Payments technology has been on a steady march for the last couple of decades. The introduction of smart phones and the development of new payments infrastructure has increasingly blurred the boundaries between offline and online payments. Credit and debit cards…

Adam Smith famously said – “It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own self-interest.” What was left unsaid was that the baker…

A magician asks you to pick a card from a deck of playing cards, and not show it to anyone. Let’s say in this case the card you pick is the seven of diamonds. He then asks you to write…

As buy-side professionals, we spend a lot of time looking at charts. Every results season, any diligent investor ends up browsing through presentations of at least a hundred companies. Assume, 10 charts per presentation, and we get to 4,000 charts…