Read, Learn, Improve - 15-Oct-16

Liquid assets: how the business of bottled water went mad - How did a substance that falls from the air, springs from the earth and comes out of your tap become a hyperactive multibillion-dollar business? – Link here

The science (and business) of sleep – Link here

We’re getting closer to clothing made entirely by robots – Link here

Your Next Friend Could Be a Robot – Link here

The Most Complicated Simple Problems – Link here

American cows have been bred into milk machines, and it’s backfiring on farmers – Link here

China’s Days of Exporting Deflation May Be Drawing to a Close – Link here

Netflix or Hulu won’t win the streaming wars. Your cable company will – Link here

America’s Dazzling Tech Boom Has a Downside: Not Enough Jobs – Link here

27 charts that will change how you think about the American economy – Link here

Uber Slayer: How China’s Didi Beat the Ride-Hailing Superpower – Link here

The oldest human lived to 122. Why no person will likely break her record - Even with better medicine, living past 120 years will be extremely unlikely – Link here

Read,Learn, Improve – 8-Oct-16

Short Basic Automakers, Long Luxury/SportsCar markers from 10-20years view  - People buy car for two basic purpose one for travel and second to indicate status and this is clearly visible by two type of car maker – Basic efficient ones - Toyota, Suzuki, Ford, GM, etc and Status - Luxury, Sports,etc  – BMW, Audi, Porsche, Ferrari, McLaren etc. Now once cars become automatic/driverless, I wonder how many people would buy car for its looks and driving pleasure, huge mass would shift to driverless cars (in case you wondering why we would shift to driverless car, we would be more happy to chat with our friends or read or entertain ourselves or as they call it stay glued to our mobile screen – snapchat, facebook, twitter, etc) while we are traveling in car. Most probably I think most of the population would cease owning a car when it would be easily available at push of the button, hence there would very few people actually buying car and those would be buying self drive (opposite of driverless cars) – I believe this would be pure luxury & sports car aficionados or connoisseurs. Read “More Evidence Cars Will Never Be Sexy Again – Link here “ to get idea where my views are coming from.

Ride-hailing apps are creating an inefficient and unfair transit system – Link here

The Absolute Return Letter - The New Normal, Mk. II – Link here . One of the interesting points raised is how we calculate GDP. Not counting contribution of housewife has been one of the age old criticisms of how we calculate GDP. However if you observe closely new economy has to offer lot of things for free and doesn’t get captured in our GDP calculation. Case in point Google Map, we don’t pay for it (although technically we share our info, so we are selling our personal habits & life) but it helps lots of us.

Shiller’s Powerful Market Indicator Is Sending a False Signal About Stocks This Time – Link here

Cut-throat competition is slashing offshore wind costs to unthinkable levels – Link here

If War Can Have Ethics, Wall Street Can, Too – Link here

Out of Prison, Out of Work – Link here

Why the next 20 years will see a lot less technological disruption than the past 20 – Link here

Why thousands of millionaires don’t pay federal income taxes – Link here

In the age of the algorithm, the human gatekeeper is back - The rise of algorithms has been relentless, but we need human input in our world of technological innovations – Link here

A Dozen Things You can Learn by Reading “The Success Equation” by Michael Mauboussin – Link here

10,000 years of smart beta data – Link here

Oil Discoveries at 70-Year Low Signal Supply Shortfall Ahead – Link here

These Technologies May Actually Deliver Elon Musk’s Dream of Changing the World – Link here

Panasonic reveals bendable battery at Ceatec – Link here

Read,Learn,Improve-1-Oct-16

Practicing a “Punch Card” Approach to Investing – Linkhere

Tamal Bandyopadhyay is one of the finest business journalists when it comes to banks and financial institutions. Last year I read his book “Sahara: The Untold Story” and would recommend you to do the so too. Currently I am midst of his another book “A Bank for the Buck” based on HDFC bank, again very insightful and goes through history of the bank. He recently wrote interesting piece called - How corrupt are our bankers? – Linkhere – makes for an interesting read.

SEBI Finally Cracks down on NSE’s Suspect Algo Trading. What does it mean? – Link here

10 Commandments of Financial Modeling – Linkhere

Hot Mess: How Goldman Sachs Lost $1.2 Billion of Libya’s Money - When Wall Street’s most aggressive bank took on the world’s most incendiary client, someone was going to make a killing – Link here

How to hide it: inside the secret world of wealth managers - They know more about their clients than the clients’ own wives. They are loyal in the face of appalling behaviour. They are the brains behind the most ingenious tax avoidance schemes. And there are more of them than ever – Linkhere

Peak Finance Looks Like It's Over – Linkhere

China’s Ambitious Plan to Make the Yuan the World’s Go-To Currency – Linkhere

How to change the world with a $1 microscope – Linkhere

The genesis of Zoomcar – Linkhere

Sword of the Brother Enemy by Shashi Tharoor – Linkhere

These Mammals Are Just Straight-Up Murdering Each Other All The Time – Linkhere

The Difference Between a Bubble and a Cycle – Linkhere

Stupefied - How organisations enshrine collective stupidity and employees are rewarded for checking their brains at the office door – Linkhere

Hell on Earth - What happens to life sentences if our lifespan is radically extended? A philosopher talks about future punishment – Linkhere

The nightmare of finding an ‘ipill’ in Chennai, TN – Linkhere

Can Lok Sabha & Assembly Elections be held simultaneously? – Linkhere

Read,Learn,Improve - 1-Oct-16

Practicing a “Punch Card” Approach to Investing – Link here

Tamal Bandyopadhyay is one of the finest business journalists when it comes to banks and financial institutions. Last year I read his book “Sahara: The Untold Story” and would recommend you to do the so too. Currently I am midst of his another book “A Bank for the Buck” based on HDFC bank, again very insightful and goes through history of the bank. He recently wrote interesting piece called - How corrupt are our bankers? – Link here – makes for an interesting read.

SEBI Finally Cracks down on NSE’s Suspect Algo Trading. What does it mean? – Link here

10 Commandments of Financial Modeling – Link here

Hot Mess: How Goldman Sachs Lost $1.2 Billion of Libya’s Money - When Wall Street’s most aggressive bank took on the world’s most incendiary client, someone was going to make a killing – Link here

How to hide it: inside the secret world of wealth managers - They know more about their clients than the clients’ own wives. They are loyal in the face of appalling behaviour. They are the brains behind the most ingenious tax avoidance schemes. And there are more of them than ever – Link here

Peak Finance Looks Like It's Over – Link here

China’s Ambitious Plan to Make the Yuan the World’s Go-To Currency – Link here

How to change the world with a $1 microscope – Link here

The genesis of Zoomcar – Link here

Sword of the Brother Enemy by Shashi Tharoor – Link here

These Mammals Are Just Straight-Up Murdering Each Other All The Time – Link here

The Difference Between a Bubble and a Cycle – Link here

Stupefied - How organisations enshrine collective stupidity and employees are rewarded for checking their brains at the office door – Link here

Hell on Earth - What happens to life sentences if our lifespan is radically extended? A philosopher talks about future punishment – Link here

The nightmare of finding an ‘ipill’ in Chennai, TN – Link here

Can Lok Sabha & Assembly Elections be held simultaneously? – Link here