Weekend Bulletin - 24 Feb'23 : Ed. 126
A compilation of few interesting, multi-disciplinary links from the internet
“Whether prices are depressed or elevated, and whether prospective returns are therefore high or low, we have to find the best investments out there. Since we can’t change the market, if we want to participate, our only option is to select the best from the possibilities that exist.” —Howard Marks
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Section 1 - Investing & Personal Finance
Indians go West, take up ‘residence by investment’ [LINK]
Indians have always craved to go to the West. And now, the most recent data has it that they have the money to buy a passage to the West. And so they’re doing just that to live across the US and EU, Vijaita Singh reports in The Hindu.
Section 2 - Economic Trends & Themes
Social media used to be free. Not anymore [LINK]
This piece in Vox makes an important point about the blurring line between regular posts and advertisements in social media. The context is the launch of Meta Verified, which was probably inspired by Elon Musk’s push on Twitter Blue subscription for users. Both promise a wider reach of posts, among other benefits.
Why China is Recalibrating the Belt and Road Initiative [LINK]
China’s Belt and Road Initiative (BRI), one of the most ambitious projects in contemporary history, is floundering. “Chinese bankers are aware of these problems,” writes Vivek Kelkar on Into the Void.
Section 3 - Personality study & Development
Why your creativity matters? [LINK]
One of the most interesting podcasts we heard recently is a conversation with Elizabeth Gilbert on creativity. She makes the case that all humans are creative, but we place them in silos and that makes no sense.
Section 4 - Business History & management
How veiled queens, crafty bureaucrats and brilliant lawyers fought to control one of India’s most lavish estates. [LINK]
One of the most compelling pieces of history we read this week is a deeply researched account in FiftyTwo.in of how the estate of Bettiah, one of the most prosperous in India, went to ruin. The writer Ramya Boddupalli says that such stories of ruin are spread across India for centuries now. All one has to do is look for them.
Section 5 - Sports, literature & Entertainment
An Entire Ukrainian Village Spent a Harrowing Month in Captivity [LINK]
It is easy to forget Ukraine has been invaded and there are humans living in terrible conditions that we read about only in war novels. That is why Svitlana Oslavska’s account from a village called Yahidne reads like a jolt. It is an account of how an entire village was held in captivity for a month by the Russians. It gets grim and grimmer—until you want the agony to stop.
ChatGPT launches boom in AI-written e-books on Amazon [LINK]
It appears wannabe authors are deploying ChatGPT to author books. Greg Bensinger reports on Reuters that “There were over 200 e-books in Amazon’s Kindle store as of mid-February listing ChatGPT as an author or co-author, including ‘How to Write and Create Content Using ChatGPT,’ ‘The Power of Homework’ and poetry collection ‘Echoes of the Universe.’ And the number is rising daily. There is even a new sub-genre on Amazon: Books about using ChatGPT, written entirely by ChatGPT. But due to the nature of ChatGPT and many authors' failure to disclose they have used it, it is nearly impossible to get a full accounting of how many e-books may be written by AI
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That's it for me. Have a great weekend ahead!
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