What are your reading goals in 2023? Here are the books we read and liked in the last 12 months, and the ones we shared thorough our Marcellus Book of the Month recos. What did you read and like in 2022 and recommend we should read too?
🧵 👇
#MarcellusBOTM
#Reading #books Jan: "Zero to One" by Peter Thiel

Read it today if you haven't already. The book gives a fresh perspective on building a successful business. We ourselves have sought inspiration from the book in starting and building Marcellus.

https://twitter.com/MarcellusInvest/status/1478569728696217600

Tamal Bandyopadhyay’s ‘Pandemonium: The Great Indian Banking Tragedy’ is our Marcellus Book of the Month. The book discusses the recent evolution of Indian banking, esp misses in governance & regulatory frameworks & what issues eventually led to a ‘tragedy’

(1/11)
#MarcellusBOTM The book beautifully captures complex issues in Indian banking, like the Asset Quality Review (AQR), inherent problems with PSBs, serious fraud cases, etc. The book weaves through insights from the viewpoint of the regulator, bankers, economists & industry veterans

(2/11)

Continuing our book recos on how companies can build competitive advantages for the digital age, this time around our Marcellus Book of the Month is ‘Rethinking Competitive Advantage: New Rules for the Digital Age’ by Ram Charan & Geri Willigan.

#MarcellusBOTM

(1/) Competitive advantages have been traditionally built around controlled distribution channels, hard assets at scale, on established brands or patents. These are being challenged by new age companies. What are the new rules of the game that traditional companies must adopt?

(2/)

If you are investing (or are planning to) in consumer tech companies you must read Jonathan Knee’s “The Platform Delusion”, our Marcellus Book of the Month. The book questions the moats of FAANG stocks, arguing that they are far weaker than commonly accepted

#MarcellusBOTM
(1/8) You might disagree with some of the arguments made in the book, but its core proposition has been convincingly made with detailed research. It debunks some of the basic drivers of competitive advantage for consumer tech businesses that many have come to assume for granted.

(2/8)

India’s booming start-up ecosystem birthed over 40 unicorns in 2021! Its thus a good time to revisit Peter Thiel’s ‘Zero to One’, which is our Marcellus Book of the Month. We ourselves have sought inspiration from the book in starting and building Marcellus.
#MarcellusBOTM

(1/7) The book gives a fresh perspective on building a successful business. For this, companies must invest in the difficult task of creating new things (0 to 1) rather than trying to achieve just incremental progress or improvement on things already being done (1 to n).

(2/7)

Marcellus's #3Longs3Shorts this week: An interview with Ravi Ashwin, the age of 'techno-politics' and why Peter Thiel is such an influential thinker are amongst our 6 curated picks to read this week.

If you like what you read, subscribe on marcellus.in LR1: R Ashwin: ‘I’ve always been good at assessing batsmen, but now I think I’ve taken it to another level | Sidharth Monga interviews R Ashvin | Cricinfo

This is Ashwin’s best interview, in our view.

bit.ly/3G36Ux6

Here are the books we read, and in many cases reread in 2021. These were featured in Marcellus Book of the Month, a series we started in March this year.

Which ones did you read too and liked the most? Please let us know!

#MarcellusBOTM

Thread 👇 March '21: ‘Capital Returns’, a collection of reports written by analysts at Marathon Asset Management

A must-read for all - the book explores the The Capital Cycle approach to investing and much more

https://twitter.com/MarcellusInvest/status/1368468806616584194

How does a smart company achieve dominance in its business? A short thread 👇🏼 Attack a challenging aspect of the sector: Eg. India is a vast country riddled with poor infra, diverse socio-economic demographics and non-uniform demand patterns which makes it challenging to build large B2C business (2/7)