Consistent Compounders

The Recent Birth and Ongoing Decline of ‘The Office’

Across the world, technology is steadily reducing the relevance of ‘The Office’ for white collar workers. As demand for office space in big cities reduces and as work shifts in two directions: a) to ‘Work From Home’; and b) to white collar gig work, demand for residential and commercial space in Tier 2 cities will […]

May 18, 2026 . 8 MIN READ
Consistent Compounders

Short read: The Risk-Wealth Paradox: Why More Money Means You Should Take Less Risk

Nick Maggiulli writes this wonderful blog on personal finance using lots of data analytics. But this is a rare one that is less about data and more about the psychology of personal finance. He addresses a counter intuitive point about how as our wealth increases, our appetite for risk reduces. Shouldn’t we be able to […]

May 18, 2026 . 2 MIN READ
Consistent Compounders

Short read: Sir David Attenborough – 100 not out

This is one of those instances where we are fans of the author and the subject. The author is Deepak Jayaraman, a leadership coach and author of the lovely book ‘Play to Potential’(see here for our podcast with him on the book). The subject is the legendary Sir David Attenborough, the English natural historian and an Emmy award winner […]

May 18, 2026 . 4 MIN READ
Consistent Compounders

Short read: Coaching, Fees, And The Rising Cost Of Schooling In India

In our bestselling book, “Breakpoint: The Crisis of the Middle Class & The Future of Work”, we have an entire chapter dedicated to the rapidly rising cost of living in urban middle class life in India. By our estimate, cost of living is doubling every 8-9 years in India. Alongside the rapidly rising cost of […]

May 18, 2026 . 3 MIN READ
Consistent Compounders

Long read: The Mathematical Reason Most People Never “Make It”

In any given field, there are several of us who put in the hard yards. Yet only a handful get the desired outcomes. The rest of us just blame our luck and feel disheartened. Whilst luck does play a role in most outcomes, here’s a more positive way of looking at things. Kaguura Gichuru uses […]

May 18, 2026 . 4 MIN READ
Consistent Compounders

Long read: The life of Puja: How a young woman from rural Bengal became an internet star

Sitting in the United Kingdom, Charles Foster has nailed down a universal truth. In the Bengal countryside, a young village dweller in East Midnapore named Pujarani Pradhan is practicing living on the edge with great success. Her prowess in describing her middle class, rural life in Bengal has made her a social media celebrity whose […]

May 18, 2026 . 7 MIN READ
Consistent Compounders

Long read: Embrace the edge!

This essay from Charles Foster – a writer and a fellow of Exeter College, University of Oxford, a barrister, a part-time judge of the Crown Court, and a veterinary surgeon – is as illuminating as it is life-affirming. The essay helps those of us have spent our lives eschewing mainstream choices – in where we […]

May 18, 2026 . 6 MIN READ
Consistent Compounders

Foreign ESOPs: Valuable, Illiquid, Tax-Inefficient & Tricky

Summary: The quantum of ESOPs held by Indians in foreign companies is orders of magnitude larger than ESOPs held in desi companies. And yet, this is a mixed blessing because foreign ESOPs are illiquid, tax-inefficient and tricky to manage. Marcellus recommends 3 simple steps which can help Indians make the most of these stock options: (1) Move portfolio […]

May 14, 2026 . 8 MIN READ
Consistent Compounders

Short read: Why Your Best Ideas Aren’t Original

David Epstein, the author of the brilliant book Range which talked about why generalists are more likely to succeed, has published his new book – Inside the Box: How Constraints Make Us Better. This blog which is an adaptation from the book talks about why our best ideas don’t necessarily have to be original and why framing is the key to […]

May 11, 2026 . 4 MIN READ
Consistent Compounders

Short read: Remembering Raghu Rai: The photographer who showed India to itself

In the 1980s and 1990s, as many of us in Marcellus were trying to make sense of the country we lived in, we encountered Raghu Rai’s photographs. Each picture seemed to open a window for us into an India which we did not know and hadn’t encountered in our teenage lives. Mr Rai’s pictures of […]

May 11, 2026 . 2 MIN READ
Consistent Compounders

Short read: India has splurged billions on metro trains. But where are the commuters?

As we travel across India on business trips, we see airports and metro train networks in small cities. While the airports are welcome, they often seem to carry little traffic. Similarly, most of the metro trains we see in the smaller cities are empty and we ask our other colleagues in Marcellus whether cities like […]

May 11, 2026 . 3 MIN READ
Consistent Compounders

Long read: The world’s most complex machine

In a recent trip to China, we were stunned by the technological progress there to the extent they are world leaders already in most areas or soon catching up with the west in others. Yet, there is one technology that has been elusive for the Chinese to crack – Extreme UltraViolet (EUV) Lithography, a rare […]

May 11, 2026 . 6 MIN READ

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