Published on 09 May, 2021
The fight to save India’s most elusive cat
Crazy as it sounds but even today in a country inhabited by 1.4 billion people, there are some wild animals in India...
May 2021
- Week 2
- Week 1
Long Read
Published on 09 May, 2021
‘The Pandemic Is a Prisoner’s Dilemma Game’
This is a slightly dated article from December 2020 when the vaccination drive across the world had just about started...
Published on 09 May, 2021
Charlie Munger: 2021 Daily Journal Annual Meeting Tr...
Charlie Munger is, amongst other things, the Chairman of the Daily Journal and in this capacity he presides over its...
Short Read
Published on 09 May, 2021
Why we can’t outsource social change to advertisers
Often our celebrities whether movie stars or sportsmen are accused of being silent if not indifferent on social issues...
Published on 09 May, 2021
The Grim Secret of Nordic Happiness
This year’s Oscar for the Best International Feature Film went to a Danish movie called ‘Another Round’ (with a...
Published on 09 May, 2021
The elusive search for goat number 3
Some concepts of investing may sound cliched but remain timelessly effective and hence need to be reiterated and...
Short Read
Published on 02 May, 2021
The Golden Age of Fraud is Upon Us
As the world’s largest economy enters a purple patch in terms of economic growth, corporate profits and financial...
Published on 02 May, 2021
Flu Has Disappeared Wordlwide during the COVID Pandmic
Whilst the Covid pandemic rages on, data shows that the incidences of the common flu or influenza have dropped...
Published on 02 May, 2021
Smells like team spirit: Getting ‘art’ out of artifi...
In this piece for The Mint, Jaspreet Bindra invokes ‘the 27 club’ referring to a whole class of great musicians who...
Long Read
Published on 02 May, 2021
In Praise of Bitcoin
Many of us who prefer to look at things from a fundamental perspective have been natural skeptics of Bitcoin or...
Published on 02 May, 2021
There’s a Name for the Blah You’re Feeling: It’s Cal...
Have you felt mentally fatigued as India has battled with the monster second wave of Covid? Are you struggling to find...
Published on 02 May, 2021
Increasing returns and the new world of business
This piece was published in HBR 25 years ago and was referenced in Howards Marks’ famous January 2021 memo (where he...
Apr 2021
- Week 4
- Week 3
- Week 2
- Week 1
Short Read
Published on 25 Apr, 2021
Why we’re replacing ‘batsman’ with...
For many of us cricket fans, ESPNcricinfo is right up there among bookmarks on our browser. Whether it is to catch a...
Published on 25 Apr, 2021
India’s Mini-Craze for Bicycling Around the World
Travelling the world to see and appreciate the myriad different experiences, cultures, vistas our planet has to offer...
Published on 25 Apr, 2021
Why GM crops are good for you
Genetically Modified or GM crops have faced significant opposition from farmers and activists alike. In this piece,...
Long Read
Published on 25 Apr, 2021
The Rage of Carson Block
The Reddit-Gamestop saga earlier this year reminded us how short sellers are often frowned upon as if they were up to...
Published on 25 Apr, 2021
Don’t pick up! The rise and fall of a massive indust...
Every week we get inquiries from our clients as to why we don’t set up a tech fund or invest in more tech stocks....
Published on 25 Apr, 2021
Interview: ‘Remdesivir doesn’t save lives – but desp...
Fear and panic trigger irrational behaviour. Truth be told those of us who earn a living in the financial markets...
Short Read
Published on 18 Apr, 2021
Napping in the afternoon can improve memory and aler...
It is a tradition in many societies to have an afternoon nap, most popularised by the Spanish Siesta. Psychology...
Published on 18 Apr, 2021
The rice of the sea: how a tiny grain could change t...
Experts have been warning about an impending food crisis globally as food production struggles to catch up with...
Published on 18 Apr, 2021
The cross-border pitfalls of ‘working from anywhere’
Whilst ‘Work From Home’ has presented to workers and employers alike both benefits and challenges, many of which...
Long Read
Published on 18 Apr, 2021
How People Get Rich Now
Growing wealth inequality is a commonly accepted social issue that is plaguing the world. Some ascribe that to poor...
Published on 18 Apr, 2021
Why animals don’t get lost
The New Yorker is where Pullitzer Prize winning writers like Ms Schulz congregate to bring to you the world’s best...
Published on 18 Apr, 2021
Columbia University students interview John Huber of...
We found this interview with an American fund manager, John Huber, in a newsletter published by the students of...
Short Read
Published on 11 Apr, 2021
Why Indian corporates need to start investing in aut...
The 3L&3S has in the past featured pieces on the importance of diversity in teams at the workplace not just from an...
Published on 11 Apr, 2021
Bernsten: Free Trading Is Like Giving Chainsaws To T...
We would highly recommend the Morningstar’s podcast on personal finance and investing – The Long View which...
Published on 11 Apr, 2021
The Big Lessons of the Last Year
In yet another lucid piece, this time on what should we make of our experiences, Morgan Housel shows how we often draw...
Long Read
Published on 11 Apr, 2021
India’s bankruptcy resolution professionals are unde...
