Consistent Compounders

Review of Amartya Sen’s “Home in the World”

Those of us who grew up in India in the 1980s and 90s used be stunned by the quality of students that the schools of Kolkata would produce in that era. Our peers from Kolkata would read not just Tagore but also Kant & Shakespeare, not just Newton but also Einstein & Fermi. They would […]

Apr 03 . 4 MIN READ
Consistent Compounders

How Cold War II Will Impact Your Wealth

Given the likelihood of elevated inflation as Cold War II commences, the worst possible thing that investors can do is seek the safety of fixed deposits, Government bonds, corporate bonds and other fixed income investments – inflation will radically erode the real value of such investments. The most sensible method to deal with a scenario […]

Apr 02 . 13 MIN READ
Consistent Compounders

40 years of tapes, 30,000 DVDs, one cricket superfan: The Rob Moody aka robelinda2 story

If you are a cricket geek – like many of us in Marcellus are – you will often wake up on Sunday morning asking questions like “how good was Sachin’s century in the first innings of the 1993 Chennai test against England?”. If you do ask questions such as these only one man can readily […]

Mar 27 . 2 MIN READ
Consistent Compounders

Path to US via YouTube, Insta— How Indian influencers are fuelling ‘New American Dream’

From the 1960s through to the turn of the century, the sons & daughters of well-educated middle class Indians made a dash for America because their parents held down respectable but poorly paid jobs in India and the next gen wanted to live a better life in the USA. Over the last decade, the progeny […]

Mar 27 . 2 MIN READ
Consistent Compounders

How to prepare for a recession

It is commonplace these days for so called “investment experts” to assert that we are heading towards trouble after all as, bestselling author of “A Wealth of Common Sense”, Ben Carlson says, “There seems to be a growing consensus among smart people I follow right now: Inflation was already high and is only going to get […]

Mar 27 . 2 MIN READ
Consistent Compounders

Inside Putin’s circle — the real Russian elite

The great & the good are the objects of public interest in any country. When that country happens to be Russia – a nuclear superpower with a notoriously wealthy and powerful elite – the great & the good become objects of global intrigue: “The western media employ the term “oligarch” to describe super-wealthy Russians in general, […]

Mar 27 . 5 MIN READ
Consistent Compounders

Signalling as a service

Julian is a 34-year old who lives in Berlin and works for Stripe. He also writes a very interesting blog. In this blog he explains that much of what we, as humans, do is driven by “signalling”. This is not a novel idea of course but Julian’s blog develops the idea very cleverly. The central […]

Mar 27 . 5 MIN READ
Consistent Compounders

Volkswagen and China: the risks of relying on authoritarian states

As Western companies begin to count the cost of writing off thirty years of investments in Russia, some of them have already begun thinking about the prospect of doing the same in China. The only difference is that after cosying upto the Chinese Communist state over the past forty years, Western companies’ investments in China […]

Mar 27 . 4 MIN READ
Consistent Compounders

History Repeats Itself as KCP’s Fundamentals Race Ahead

If the stock prices of our portfolio companies would not have been quoting daily, as part business owners of these firms, the only way we would have judged the health of these businesses would have been by looking at their underlying fundamentals. The underlying fundamentals of Financial Services companies can be assessed by looking at […]

Mar 25 . 6 MIN READ
Consistent Compounders

Resilience in a Volatile World

In continuation of the trends witnessed over FY16-21, the Rising Giants (RG) companies continued to post healthy performance in 9MFY22 (revenues and PBT up 46% and 28% respectively for the portfolio) driven by continued market share gains and addition of growth drivers through capital allocation initiatives. The investee companies’ acceleration in investments in products, distribution […]

Mar 25 . 10 MIN READ
Consistent Compounders

Sahir Ludhianvi: a romantic and a revolutionary

As we rediscover “normal life” in the post-Covid world, we also realise that the extended lockdown had given us time to discover treasures of India’s cultural heritage which are being forgotten in the daily grind of earning a living. One such treasured discovery for us is the legendary Bollywood lyricist of 1950s & 60s, Sahir […]

Mar 25 . 2 MIN READ
Consistent Compounders

The mystery of an ancient Hindu-Buddhist kingdom in Malay Peninsula

One of the joys of travelling across South East Asia is to discover vast temple complexes – much bigger than the biggest temples in south India – which are clearly and heavily influenced by Indian architecture. For example, the sprawling Angkor Vat in Cambodia and the massive temple complexes in Borobodur and Prambhanan in Bali, […]

Mar 25 . 2 MIN READ

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