Categories
Links

Weekend Mega Linkfest: 21 May, 2021

Some off beat reads for the weekend:

Did China get away with creating a Pandemic? (Brahma Chellaney)

The Palestinian Tragedy (Spiked)

Why Israel lost this war (TOI)

Why Netanyahu thinks America is stupid ( Marwan Bishara)

A Jewish case for Palestinian refugee return (Guardian)

Pakistan Parliamentarians want to nuke Israel ( Naila Inayat)

The plight of Pakistani fishermen ( Baffler)

The strange story of Dagobert (New Yorker)

The Western Media Double-Standard (Project Syndicate)

The Mob & the Crowd (Granta)

Rideshare Apps are a lifeline for Indian women (ROW)

Trekking: Kashmir Great Lakes ( Team BHP)

Aligarh’s French Connection (LHI)

The rags to riches story of Hyundai Founder (Chris Hladczuk)

Bill Gates will never be the same ( Vox)

Categories
FMCG

FMCG Vs Nifty

Source : Jefferies Research
Categories
Plug

Crypto Calling

We have started a Crypto WhatsApp Group to discuss investments in Digital Assets i.e. Crypto Currencies, NFTs etc.

Meant for folks who are deeply interested in Crypto and have already invested. Not meant for Crypto newbies, Crypto sceptics etc

Those interested in joining can email me with the following details:

-Name

-Phone No

-One Liner Introduction

-Crypto Background

For those interested,please email me at Alpha Ideas

Categories
Links

Linkfest: 21 May, 2021

Some stuff I am reading today morning:

Income Tax Filing dates for FY21 extended (FE)

Govt cuts subsidy on sugar exports (BS)

Gautam Adani is now Asia’s second richest person (Mint)

Thread on Solara Active Pharma (Vishnu Kapadia)

Is the party over for smallcaps? (Morningstar)

Startup: Jimmy’s Cocktails (BT)

Why Investing feels like Astrology (Moon Tower)

Decentralized Media (A VC)

The Optimal amount of hassle ( Morgan Housel)

Robinhood’s Big Gamble (New Yorker)

Categories
Telecom

Why Telecom is a Zero Sum Game

The core mobile business requires buying spectrum and installing cell phone towers and base stations. These are not businesses for the faint of heart, given the massive capital costs.

The payoff for this investment, though, is a competitive moat. The actual utilization of its infrastructure is effectively free on a marginal basis. Laying infrastructure is expensive, but using it is cheap.

That said, to the extent competition exists, it is quite brutal because it is zero sum; an AT&T customer is not Verizon customer is not a T-Mobile customer. The combination of scarcity in customers and zero marginal cost for incremental usage can lead to price wars.

-Stratechery