It is said that the hierarchy of sciences goes like this: Physics > Chemistry > Biology > Psychology > Sociology. One wouldn’t be developed without the predecessor. But to understand Physics would be unimaginable without Math. In this fascinating essay, Professors Bo and Hannes Malmberg take us through the history of Mathematics and how it […]
In our last week’s edition of the 3L&3S, we featured Yvon Chouinard’s oped in the NYT about the need for a quality revolution to drive sustainability and deal with climate change. A reader responded with this long read in The Guardian – an excerpt from a new book “Stuff: Humanity’s Epic Journey from Naked Ape to Nonstop Shopper” by […]
More than the Middle East or Russia or Taiwan, the most likely place for an epic punch-up is the South China Sea. That’s the main thrust of this long piece in The Atlantic with the author, Tim McLaughlin, casting China as the primary instigator. Mr McLaughlin begins by explaining why the odds are in favour […]
To curb systemic risk posed by the sharp growth in unsecured credit and NBFC credit in the banking system, the RBI raised risk weights on both from 100% to 125%, effectively asking lenders to set aside more equity capital for these credit risks. This move is likely to have highest impact on business models of […]
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, […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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, […]
For more content on our strategy, visit the archives GO TO ARCHIVES