Consistent Compounders

Reasons to Abandon Spotify That Have Nothing to Do with Joe Rogan

Joe Rogan is a former TV commentator in the USA who now does a podcast on Spotify. He recently said some controversial things about Covid vaccines and thereby stirred up the usual hornet’s nest. The good thing is that on the back of that controversy, Alex Ross has written a thought-provoking piece on why services like […]

Feb 13 . 3 MIN READ
Consistent Compounders

Why self-congratulatory balle-balle culture, not Pakistani drones, is biggest threat to Punjab

If you are a Punjabi you might find this biting piece from Shekhar Gupta to be a painful read. If hail from any other part of India, you are likely to find this piece to be a cautionary tale because it describes how in the space of a generation a state can go from being […]

Feb 13 . 3 MIN READ
Consistent Compounders

Rising Giants and Exponential Free Cash Flow Compounding

The road to free cash flow (FCF) compounding is filled with several challenges related to the strength of the business model as well as the capability of the management to grow the business profitably. Hence, only a handful of Indian small-midcap companies manage to generate healthy FCF compounding. Helped by an economic environment conducive for […]

Feb 10 . 10 MIN READ
Consistent Compounders

Avesh Khan and the maza of bowling fast

Once upon a time, most of Indian cricket’s big stars used to come from the big cities. The remaking of India has changed that for good – think MS Dhoni, think Jasprit Bumrah, think Mohammad Shami. The rise of fast bowler Avesh Khan, a fast bowler from Indore newly selected to the Indian cricket team, […]

Feb 06 . 3 MIN READ
Consistent Compounders

He’s not done yet — Why Kapil Sharma, the mass celebrity, deserved Netflix limelight

Stand-up comedy has benefited from the pandemic as several of us had more time on our hands to laugh at a good joke. In fact, courtesy the internet & smartphones and now OTT, Indian comedians have enjoyed a bull run over the past decade. However, most of these entertainers tend to be “people like us” […]

Feb 06 . 2 MIN READ
Consistent Compounders

After Omicron, some scientists foresee ‘a period of quiet’

Given the physical and psychological toll of wave after wave of Covid-19, everybody is seeking deliverance from the pounding. However, given that even the WHO routinely gets its Covid-19 forecasts wrong, one doesn’t know who to believe on this subject. In this piece – taken from the authoritative journal ‘Science’- we look likely to get […]

Feb 06 . 2 MIN READ
Consistent Compounders

How Philosophers Think

This essay is an exploration of not just how philosophers think but how laypeople like us think, talk and behave (which is without rigorously thinking through ideas). The essay begins by celebrating philosophers: “Philosophers are the most rigorous thinkers I know.Like intellectual boxers; they come to understand ideas by making them fight with each other. Their […]

Feb 06 . 5 MIN READ
Consistent Compounders

The Worldly Turn

By the time you read this, you would have been through the bizarre ritual which constitutes the Union Budget – bizarre not just because in a free market economy like India, the Government’s presentation of its accounts and the modest policy announcements which accompany the accounts should not be an occasion for such hype but […]

Feb 06 . 5 MIN READ
Consistent Compounders

Review of “The Power Law: Venture Capital and the Making of the New Future” by Sebastian Mallaby

If a better book on investing is published in 2022, we will open several bottles of something nice to drink. ‘The Power Law’ is rich with insight and helps the reader go to the heart of why venture capital (VC) investing transforms economies and disrupts conventional investing as much as it disrupts industries. Whilst Sebastian […]

Feb 06 . 5 MIN READ
Consistent Compounders

How Volatile Funds Cost Investors Dear

High volatility in an equity portfolio creates zones of ‘excitement’ and ‘fear’ based on recent performance. This adversely affects the quality of decision making by equity investors. As a result, historically, investor returns in Indian equity funds have been lower than fund returns across different periods. Similarly, a recent example from the US – NYSE […]

Feb 01 . 6 MIN READ
Consistent Compounders

Early concepts of intimacy: Young humans use saliva sharing to infer close relationships

How babies and young children learn about the world around them has been a fertile and fascinating area of research into the human mind. In this remarkable piece of research, six American psychologists teamed up to discover a unique insight: “Young humans are remarkably helpless, relying entirely on the adult humans around them for survival. However, […]

Jan 30 . 2 MIN READ
Consistent Compounders

Horses to helicopters, moustache to libraries — Dalit pride in Rajasthan has new wings

At Marcellus, we remain keen observers of social change because far more the GDP growth or the prognostications of economists, social change is often the most telling indicator of lasting economic change. This piece in The Print is in that regard representative of how India is changing. Says Jyoti Yadav: “As media drones circled overhead, thousands […]

Jan 30 . 2 MIN READ

For more content on our strategy, visit the archives GO TO ARCHIVES

2025 © | All rights reserved.

Privacy Policy | Terms and Conditions