When a Marcellus employee needs reinvigoration, they head to the cities of south India which have become India’s intellectual hubs with millions of people reading, thinking and discussing the ideas that will define India in the decades to come. Hence none of us were surprised to hear that Kozhikode has became India’s first UNESCO City […]
In this engrossing long read, Tom Stevenson – the author of the book, ‘Someone Else’s Empire: British Illusions and American Hegemony’ – argues that America is playing a double game wherein, prima facie, it is pretending that its power is on the wane. Underneath this façade says Mr Stevenson, America is more than ever asserting its […]
Consistent Compounders Portfolio (CCP) Companies in our Consistent Compounders Portfolio generated median PAT growth of 24% YoY in 2QFY24 and 27% YoY in 1HFY24. This acceleration in PAT growth is an outcome of both: a) accelerated market share gains and improved operating efficiencies as an outcome of capital allocation decisions taken over the last […]
The software which is helping compile this edition of the 3L&3S just turned 40. The ubiquitous Microsoft Word is the dominant word processing software globally. This article in the BBC looks at how this ubiquity with hundreds of millions if not over a billion users, might have influenced our use of language. The author shows […]
The author of this piece, Juan Perez, is “a former global head of research at Morgan Stanley and former group head of research, data and analytics at UBS.” Mr Perez begins with the piece with an analogy featuring Isaac Newton: “Sir Isaac Newton lost a fortune betting on the South Sea Co. Perhaps he did not take into […]
The game of chess has been played for 1500 years. Therefore, it is fitting that the first country to give this game a family with multiple Grandmasters is the country where the game was born, India. As Susan Ninan explains in this article, “few have fit the chess prodigy descriptor as well as India’s Rameshbabu Praggnanandhaa. […]
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 […]
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