The fortunes of the Chinese economy have implications for the rest of the world given its sheer size and share of the global economy. Given recent weakness driven by the collapse of its property sector, the world was hoping for some measures to turn around the economy at the recently concluded Third Plenum of the […]
Vultures have a bad rep in Indian mythology eg. a key villain in the ‘Mahabharata’ is called Shakuni Mama. However, as supreme scavengers, they have played a key role in cleaning up our country for free. ““Vultures are considered nature’s sanitation service because of the important role they play in removing dead animals that contain bacteria […]
Over the past year, in our portfolios we have loaded up heavily on the rise of Indian women. This newsflash on India Today is symptomatic of who is wearing the trousers these days in marital relationships in small town India: “India Today News Desk Maharajganj, UPDATED: Jul 10, 2024 17:13 IST…. Around 11 married women […]
Over the past fortnight, trainee IAS office Puja Khedkar and her parents have made the headlines for the wrong reasons. Water cooler and tea stall chats across the nation about Ms Khedkar’s conduct has brought to the fore an even nastier problem which Amana Begum highlights in this article: “…Puja Khedkar’s case, involving selection through alleged […]
Plenty of research has shown time and time again that the biggest source of happiness is our social connections (only health is bigger). Yet, most of us end up ignoring some of our most precious relationships as we get caught up in our pursuit of professional success or its exigencies. In this blog, Rob Henderson […]
It seemed appropriate to follow up Howard Marks’ memo with this newsletter from Josh Tarasoff from Green Lea Lane Capital as it picks up the thread on the inherent unpredictability in investing. Except Josh extends this to beyond investing to business and in fact any complex adaptive system. More importantly, he establishes the multi-variate nature […]
Intellectual humility is often regarded as one of the most important traits to succeed in investing. So, when Howard Marks writes a memo on it, we have to feature it for he has been quite vocal on the subject of the inherent uncertainty in investing, markets and the economy. Yet, many of us mistake a […]
If you are a liberal, you will love this long graphics heavy read from Jeff Bezos owned Washington Post. If you are a conservative, you might not like the piece, but we would recommend that you read it to understand how the journalism of the future will look like – combining graphics, animation and text, […]
*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) Businesses with strong competitive advantages (and hence high ROCEs), can be categorized into […]
Arguably, the game of cricket lends itself to statistical analysis more than any other sport. Hence, it is no surprise that a statistician has had a significant influence on the game as it is played today. We are talking about Frank Duckworth, who passed away last month. Duckworth, a member of the Royal Statistical Society […]
The boom in Generative AI is real if Nvidia’s shares are anything to go by. Indeed, Nvidia became the largest company on the planet by market cap briefly last month, its market cap rising ten times in a year and a half to over $3trn. It is not just its market cap but also its […]
Did you know that “Indian laws do not mandate that spices sold in domestic market be tested for any pesticide residue”? We didn’t know this either until we read this informative piece by Tabassum Barnagarwala. As many of us have learnt over the past couple of months regulators in various countries (UK, Singapore, Hong Kong, […]
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