Weekend Bulletin - 3 Mar'23 : Ed. 127

A compilation of few interesting, multi-disciplinary links from the internet

“Warren and I don’t focus on the froth of the market. We seek out good long-term investments and stubbornly hold them for a long time.” —Charlie Munger

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Section 1 - Investing & Personal Finance

Good ideas can’t be scheduled [LINK]

There’s a method to madness, is a line we’ve heard often. But we don't know much about what exactly is the method to the madness that creates good ideas, argues Morgan Housel in his post on Collabfund.

Section 2 - Economic Trends & Themes

Adityanath has picked up Modi playscript [LINK]

The chief minister of Uttar Pradesh, Yogi Adityanath, has launched an advertising blitzkrieg to showcase the state as a prime investment destination. He has committed that in five years, the state will have a GDP of $1 trillion. But how is that even possible, asks MK Venu in The Wire. To make his point, he has a series of questions.

Section 3 - Personality study & Development

One billionaire at a time [LINK]

What if your money runs into the billions and you don’t feel quite right? Sophie Elhmirst investigates just this in The Guardian, based on a visit to a Swiss clinic—one of the exclusive preserves of the rich. Her conversation begins with Jan Gerber, chief executive of Paracelsus Recovery.

Who’s in charge around here? [LINK]

In his most recent newsletter, the writer Oliver Burkeman begins by quoting the psychotherapist Stephen Cope. At a certain age it finally dawns on us that, shockingly, no one really cares what we’re doing with our life. This is a most unsettling discovery to those of us who have lived someone else’s dream and eschewed our own: no one really cares except us.

Section 4 - Business History & management

China’s looming demographic disaster [LINK]

​China’s efforts to increase fertility have so far been deeply unsuccessful. This should not be surprising — if ultra-low fertility is not the product of official policy, changes in that policy are not likely to have much effect on it. 

Section 5 - Sports, literature & Entertainment

Impact of celebrity marriages on average Indians [LINK]

As Daniel Kahneman writes in Thinking, Fast and Slow: “Luck plays a large role in every story of success; it is almost always easy to identify a small change in the story that would have turned a remarkable achievement into a mediocre outcome.”

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For more recommendations every weekend, follow #FCOTTReco and #FCBookReco on our Twitter page here. Check out last week recos - American Factory & Iron Empires.

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That's it for me. Have a great weekend ahead!

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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