Consistent Compounders

From Konappana Agrahara to Electronic City: A Village as a Microcosm of India

Three decades ago, the fortunes of two tiny villages ~20 kms away from Bengaluru changed for the better. In 1992, Infosys set up its campus in these villages and triggered a transformation in what is now known as Electronic City. This monumental change created winners (the tech companies, their employees, landowners) and losers (landless farmers, […]

Dec 08, 2023 . 14 MIN READ
Consistent Compounders

Short read: The High Stakes of Low Quality

Quality in essence underpins durability or sustainability whether it comes to investing or consumer products. However, falling attention spans and growing consumerism has driven people’s preferences away from durability towards short termism or use and throw behaviour. Yvon Chouinard, the legendary founder of the iconic clothing brand Patagonia, writes in this oped for the New […]

Dec 05, 2023 . 3 MIN READ
Consistent Compounders

Short read: Charlie Munger – He didn’t merely teach us how to invest, he showed us how to think

Charlie Munger, the vice chairman and lesser known partner at Warren Buffett’s Berkshire Hathway, passed away earlier this week, just short of his 100th birthday. Investors who have aspired to follow on the footsteps of Berkshire have benefited from Munger’s nuggets of wisdom not just in investing but on life in general – much of it […]

Dec 05, 2023 . 2 MIN READ
Consistent Compounders

Short read: Pieces aligned: Indian chess is on the cusp of an unprecedented revolution

Over the past decade, chess coaching academies have mushroomed in almost every suburban neighbourhood in peninsular India. Combine that with easy online access to the best chess players in the world and to a massive repository of chess knowledge and you have the recipe for an explosion of “young Indian chess players who have started to […]

Dec 05, 2023 . 2 MIN READ
Consistent Compounders

Long read: The Road to Self-Renewal

Many of us face a version of mid life crisis in our professional lives as well, often stagnating or even burning out, essentially losing steam. Apparently, societies go through the same – thrive and decay, said John Gardner in his book – Self Renewal: The Individual and The Innovative Society. Gardner says the society’s ability to […]

Dec 05, 2023 . 5 MIN READ
Consistent Compounders

Long read: Tyrian purple: The lost ancient pigment that was more valuable than gold

If you are one of those people who think that whatever the ancients could do, we can do better then this article will make you think again. The opening lines of Zaria Gorvett’s article are: “For millennia, Tyrian purple was the most valuable colour on the planet. Then the recipe to make it was lost.” The reason […]

Dec 05, 2023 . 3 MIN READ
Consistent Compounders

Long read: How an American woman built one of India’s most prestigious medical schools

CMC Vellore (or to use its full name, Christian Medical College Vellore) is a legendary medical college – probably second only to AIIMS in the league table of India’s top medical schools – where some of India’s finest doctors practice. Living in this era of resurgent nationalism, we were stunned to learn from this fine […]

Dec 05, 2023 . 4 MIN READ
Consistent Compounders

Global Compounders Portfolio: First Anniversary Review

Marcellus’ Global Compounders Portfolio (GCP) strategically invests in 25-30 deeply moated global companies aligned with megatrends, fostering a consistent mid to high teens compounding of free cash flow/earnings. As GCP reaches its first birthday, we reflect on our journey. Despite the brief time span, it’s reassuring to witness the portfolio’s progress aligning with our expectations, […]

Dec 05, 2023 . 10 MIN READ
Consistent Compounders

Short read: The fallout from the weirdness at OpenAI

For those of you who may have missed the drama at OpenAI, the startup at the forefront of Artificial Intelligence or AI becoming mainstream: “On November 17th the board of the maker of ChatGPT suddenly booted out its chief executive (Sam Altman). On the 19th it looked as if Mr Altman would move to Microsoft, […]

Nov 29, 2023 . 2 MIN READ
Consistent Compounders

Short read: Your hair loss is not solely about genes. Air pollution is turning you bald as well

Hair loss is a thing in Marcellus and its afflicting many of our colleagues in their 20s and 30s. Whilst the stress related to our jobs plays a role, Dr Bhardwaj, a dermatologist, says that the crazy levels of air pollution prevalent in much of the country also contributes to hair loss: “Air pollution has […]

Nov 29, 2023 . 2 MIN READ
Consistent Compounders

Short read: How many women work in India’s factories?

Dhruvika Dhamija’s data crunch throws up several remarkable facts such as: “Seventy two percent of all women working in industries across India were employed in just four southern states – Tamil Nadu, Karnataka, Andhra Pradesh and Kerala… Additionally, there is a wide gender-wage gap. For every INR 100 a male industrial worker earned as wages […]

Nov 29, 2023 . 2 MIN READ
Consistent Compounders

Long read: The Unbelievable Zombie Comeback of Analog Computing

Eversince ChatGPT brought Artificial Intelligence (AI) mainstream, the discourse on how AI will change the world as we know, has taken all sorts of dimensions. (Read our last short read for the drama around governance at AI’s most famous startup). But few would have expected AI to drive the resurgence in analog computing, something considered […]

Nov 29, 2023 . 4 MIN READ

For more content on our strategy, visit the archives GO TO ARCHIVES

2025 © | All rights reserved.

Privacy Policy | Terms and Conditions