An important aspect of Marcellus’ investment philosophy is avoiding companies with dodgy accounting and we see...
Published on 11 Apr, 2021
Here’s 10,000 Hours. Don’t Spend It All in One Place.
Inspired by David Epstein’s outstanding book “Range: Why Generalists Triumph in in a Specialized World”, last...
Published on 11 Apr, 2021
The spectacular implosion of Neil Woodford, Britain’...
Around twenty years ago when some of us in Marcellus were young brokers in the stockmarket in London, a visit to...
Short Read
Published on 04 Apr, 2021
Be More Realistic About the Time You Have
There’s plenty of self-help material on productivity hacks and how to make the most of our time. Despite everything,...
Published on 04 Apr, 2021
How one of world’s greatest hidden fortunes wa...
Whilst the markets have been concerned about inflationary risks and therefore interest rate increases stalling the...
Published on 04 Apr, 2021
Are You Dreaming Too Big?
Setting ourselves goals to pursue, whether personal or professional, helps give direction to our efforts. But not all...
Long Read
Published on 04 Apr, 2021
5 things you should know about variants
Sample studies of the recent covid surge in India points to several variants of the virus including a localised double...
Published on 04 Apr, 2021
“Play Bigger: The How and Why of Category Design” – ...
“Play Bigger” is both the name of a book published five years ago and the name of a consultancy firm in Silicon...
Published on 04 Apr, 2021
Transforming for Growth: An Evidence-Based Guide
In the aftermath of Covid-19 we have been pleasantly surprised to see that most of our investee companies have...
Mar 2021
- Week 4
- Week 3
- Week 2
- Week 1
Short Read
Published on 28 Mar, 2021
The pandemic has changed the shape of global happiness
An interesting study shows how Covid has affected happiness levels across the globe and across age groups. The...
Published on 28 Mar, 2021
Why a Canal Built in 1869 is More Important Than Ever
The 3L&3S has been featuring pieces about the bottlenecks in global trade caused by container shortages amongst...
Published on 28 Mar, 2021
A high growth plan for Indian agriculture
Several of us in Marcellus have known Ashok Gulati for the best part of the last ten years and whilst none of us are...
Long Read
Published on 28 Mar, 2021
Why bands are disappearing: ‘Young people aren...
In their book The Victory Project, my colleague Saurabh Mukherjea and his co-author Anupam Gupta talk about the...
Published on 28 Mar, 2021
How to be a genius
Craig Wright is a professor at Yale where he teaches a course on “genius” (in the competitive job market these...
Published on 28 Mar, 2021
Too Much, Too Soon, Too Fast
Morgan Housel is on a roll. This is the second consecutive week we are featuring his piece in 3L&3S. This one is a...
Short Read
Published on 21 Mar, 2021
Crawling on campus
Most of us prefer to live our private lives quietly. Some of those who get celebrated for their achievements still...
Published on 21 Mar, 2021
Covid-19 cases are rising again in much of the world
Just when the vaccination drive and the fall in caseload was reassuring us that we may have put the worst of Covid...
Published on 21 Mar, 2021
The heroic employee who stood up to a workplace bull...
We celebrate our heroes, often the glamorous ones celebrated by the world at large. However, there are our everyday...
Long Read
Published on 21 Mar, 2021
How to Balance Hard Work and Pleasure for Happiness
There’s plenty being written these days to cater to our need for an informed pursuit of happiness. As the author of...
Published on 21 Mar, 2021
RBI Bulletin: State of the economy
More than actions, they say, a central bank’s communication has a greater impact on the markets. And every now and...
Published on 21 Mar, 2021
Investing: The Greatest Show On Earth
In this essay Morgan Housel uses two interesting analogies to illustrate that investing is a far more evolved, more...
Short Read
Published on 14 Mar, 2021
The day the growth trade topped
Here’s another piece from the Ritholtz stable, this time from the CEO Joshua Brown, who picks on from where Ben...
Published on 14 Mar, 2021
Some of the adult raja betas and rani bityas of the ...
Recent protests on social and political issues in India have featured many young Indians from well-to-do families. In...
Published on 14 Mar, 2021
Auto companies break gender barriers, hire more wome...
Over the past few years, many of the CEOs of the companies we have invested in have made it clear that they prefer to...
Long Read
Published on 14 Mar, 2021
How to be angry
The title might be a bit misleading. The piece still largely talks about how not to be angry by providing us an...
Published on 14 Mar, 2021
‘I’ve never seen anything like this’: Chaos strikes ...
Over the past six months we have heard several of our clients who run export-import dependent businesses in India...
Published on 14 Mar, 2021
The rich vs the very, very rich: the Wentworth golf ...
Samanth Subramanian has emerged as one of the best young, non-fiction writers of our era. He can take any subject –...
Short Read
Published on 07 Mar, 2021
The Man who Abandoned Value
With the rate at which growth stocks are falling, this article might be past its expiry date. But this is a story of an...
Published on 07 Mar, 2021
How to Stop Overthinking Everything
We all end up making myriad decisions in our daily lives, be it our workplace or matters related to family or home. At...
