Weekend readings - 17 Dec, 2021 : Edition 71
A compilation of few interesting, multi-disciplinary links from the internet
“If you ask yourself why you are in business and can find no answer other than "I want to make money," you will save money by getting out of business and going to work for someone, for you are in business without sufficient reason. A business which exists without a reason is due for an early death. The single reason for the existence of any business must be that it supplies a human need or want, and, if my experience is worth anything, a business which has this reason for its existence will be bound in the end to prosper if thought be put into it. Thought, not money, is the real business capital, and if you know absolutely that what you are doing is right, then you are bound to accomplish it in due season.” —Harvey Firestone (“Men and Rubber: The Story of Business”)
Section 1 - Investing & Personal Finance
Everyone is a loser in a stock market bubble [LINK]
Busting Your Hindsight Bias - by Jason Zweig (LINK)
Section 2 - Economic Trends & Themes
The escalating costs of being single in US [LINK]
The Great Bifurcation - by Ben Thompson [LINK]
Investors unprepared for carbon crunch - by Edward Chancellor [LINK]
Section 3 - Personality study & Development
The Point Is to Stop - by Mark Manson (LINK)
Second Act Podcast - Importance of Self-discovery by Swanand Kelkar [LINK]
Section 4 - Business History & management
Thread on Bihar and Koshi floods [LINK]
First interview by CNBC with Raj Rajaratnam post prison release [LINK]
Section 5 - Reading & Entertainment
Fascinating story of Miss Excel [LINK]
Check out our Portfolios on the Smallcase platform and Moneycontrol.
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Now watching : RRR trailer | SS Rajamouli
That's it for me. Have a great weekend ahead!
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