Read, Learn, Improve - 30-Jul-16

The Questions That Matter - And the questions that don’t – Link here

This Bull Market Is Powered by Your Indifference – Link here

This much I know: Daniel Kahneman - The 78-year-old Nobel prize-winning psychologist on his pessimistic mother, the delusion of investment bankers and the need for irony - Link here

Dumb Alpha: Trailing or Forward Earnings? – Link here

Dollar Shave Club: How Michael Dubin Created A Massively Successful Company and Re-Defined CPG – Link here

Is 2016 the Worst Year in History? – Link here

Feudal trap: Why do Indians fear prostitutes and traders? – Link here

Satan’s Credit Card: What The Mark Of The Beast Taught Me About The Future Of Money – Link here

Is Active Management Dead? Not Even Close – Link here

Platform wars: the final score – Apple vs Google – Link here

Best-Paid CEOs Run Some of Worst-Performing Companies – Link here & Link here

Most of hardcore long term investor are familiar with concept of behavioural finance/science, this article “Set It and Forget It: How Default Settings Rule the World” – Link here - is in continuation of authors earlier article “Too Human (Not) to Fail” – Link here

Driverless Cars Threaten to Crash Insurers’ Earnings - Technology may be decades away, but firms are already scrambling to figure out how to deal with expected decline in premiums as autos become safer – Link here

(info graphic) How Jeff Bezos Built his Amazon Empire – Link here

I have been following Game Of Thrones, House of Cards and few other shows, I use to always wonder how they the whole process of making it works and here it is all explained in 3mins – Link here

Read,Learn,Improve – 23-Jul-16

As per investopedia Gillette has 70% global market share of shaving blades, taking advantage of its strong market hold it has been resorting to strong price hike (my mach 3 was priced at 25% higher compared to last year). I use to always think its opportunity for new player entrant, however it would take deep pocket to do so (marketing & branding) and hence we never so any new entrant. However now things seems to be changing – Unilever recently announced acquisition of Dollar shave – Link here and Link here

Remodeling India’s Investment Treaty Regime – Link here

What’s Next for Artificial Intelligence – Link here

The Diderot Effect: Why We Want Things We Don’t Need – Link here

Which Countries Have the Most Immigrants? – Link here

Indian e-commerce in 10 charts – Link here

Think Less, Think Better – Link here

The $1.3-Billion Defence Deal That India and Japan Don’t Want to Admit is struggling – Link here

We’ve Just Witnessed One of the Least Volatile Economic Recoveries on Record – Link here

A race to the bottom: Can roboadvisors build real businesses? – Link here

The Myth of the Millennial Entrepreneur – Link here

A Dozen Things I’ve Learned from Elon Musk About Business and Investing – Link here

My boss shares amazing one line quotes on daily basis and yesterday he sent us this - " There are three kinds of lies: lies, damned lies, and statistics” and if you remember the The Big Brexit crisis, it’s probably time to check facts that were shared by both Exit & Remain camp – Link here

Entertainment & Investment  – Rush is hollywood movie based on real life incidents/ rivalry between two Formula 1 race driver Niki lauda and James Hunt, go ahead and watch it - very intense and many learnings. There is one particular scene in the movie where Niki Lauda (World Chanpion) communicates his risk appetite clearly.  It’s raining very heavily and race track is as such dangerous with rain more so. If you don’t have time, watch scene here

Read, Learn, Improve - 16-Jul-16

There is new game in town called “Pokeman Go”, let’s just say it has taken pretty much whole developed nation by storm. To know why, simply understand it merges real world with virtual world. And this could probably be beginning of new revolution how we interact, socialize & entertain ourselves. Read more about it here - Pokémon Go isn’t a fad. It’s a beginning – Link here . People take drugs to escape reality of the world, could this or Virtual Reality Headset be an alternative?

My Crazy thought - Mind works in weird way and I had this absolutely crazy thought on why we gone need Virtual Reality Headset (Oculus rift, HTC Vive etc). For that matter many analyst, fund manager, investor, press everybody was surprised when Facebook announced to acquire Oculus rift. First let me be clear, I haven’t used it. However going by online review Link here , Link here, quality of oculus rift is very good – Link here, there are few problems which I think we may be able to solve it. However I think one of the interesting use I could think of was watching live sports /events – post bomb blast in turkey, attacks at various  part in EU, some people might be sacred to go out in public worrying terrorist might target it. Hence what if we can transmit live sport/event to a VR headset and give people experience of live sport in their living room. Just a thought.

The Harshad Mehta case: Where time has overtaken justice by a mile – Link here

Dan Ariely on the Power of Irrational Thinking – Link here

Nettie Stevens discovered XY sex chromosomes. She didn't get credit because she had two X’s. – Link here

Entertain Yourself (The bleak truth about how we spend our time) – Link here

A shopper’s manifesto: These three simple questions are the key to quitting fast fashion – Link here

Rural migrants aren’t the reason why India’s major cities are overcrowded, the apathetic government is – Link here

Why are we still waiting for the male pill? - Despite decades of promising research, the many men who want their own contraceptive pill still have nothing. One of them, Andy Extance, looks at the obstacles – practical, political, economic – and meets the people hoping to make male birth control a reality. – Link here

The World’s Most Powerful Stock Pickers Don’t Manage a Penny – Link here

The Laws of Capitalism are Being Rewritten – Link here

Meet the robots changing modern farming: Prospero, Aquarius and SW 6010 – Link here

Take a Simple Idea and Take It Seriously - When basic beats flashy – Link here

A Dozen Entries from the Venture Capital Devil’s Dictionary – Link here

Prince Oberyn Martell Vs Gregor Clegane in trial by combat- if you have been following Game of Thrones (GoT) that probably bough flashes of heart wrenching fight scenes. In case you haven’t seen GoT, I suggest you give it a try. Just remember in case if you get addicted there are 6 season ahead to finish, so consider yourself warned before beginning. Trial by combat is method where justice is served through fight, many of us know GoT is purely fictional, however many of plots are inspired by true events. Like Trial by combat read on - A Brief History of Trial by Combat – Link here to know more.

Credit Summit 2016, July 26, Mumbai – Agenda - complimentary invite - Register now Link here

 

Read,Learn,Improve – 2-Jul-16

The strange story of a fertility drug made with the Pope’s blessing and gallons of nun urine – Link here

4 Important Lessons You Can Learn Now That 3D Printing is Dying – Link here

The secret of taste: why we like what we like - How does a song we dislike at first hearing become a favourite? And when we try to look different, how come we end up looking like everyone else? – Link here

Chatbot lawyer overturns 160,000 parking tickets in London and New York – Link here

How Amazon Triggered a Robot Arms Race – Link here

ISRO launched 59 Indian & 74 Foreign Satellites in the last 20 years – Link here

Be More Successful: New Harvard Research Reveals A Fun Way To Do It – Link here

Government employees earn (much) more than private sector ones – but only at the entry-level – Link here

Slavery as free trade - The 18th-century thinkers behind laissez-faire economics saw slavery as a great example of global free trade – Link here

(Infographics) How Machines Destroy and Create Jobs – Link here

3 Ways to Make Money in the Markets – Link here

How do you make the Olympics pay? Fudge the figures – Link here

The Perilous Task of Forecasting - Wharton’s Philip Tetlock on how forecasters can do better – Link here

Can Netflix survive in the new world it created – Link here

Henry Kravis Q&A: ‘Worry About What You Might Lose on the Downside’ – Link here

(Light fun read) Here's What Financial Pundits Mean When They Say...- Link here