Twenty Years of the Human Genome: Growing Older and Wiser
20 years ago the Human Genome Project was declared complete and the global media trumpeted the beginning of a new era of scientific discovery. In this blog Dr Peter Attia describes, both, why much of optimism about the HGP was misplaced and yet how the HGP is genuinely opening up pathways to new medical discoveries. […]
Real Luxury Goods Don’t Have Brand NamesReal Luxury Goods Don’t Have Brand Names
In our Global Compounders Portfolio, we own Hermes, a 180yr old French luxury brand known for its Birkin bags, a symbol of wealth and exclusivity due to its high price (starts at $10k going all the way upto $400k) and long waiting lists. Demand for luxury goods is not just steady but growing, especially amongst […]
Highlights from Charlie Munger’s conversation with Todds Combs (2022 Singleton Prize for CEO Excellence)
Charlie Munger is Warren Buffett’s long time investing partner and is known to possess an incredible mind. He will turn 100 on 1st Jan 2024, yet can shower nuggets of wisdom on investing, business and life in general as eloquently as ever. This is from a fireside chat a year ago with Todd Combs, someone who […]
Salim Durani played cricket king size, never allowed pressure to imprison him
No one who works in Marcellus was around to see India’s first ever triumph in the West Indies in 1971. India won the five test series 1-0 but in more ways than one this series was a landmark for Indian cricket. As Wikipedia explains, “The series can be deemed a landmark in Indian cricket in many […]
Michael Mauboussin — How Great Investors Make Decisions, Harnessing The Wisdom (vs. Madness) of Crowds, Lessons from Race Horses
The Tim Ferris Show is one of the most popular podcasts out there with a fairly diverse array of guests. But this episode will likely go down as our favourite. We have featured Michael Mauboussin’s essays here in the past. In this podcast, Mauboussin shows what sort of insight, a combination of voracious reading, deep […]
How China is winning the race for Africa’s lithium
As Indian investors and CEOs exult about the China+1 opportunity and the billions that we might one day rake in from this opportunity, China is busy gobbling up the one metal which matters nowadays, lithium. As this FT Big Read explains, “Last month, Africa’s first Chinese-owned lithium concentrate plant started up trial production at Arcadia, in […]
The Age of Average
Last week’s 3 longs & 3 shorts contained a piece by Janan Ganesh of the Financial Times in which he commented on the rise of elite sport and decline of intellectual discourse in daily life – see https://www.ft.com/content/8ecee960-ee87-4328-aa91-2002b63a43ec This week’s first long read from Alex Murrell attacks the same issue from another angle (an angle that […]
Optical Illusions in Equity Investing
Psychological biases tend to affect an investor’s decision making in subtle ways which are usually detrimental to long term investment returns. Several of these biases are better described as optical Illusions. Using the construct of the human brain as described by Nobel Laureate Daniel Kahneman in his book ‘Thinking, Fast and Slow’, we highlight a […]
Why Write?
As one of the long reads from this edition shows, AI capabilities have improved dramatically to the extent that a lot of our tasks can now be automated leaving us to do other things of value. If you want to understand how accessible these are, you should watch this video that Microsoft put out a couple of […]
Indian rugby isn’t elite or male. Sweety, Beauty, Sapna from rural Bihar rule the field
As India changes, every stereotype you and I harboured about the nation is being challenged. You thought Indians didn’t play rugby? You thought rugby was played by the Anglicized elite in the posh schools of India’s big cities? You thought women in India didn’t play rugby? As Jyoti Yadav explains in this piece, you are […]
How football got smart and art got dumb
If your kids watch the Tifo channel on Youtube, they will be able to explain to you the latest tactics in European football in such intricate detail that you will wonder how football became so cerebral. In this intriguing short read, Janan Ganesh explains how the rise of football first led to the rise of […]
How Pathaan scripted history without a roar
Last week, social media was abuzz with comments from those who saw Pathaan on Amazon Prime Video for the first time, questioning how on earth did such a mediocre film become the top grossing Hindi movie of all time? This piece in the Mint digs into what possibly could have been the factors driving the […]
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