Published on 07 Mar, 2021
How Does the Stock Market Perform When Interest Rate...
Over the past couple of weeks, the markets globally have been volatile on the back of rising interest rates. Whilst...
Long Read
Published on 07 Mar, 2021
How to have better arguments online
It is perplexing how conversations on social media tend to be a lot more vitriolic than those we experience offline...
Published on 07 Mar, 2021
Fraud and Deception Detection: Text-Based Analysis
Many of us in Marcellus are fans of Jason Voss’ book, “The Intuitive Investor” which explains how meditation...
Published on 07 Mar, 2021
Nodeep Kaur: The jailed activist Meena Harris tweete...
One of the most interesting features of challenges to the established order in India is that these challenges are...
Feb 2021
- Week 4
- Week 3
- Week 2
- Week 1
Short Read
Published on 28 Feb, 2021
The Benefits of Moderate Exercise
Recent years have advocated vigorous physical activity with sufficient recovery periods, such as the High Intensity...
Published on 28 Feb, 2021
Why Cathie Wood is the fund manager of the moment
At Marcellus, we are wary of the size problem in fund management – fund managers after a string of good performances...
Published on 28 Feb, 2021
Why Making Our Brains Noisier Feels Good
There is no doubt growing awareness of mental health issues, accentuated by the onset of the pandemic. As a result, the...
Long Read
Published on 28 Feb, 2021
Why Does the Pandemic Seem to Be Hitting Some Countr...
A recent spike in cases in India notwithstanding, the pandemic’s impact in certain countries such as India has...
Published on 28 Feb, 2021
Priya Ramani – Wikipedia page and the MJ Akbar judge...
Unless you have been in outer space for the past three years, you would have heard about Priya Ramani’s long running...
Published on 28 Feb, 2021
The Road by the Sea
Mumbai is in the midst of an epic infrastructure build with six metro lines being built simultaneously alongside new...
Short Read
Published on 21 Feb, 2021
What happened after a boxer, a revolutionary, a sing...
Earlier this month, several Indian celebrities were criticised for tweeting what seemed like paraphrased messages...
Published on 21 Feb, 2021
Why Immigration Drives Innovation
Research is increasingly demonstrating the benefits of diversity within a team or an organisation, particularly when it...
Published on 21 Feb, 2021
The Science of Reasoning With Unreasonable People
Most of us would have had bitter experiences debating sensitive social and political issues with our friends only to...
Long Read
Published on 21 Feb, 2021
Podcast with Nir Eyal: Mastering Indistraction
The Social Dilemma, a docudrama on Netflix, stirred many a mind on the perils of social media and cellphone addiction...
Published on 21 Feb, 2021
Running From the Pain
This is an interesting case study about how the financial incentives that doctors across the world face has a major...
Published on 21 Feb, 2021
How CMC Vellore Dealt With Shifting Evidence During ...
Independent thought in any profession is hard to build and even harder to sustain especially in a world where social...
Short Read
Published on 14 Feb, 2021
Is there a perfect way to stretch?
Most of us during our school and college days were taught that before you do strenuous exercise, you need to stretch....
Published on 14 Feb, 2021
Don’t Underestimate the Power of a Walk
If you are missing out on your running because your knees are giving way or you are missing out on your tennis game...
Published on 14 Feb, 2021
Interview with Howard Marks: The Biggest Risk Is Ris...
After his remarkable memo last month about the blurring lines between value and growth investing, the legendary...
Long Read
Published on 14 Feb, 2021
The Battery Is Ready to Power the World
The other long read about Elon Musk we feature this week is about the very source of his fortune – batteries that...
Published on 14 Feb, 2021
The Rise and Fall of Bitcoin Billionaire Arthur Hayes
This week we feature two long reads featuring the world’s wealthiest man – Elon Musk. The first has to be something...
Published on 14 Feb, 2021
Will Robinhood Become the Facebook of Finance?
At the beginning (i.e. around a 10-15 years ago), it was institutional investors who realised that they were no longer...
Short Read
Published on 07 Feb, 2021
The Mystery Of India’s Plummeting COVID-19 Cases
As the developed world reels under second and third waves of Covid infections, India’s case count continues to...
Published on 07 Feb, 2021
Superstar Cities Are in Trouble
We have all known people who have decided to move out of big cities for good during pandemic to smaller, quainter towns...
Published on 07 Feb, 2021
The Master and the Fool
Tim Ferriss is best known for his concept of ‘The 4-Hour Workweek’ (and also published book by the same name). His...
Long Read
Published on 07 Feb, 2021
As birth rates fall, animals prowl in our abandoned ...
Several countries around the world are seeing their populations shrink as families choose to have less than 2.1...
Published on 07 Feb, 2021
Jane Street – the top Wall Street firm ‘no one’s hea...
Jane Street is a firm that few of us have heard about. However, this little known firm now plays a critical role in the...
Published on 07 Feb, 2021
Inside the mind of Jeff Bezos
Earlier this week, Jeff Bezos announced that he will no longer be the CEO of Amazon handing over the baton to one of...