One of the most common fallacies in business life and in investing is that change is all around us and that everything is changing and therefore, by deduction, all of us need to hyperventilate about whether our investments are on the bleeding edge of change. A decade ago, in his book ‘Antifragile’, Nassim Taleb popularized […]
Barkha Dutt explains in this piece how the phrase “Looking like a wow” came to rule India, why the rise of this phrase captures much of the change that is taking place in India. The phrase itself comes from an unlikely source: “At its heart, this is a story of how technology and social media — […]
It is that time of the year when reports such as ‘Market Outlook for 2024’ show up in our inboxes. Joe Wiggins of Behavioural Investment reminds us of the futility of making such forecasts about entities such as the market which are inherently in the short term (yes, one year is by any measure a […]
Chris Lintott is a professor of astrophysics at the University of Oxford and a lecturer at Gresham College. He Chris Lintott informs us that “a core principle of Einstein’s theory of relativity, which is that time is not universal. The faster you travel, the slower time will pass for you”. He then says that scientists have proven […]
Amidst the slew of reports in the Western media about how the Chinese economy is unravelling, Louis-Vincent Gave of Gavekal research, a China focused research outfit has been putting out contrarian arguments. Here’s another piece on how China is holding up with rising trade surplus offsetting the decline with the west with rapid rise in […]
Deborah Cohen, a professor of history at Northwestern University reviews the book ‘The Greatest Capitalist Who Ever Lived’, a biography of Thomas Watson Jr, the CEO of IBM in the middle of the 20th century. Under Watson Jr, IBM rose to being a computing giant in the post war era, before succumbing to the innovator’s dilemma […]
This piece by Shekhar Gupta is a story of change we can believe. Those of us in Marcellus who grew up in Delhi, grew up for the most part in the shabby gentile confines of DDA flats (DDA stands for Delhi Development Authority). As we grew up, we became acutely of whether lived in HIG […]
‘Master narratives’ are culturally shared stories that guide the thoughts and behaviours of the citizens of a country. After surviving the dark, desperate decades immediately following Independence, India has reinvented its master narrative over the past 20 years. The world-beating performance of the Nifty50 over the last 20 years, the widely hailed Mangalyaan mission that […]
The Indian cricket team has been consistently at the top of world rankings over the past decade or so and a lot of its success has been attributed to the Indian Premier League which allowed the professionalisation of the sport as well as for talent to be discovered and developed. On the back of the […]
Every now and then we come across people who are very thoughtful about every aspect of their lives. A few of them are articulate enough to share their clarity of thought with us. One of them is Graham Weaver, a private equity investor as the subject says. A couple of months ago, we did feature […]
Pampore in Kashmir is India’s centre of saffron production. Saffron costs $1500/kg and 90% of India’s saffron is grown in Kashmir. The problem is Kashmir’s saffron production is plummeting. Monis Mir, a local farmer interviewed by Priti Gupta of the BBC, explains what is happening. “Mr Mir says his fields have become less productive over the […]
The professional workplace requires us to behave in a polite and civilised manner. There is nothing wrong with that but often that comes in the way of honest expressions of inevitable disagreements. We nonetheless end up demonstrating our displeasure through behaviours that is now come to be known as ‘passive aggression’. This is a brilliant […]
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