Weekend Bulletin - 14th June'24 : Ed. 177
A compilation of few interesting, multi-disciplinary links from the internet
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May’24 review of our equity research strategy- Special Situation & Wealth Compounders [We have initiated 2 new stock positions in FC WC and 1 position in FC SS so far in the month of June. Visit www.fintrekkcapital.com for more details]
Section 1 - Investing & Personal Finance
Commencement address by Roger Federer at Dartmouth [LINK]
To the people of my generation, Steve Jobs stanford 2005 speech was the gold standard. I think time has come to replace it with Roger Federer Dartmouth speech now. Lots and lots of nuggets for Investing and behavioural finance.
Section 2 - Economic Trends & Themes
China’s economy is stumbling but not about to fall [LINK]
A recent story in Big Think discusses the current state of China's economy, particularly in light of the ongoing housing crisis precipitated by real estate giant Evergrande Group's default. While many journalists speculate that China is headed for economic disaster, economists Dan Rosen and Nicholas Lardy believe the country can resolve the crisis, though they differ on the sacrifices required.
How forecasts of bad weather can drive up your grocery bill [LINK]
A story in Grist examines the growing link between isolated climate shocks, such as extreme weather events, and disruptions to food supply chains that ultimately lead to higher consumer grocery prices. While droughts or floods impacting agricultural production might seem to logically lead to price increases, economists are finding that sometimes even just the forecast of extreme weather can prompt food manufacturers to raise prices preemptively.
How battery-swap networks are preventing emergency blackouts [LINK]
MIT Technology Review points to an interesting benefit of battery-swapping stations, which are common in some countries such as Taiwan. It says they can help electric grids by reducing demand during emergencies and providing power when needed. By strategically charging batteries during low-demand periods and feeding electricity back to the grid during peak times, these stations contribute to grid stability and resilience.
Section 3 - Personality study & Development
4 signs your body is telling you it’s time to take a break [LINK]
Most of us feel stressed, but inevitably fail to notice it and end up not taking a break. But breaks are essential, writes Angela Haupt in Time magazine. But how do we know it’s time to take a break?
Time for half-year resolutions? [LINK]
It’s the middle of the year. Chances are, most people’s resolutions made at the start of the year would have fizzled out. Why? And those who are still at it may perhaps be struggling with staying at it. Time then to pause for a mid-year review. How do we go about it? Michael Inzlicht of the University of Toronto is an expert on the theme and he was interviewed by Knowable Magazine. There are compelling insights.
Section 4 - Business History & management
Why is Nvidia boss the 'Taylor Swift of tech'? [LINK]
BBC has an interesting and short profile of Jensen Huang, CEO of Nvidia, whose market cap has overtaken Apple’s, and turned Huang into a celebrity across the world, especially Taiwan.
The first social media babies are now adults [LINK]
Cam Barett was a baby when social media was in its infancy. Her mother documented all of her moves and posted it online. Call her mother stupid if you will, or naive. Be that as it may, Faith Karimi writes on CNN how the baby is now an adult and all the documentation is haunting the grown up.
The toll of rising temperatures on women [LINK]
What most of us are aware of is the weather is getting unpredictable and heat waves are increasing. India is among the countries that has borne the brunt of it. What has been largely ignored though is that women are suffering more. Liz Maria Kuriakose, a researcher at JNU, writes on why in The Wire.
Section 5 - Sports, literature & Entertainment
Same-sex marriages in 20yrs had no negative effects [LINK]
While most of us have come around to accept same-sex marriages, if asked for a perspective for the long-term outcomes of such relationships in society, answers appear fuzzy. This is why a report on Axios got our attention.
Michael Richards is more than the worst thing that happened to him [LINK]
Most English-language television viewers grew up hooked to Seinfeld and one of its stars, Michael Richards. Everything seemed to be going for him. Then he made a racist comment back in 2006 and from then on it was all downhill. Just how did this happen? Chris Vogner documents the narrative in The Los Angeles Times.
That's it for me. Have a great weekend ahead!
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Disclaimer:
The content of this newsletter is not an offer to sell or the solicitation of an offer to buy any security in any jurisdiction. The content is distributed for informational purposes only and should not be construed as investment advice or a recommendation to sell or buy any security or other investment, or undertake any investment strategy. There are no warranties, expressed or implied, as to the accuracy, completeness, or results obtained from any information set forth on this newsletter unless mentioned explicitly. The writer may have positions in and may, from time to time, make purchases or sales of the securities or other investments discussed or evaluated on this newsletter