulkar at 50 – The stranger we kept calling by his first name
As the defining sports icon of our generation hits his most important half century, several excellent cricket writers have produced some outstanding essays over the past fortnight. Alagappan Muthu’s essay on Sachin Tendulkar at 50 is close to the top-of-this-heap. Part of the reason Muthu’s essay is so good is because it reminds us of […]
op ways to be a super schmoozer
Whilst most people in Marcellus have excellent social skills, there are some of us in Marcellus who get sweaty palms at the thought of schmoozing and networking. Pilita Clark of the FT offers some dos & don’ts for such reluctant networkers. Let’s start with the dos. Here is what good networkers do: “…they prepare. They think […]
Why books don’t work
The title might sound a bit outrageous but for all the virtues bandied about reading books, many of us struggle to get through them. Here we are talking about non-fiction books with heavy insightful messages to take away from. Some of us are naturally tuned to absorbing the material quite easily. And for some of […]
The Contradictions of Sam Altman, AI Crusader
We have been featuring articles on the rapid developments in Artificial Intelligence and its contrasting implications for humanity. This one is about the human being closely associated with the development – Sam Altman. Altman is the founder and CEO of OpenAI, the now for-profit company that owns ChatGPT, the generative AI tool that has taken […]
Could Panaji’s waste revolution be a blueprint for other Indian cities?
Anyone who lives in a large Indian city is accustomed to driving past mountains of rubbish which often exceed the height of a 50-storey building. The earthmovers and trucks working on these mountains of rubbish – commonly called ‘landfills’ – look like ants trying to move colossal lumps of garbage. Many of us who have […]
How Diljit Dosanjh, Raja Kumari challenged ‘tone-deaf’ Coachella fashion—sneakers to prints
Whilst the deracination of affluent urban Indian youth continues apace, some of India’s homegrown pop icons are flaunting their Indian identity on the global stage. Central to this identity is their clothing – no more denims jeans & jackets for our popstars; enter traditional Indian wear with a designer edge: “Punjabi pop sensation Diljit Dosanjh […]
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