Short read: Amid cheers, Uttarakhand women break glass ceiling with cricket bats
Over the past six months we have written a series of blogs on the rapid rise in the incomes & aspirations of India’s women (here’s the most recent blog: The Rapid Rise of Female Entrepreneurs in India – Marcellus). Kautilya Singh’s article explores a different side of this phenomenon – how women living tough lives in […]
Long read: Bengaluru’s darshini wars
Priya Ramani’s recent piece on how a Bangalore Dosa Chain went viral referenced this long read in the Mint from early last year, which talks about a fairly successful restaurant concept unique to the city of Bangalore called Darshini’s. “Darshinis are a quintessential part of Bengaluru’s food culture—they are casual, no-frills, quick-service restaurants (QSRs); no self-respecting Bengaluru […]
Long read: Why economists love “Robinson Crusoe”
Economics is considered to be the study of the use of scarce resources. In this beautiful Christmas special essay in the Economist, the author discusses why the famous 18th century novel, ‘Robinson Crusoe’ by Daniel Defoe continues to draw references from economists even today. “Crusoe has appeared in Karl Marx’s “Das Kapital”, John Maynard Keynes’s “General […]
Long read: 10 Breakthrough Technologies 2024
This superb long read gives you a summary of the ten breakthrough tech innovations which will define 2024 and then allows you to click through to a long, well researched piece on each of the 10 technologies. Rather than doing a bad job of summarizing the 10 technologies (and reducing your incentive for clicking through […]
Marcellus’ Portfolio Leads India’s Capex Change
Whilst public sector capex has grown steadily in India between FY19 and FY23 (14% CAGR in nominal terms), the same is NOT true for private sector capex (7% CAGR in nominal terms). In such a scenario, Marcellus’ portfolio companies have grown capex (i.e., net block) significantly faster than the capex growth in the BSE500 […]
Marcellus Portfolio Update and Performance Snapshot – December 2023
Consistent Compounders Portfolio (CCP) Calendar year 2023 ended with Marcellus’ CCP portfolio generating 16% returns with 6% underperformance against Nifty50 TRI, supported by a recovery in performance from April 2023 onwards (1st Apr 2023 to 31st Dec 2023 performance was 28%, marginally better than Nifty50 TRI). The top-5 stocks in Nifty were Tata Motors, Bajaj Auto, […]
What is resilience? A psychologist explains the main ingredients that help people manage stress
Much like the third long read today talks about how patience can be cultivated as a character trait, so can resilience according to clinical psychologist Rachel Goldsmith Turow. But what is resilience? “The word resilience can be perplexing. Does it mean remaining calm when faced with stress? Bouncing back quickly? Growing from adversity? Is resilience […]
Two Bihar Ranji Trophy teams turn up on ground, start delayed
The Ranji Trophy is India’ premier first-class cricket tournament and Mumbai are the current holders of the trophy (and the team with the most number of Ranji Trophy wins). The competition is divided into two groups – the Elite group (where the top teams like Mumbai, Delhi, Tamilnadu, etc play) and the Plate group (where […]
In the stories of Asian Games’ medalists, the story of sport in India
At the Asian Games held in China last year, 256 Indian athletes won medals. Since this was India’s largest medals haul at the Games, what followed was much chest thumping in the world’s most populous nation. Mihir Vasavda’s carefully researched story points to a more bittersweet underlying reality behind these medals. He says, “Ninety-six athletes who […]
Active Patience
In his blog ‘The Seven Virtues of Great Investors’ that Jason Zweig wrote about last year, ‘Patience’ perhaps could be construed as the most obvious one, even cliched, given the inherent volatility in markets irrespective of one’s style of investing resulting in periods of weak performance (absolute, relative or both). What he doesn’t say is whether patience […]
How to get rich in the 21st century
To be sure, the title does not refer to us getting individually rich but to countries making the leap from a developing economy status to the rich world, measured by per capita incomes rising to levels that the IMF classifies as a developed economy. The 20th century saw some of the East Asian economies make the […]
JS: The iconic magazine which ‘invented’ the Indian teenager
Those of us who read a few books and writes 3 longs & shorts fancy ourselves as people who know a little bit about India. Then we come across a slice of India that we had never heard about before. That was broadly how we felt when we read this piece by Soutik Biswas about […]
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