Consistent Compounders

Let Go of the Learning Baggage

Most organisations now have a ‘Learning and Development’ program recognising the need for continuous improvement. However, one aspect of learning is often unwittingly frowned upon at work or atleast is a source of guilt for many of us – deep thinking, or what this blog calls as the ‘diffused mode of learning’ where we connect […]

Oct 23 . 2 MIN READ
Consistent Compounders

Media Lying about Climate change and Hurricanes

In last week 3 Longs & 3 Shorts we highlighted an article from the Financial Times regarding how hurricanes were becoming more common and deadlier in the US and what the Americans are doing to forecast such hurricanes more accurately – see https://www.ft.com/content/938e7b54-0174-4984-8e94-34dbd1bb012a In the wake of this, some of you wrote in to say that […]

Oct 23 . 2 MIN READ
Consistent Compounders

ABBA’s Triumphant Return

In a world where every morning it seems one wakes up to hear about a fascist politician coming to power somewhere or the other, it was particularly disappointing to hear of such a development in Sweden. As far as us Indians who grew up in the 70s and 80s are concerned Sweden is the country […]

Oct 23 . 2 MIN READ
Consistent Compounders

China and the West are in a race to foster innovation

In the run up to this week’s potentially era-defining National Congress of the Communist Party of China, where Xi Jinping is likely to retain a third term as President and demonstrate more consolidation of power, the Economist has dedicated its latest edition to this event covering various aspects of the regime. Indeed, the Economist has […]

Oct 23 . 5 MIN READ
Consistent Compounders

We Will See the Return of Capital Investment on a Massive Scale: Russell Napier

Many of us including mainstream economists tend to get carried away by the lure of free market economics. Turns out it is no more than being wishful. To get us out of our delusions, we need someone like Russell Napier, the independent strategist who has been calling out for sustained inflation soon after the Covid […]

Oct 23 . 4 MIN READ
Consistent Compounders

India Has Led The Way In Authenticating Medicines, But Must Do More

One of the reasons we avoid investing in Indian pharma companies which make formulations is because our channel checks suggest that the business model of Indian pharma companies is NOT only unviable in the long run, in the short run it leads to cutting of corners with inevitable consequences for quality – see our blog […]

Oct 23 . 5 MIN READ
Consistent Compounders

The Stars are Aligned for Indian Lenders

The fact that Indian lenders are sitting on: (i) their highest ever capital adequacy, (ii) their lowest non performing assets since the Asset Quality Review in 2015, and (iii) their highest RoAs since FY13 has been  masked by global macro uncertainties. Since private sector Indian banks are funded by growing domestic  financial savings and have […]

Oct 21 . 6 MIN READ
Consistent Compounders

The flavours of nostalgia : How Nirula’s changed the way Delhi eats

This article is essential reading for anyone who has NOT had the Hot Chocolate Fudge (HCF) at Nirula’s, an essential experience that civilised folks in the NCR have been partaking in for decades. Sadaf Hussain writes in the Indian Express that “When I first arrived in Delhi in 2011, Nirula’s seemed to me like any other […]

Oct 16 . 2 MIN READ
Consistent Compounders

Nobel prizes most often go to researchers who defy specialization – winners are creative thinkers who synthesize innovations from varied fields and even hobbies

In 2019, David Epstein published his fascinating book “Range: Why Generalists Triumph in a Specialised World” challenging the belief that specialised expertise as the only route to success. In that book, he contrasts the lives of Tiger Woods who picked up the golf club as a toddler to Roger Federer who played a whole range of sports […]

Oct 16 . 3 MIN READ
Consistent Compounders

The US-China chip war is reshaping tech supply chains

With the West’s energy supply chain with Russia broken, much of the world is now preparing for a breakdown of the semiconductor supply chain emanating from Taiwan (something that will be become inevitable if China attacks Taiwan): “…intensified US-China tension over technology — and especially semiconductors — has shifted electronics supply chains in slow but significant […]

Oct 16 . 2 MIN READ
Consistent Compounders

Psychiatry wars: the lawsuit that put psychoanalysis on trial

In the week of World Mental Health Day, we thought we’ll do our bit in terms of raising awareness about the condition which is increasingly prevalent yet not fully understood nor given due importance. This is a piece adapted from a new book Strangers to Ourselves by Rachel Aviv. The Guardian describes the book as: “The highly […]

Oct 16 . 4 MIN READ
Consistent Compounders

A Brief History of the Past 10,000 Years of Monetary Policy and Why Last Week Was a Big Deal

The past two weeks have seen a spike in the use of the phrase ‘Lehman moment’, thanks to the policies of the new government in the UK. Many of us got to learn about Wall Street’s creation of exotic derivatives such as CDOs and CLOs which turned toxic during the Lehman crisis. The equivalent this […]

Oct 16 . 6 MIN READ

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