Weekend Bulletin - 3rd Aug'24 : Ed. 183
A compilation of few interesting, multi-disciplinary links from the internet
“Acting in excessive reliance on the fact that something ‘should happen’ can kill you when it doesn’t. That’s why I always remind people about the 6-foot-tall man who drowned crossing the stream that was 5 feet deep on average. You have to be able to get through the low points. And the success of your investment actions shouldn’t depend on normal outcomes prevailing; instead, you must allow for outliers.”—Howard Marks
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Section 1 - Investing & Personal Finance
Fill the Bathtub - by Ted Lamande [LINK]
Despite being awash in information, it seems harder than ever to uncover the truth. This is troubling because when people can’t find the truth, they don’t know where to turn. They don’t know how to respond. They don’t know where to look for guidance. As a result, they wander aimlessly searching for it. This is equally true for investing!
Section 2 - Economic Trends & Themes
Japan's one weird trick to reverse population collapse [LINK]
World over, dating apps are a big hit. But users are complaining about how expensive they have gotten and the matches they’re finding are poorer. Meanwhile, governments in countries like Japan and Australia are fretting about their low population replacement rates, Eliza Reiman points out on Business Insider.
Life in the shadow of deadly landslides [LINK]
The landslides in Wayanad district of Kerala are all over the headlines. If this loss of life and disaster isn’t enough, there are other such similar disasters claiming lives across other parts of the country, Tabassum Barnagarwala writes in Scroll.
Section 3 - Personality study & Development
How to Make Better Decisions with Second-Level Thinking [LINK]
First-level thinking often results in snapshot decisions. We just look at the information in front of us and other obvious indicators, and we make our choice. This is a perfectly natural reaction, but more often than not we don’t need to make decisions that quickly.
Section 4 - Business History & management
How MTR has stayed true to its Kannadiga core [LINK]
Over 17 years after its acquisition by Norwegian company Orkla, MTR has stayed true to its core—a Kannadiga brand rooted in local culture, cuisine, and revenue. As it steps into its centenary year, it has spiced up its broader appeal but remains a regional Goliath
Small shop in Kerala to Rs 51,000 crore behemoth [LINK]
Malabar Gold & Diamonds is India's largest jeweller by revenue, and sixth largest globally, with 213 showrooms in India and 140 globally. This article in Forbes by Manu Balchandran how the behemoth was created by MP Ahammed
Section 5 - Sports, literature & Entertainment
Ways of unseeing: The art of overanalysing art [LINK]
How Ranjit’s Hoskote’s essays on Gieve Patel reflect the pitfalls of visual arts in India. A kind of criticism dwells in the distance created between art and meaning. Why is the obvious so suspect? Why is the surface not nourishing enough? Pratyush asks some pertinent questions in this article.
Rohan Bopanna’s path to the Olympics [LINK]
Stories of people in sport are uplifting ones. Such as Rohan Bopanna’s. The cartilage in his knees are pretty much worn off and his career appeared over. How desperate Bopanna was, the brilliant Matthew Futterman describes in The New York Times. But then, there’s kismet (fate).
Sri Lanka's latest collapse a chef's kiss on their incompetence [LINK]
In the recent T20I bilateral series of India vs Sri Lanka, first after being crowned T20WC champions last month, we saw some bizzare collapses by SL batters. Nothing more fascinating than what happened in the third game where SKY and Rinku bowled the last two overs, picked up 4 wickets and match was tied. India eventually won in the super over quite comfortably. Andrew Fernando writes about the absurdity of the situation in this article in ESPNCricinfo.
June’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]
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