Amongst HNWs of Indian descent across the world, there is growing curiosity about Ashwagandha. Recently, we found ourselves sitting the in palace of Indian billionaire in Dubai discussing whether he should step up his investments related to this root crop which is the new King of Ayurveda. Ashwgandha is India’s version of ginseng and is […]
In any vibrant, free market economy, firms that enjoy high RoCE will attract continuous waves of competition. Amidst high competitive intensity, while most firms will fall by the wayside, the Consistent Compounders are able to maintain their dominance due to their strong moats – built through prudent capital allocation and strategic decision making. Marcellus’ research […]
Despite the fiasco around ticket sales, the cricket world cup fever has set in with the Asia cup and the Australia series in the run up. However, both the series lacked intensity despite involving historic rivalries for hosts India with Pakistan and Australia. This piece by Sandeep Dwivedi in the Indian Express explores why these […]
The pandemic induced ‘Work from Home’ has gone through a full cycle with businesses initially forced to embrace it, then finding cost and productivity benefits to now recalling workers back to office citing productivity issues. Simon Kuper argues why that might not be a great idea:x “…the argument for the efficiency of office work is […]
Over the past year, we have been researching the ascendancy of Indian women in terms of educational attainment and professional success. This research in turn has led us to ramp-up investments in companies whose offerings are primarily purchased by women. In this context, we enjoyed reading this piece from Anup Roy which says: “Women in […]
Investing in cyclical stocks can be challenging as fundamentals as well as share prices can underwhelm for fairly long periods. However, they can be rewarding as well if we can understand the cycle. Research by analysts at Marathon Asset Management into this subject got published as a book titled Capital Returns. This blog by Cedric Chin […]
Over the past couple of years, we have noticed that the financial statements of many smaller Indian companies are audited not just by non-Big4 auditors, they are audited by small audit firms which have never before audited the accounts of listed entities. In fact, this article says: “The Big 4 (or now, 5) firms have long […]
Ian Johnson has lived and reported from China about the country for over two decades. During this period, he has won the Pulitzer Prize for his reporting. He is the Stephen A. Schwarzman Senior Fellow for China studies at the Council on Foreign Relations and the author of the forthcoming book ‘Sparks: China’s Underground Historians […]
For those of us who know a second language, turns out, we can alter our mindset by a conscious choice of language used to think depending on the circumstance, to make better decisions. In this article, David Robson, the author of the book “The Expectation Effect: How Your Mindset Can Transform Your Life”, cites research […]
Over the past decade Ian Cassell has become a celebrity microcap investor not least because of his superb “Intelligent Fanatics” series of books on great entrepreneurs and CEOs. In this blog, he explains the uselessness of macro forecasting from the perspective of an equity investor. In specific, he helps you understand how even if you […]
FT columnist Robert Shrimsley points out that the rise of social media, rather than creating a virtual commune where contesting ideas can be debated, has undermined the quality of political activism because “For a certain kind of activist, politics has been reduced to pure performance”. Mr Shrimsley notes that at a recent public event in England […]
This long read has the potential to be made into a movie thriller. The content of the article – $2.5bn siphoned off a bank account meant to hold tax deposits of oil companies in Iraq, is in itself a matter of intrigue. But the author, Nicolas Pelham, goes one up with his story-telling that the […]
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