Short read: Rest Takes Hard Work
In response to a piece we featured a few weeks ago about why free time is so elusive despite working so hard, a reader shared this article on why we need to work hard towards our rest i.e, deliberate rest. Alex Soojun-Kim Pang, the author of the article says his study of people’s lives over the years […]
Short read: How to Generate Good Idea
Whilst the author of this piece being an investor talks about idea generation in the context of investing, the essence is quite generic and applicable in any field of life. “Idea generation, in the investment business, has always been something of a dark art. Some managers prefer stringent quantitative screens to generate ideas. Others keep […]
Short read: Electoral Bonds data by SBI needs different levels of inquiry: Ashok Lavasa
Ashok Lavasa is a retired IAS officer of considerable repute and a former Election Commissioner. Amidst the breathless excitement about the Electoral Bonds (EB) data published by the State Bank of India (SBI), Mr Lavasa has written a piece in The Print in which he lays out the three issues which deserve deeper probing. “First, […]
Long read: Conviction and Quality
The Warren Buffett school of looking at permanent ownership of businesses or long-term investing in general inevitably requires high conviction as even the best of businesses tend to go through bouts of weakness, testing the investor’s patience. But what do we mean by conviction? How can we train ourselves to build it? This is an […]
Long read: The magic of the mundane
Last week’s 3 Longs & 3 shorts featured a piece on how millions of people across the world are giving up on speaking to their native language and instead switching to speaking more widely spoken languages such as English, Chinese, Hindi and Arabic. That led us – and many of our clients – to ask […]
Long read: How an airplane toilet works at 40,000 feet: The extraordinary science behind everyday flying
This long read answers all those questions you had about airplanes but were afraid to ask. Firstly, how does the toilet work in a plane. Short answer: a toilet in a plane works in a completely different way to the toilets in our residence. Julia Buckley of CNN writes: “Using water to flush airplane toilets is […]
Portfolio performance and update on Fundamentals
*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) In our recent CCP newsletter (click here ) we highlighted that long periods of […]
Short read: Test cricket is what life is: R Ashwin
India’s recent test series win over England had plenty to highlight – the young Yashaswi Jaiswal’s player of the series winning 700+ runs (the only Indian after the great Sunil Gavaskar to do that), Jasprit Bumrah’s series setting spell in the second test or even the debate around England’s Bazball strategy. Yet the highlight for […]
Short read: Pods, Passive Flows, and Punters
Albert Bridge Capital’s Drew Dickson has been putting out some insightful pieces and this one should rank right up there. It might sound familiar to readers of Marcellus’ newsletters where we keep banging on about fundamentals. In this piece, whilst Drew rants about why in the long run fundamentals matter, he raises three aspects why […]
Short read: Bengaluru’s woes
Climate change is already having a life-changing impact on several parts of India. As we approach summer in India, water shortages have begun to kick-in across the nation with Bangalore being the most high profile of India’s increasingly parched cities. As per The Statesman: “The textile industry, a vital economic player in Bengaluru, is feeling the […]
Long read: War in space is no longer science fiction
In the recent past, we have featured a few pieces on the emergence of space-tech, more in the context of investment opportunities related to innovation in the world of space exploration. Of course, the likes of SpaceX by Elon Musk and Blue Origin by Jeff Bezos are now well-known private companies with heavy investments in […]
Long read: Chennai startup finds a solution for ‘overqualified housewives’. No more motherhood penalty
Nobel Laureate Claudia Goldin famously identified the ‘motherhood penalty’ i.e. the price women pay (in terms of compensation foregone) for having a child. She wrote, “Women earn less than men, and that is especially true of mothers relative to fathers. Much of the widening occurs after family formation when mothers reduce their hours of work.” (Source: https://www.nber.org/papers/w30323) “According […]
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