Uber: the app that changed how the world hails a taxi – Link here (the real origin story of Uber)
The End of Employees – Never before have big employers tried so hard to hand over chunks of their business to contractors. From Google to Wal-Mart, the strategy prunes costs for firms and job security for millions of workers –Link here
“The line that caught my attention – “Janitorial work and cafeteria services disappeared from most company payrolls long ago. A similar shift is under way for higher-paying, white-collar jobs such as research scientist, recruiter, operations manager and loan underwriter.”
Research analysts culled at top investment banks – Link here – the line that caught my attention
“Incoming EU regulations are expected to deepen the research cull, because money managers that operate in the region will be required to pay banks directly for any research they consume. Currently, research is largely funded through commissions on trades. Some asset managers are therefore bulking up their own analysis departments and many plan to cut spending on outside research.”
“While these new regulations only apply in the EU, many of the bigger US asset managers are likely to follow the same path. A survey of 30 global investment groups and investment banks by Quinlan & Associates last year indicated that research budgets would be cut by 30 per cent.”
You Can See Where This is Going Where progress comes from, and how the next generation will invest their money. By Morgan Housel and the Collaborative Fund team – Link here
(must read) – How To Read – Link here – For people working in stock market reading is a must, however, personally I have observed I have learned tonnes of stuff but it comes out here & there and I believe part of the reason is inability to read it properly and if you are like me this will give you good ideas.
Hedge Funds Strike Paydirt on Actelion Deal After Tracking J&J’s Jet – Link here
China Is splashing $168 Million to Make It Rain – Link here – makes me wonder why India is not using this for Vidarbha and other drought-prone regions?
WHY HOLLYWOOD AS WE KNOW IT IS ALREADY OVER – With theatre attendance at a two-decade low and profits dwindling, the kind of disruption that hit music, publishing, and other industries is already reshaping the entertainment business. From A.I. Aaron Sorkin to C.G.I. actors to algorithmic editing, Nick Bilton investigates what lies ahead – Link here – the line that caught my attention ““The movie star, like everything else in Hollywood, is dying.” – Probably after reading this, you may want short movie theatre chains.
How The Passage Of The Taxation Laws Amendment Bill Reflected The Trend Of Institutional Failures Of The Parliament – Link here
Why India’s Canals Could Help Fast-Forward Its Solar-Energy Plans – Link here
The $2 Trillion Woman Who’s Turning Around Pimco – Link here – the line that caught my attention “Customers don’t care about the product; they care about the outcome,”
Swedroe: Lessons From 2016, Part One, Part Two, and Part Three.
Alphabet’s Boston Dynamics is working on a robot that its founder calls “nightmare-inducing” – Link here – not sure if you are aware of Boston Dynamics is owned by Google and is up for sale, not sure when was the last time I heard Google actually sold something rather than acquiring.
Ten Things For Which Aadhaar Was Made Mandatory Even After An October 2015 Supreme Court Order To The Contrary – Link here – look at the positive side lot of scams – fake degree, fake subsidy consumer would be avoided few years down the line.
Well somebody figured out a way to make money based on tweets of POTUS Trump – ‘Trump and Dump’: When POTUS tweets and stocks fall, this animal charity benefits – Link here
How Science Ruined Tomatoes (and How It Can Fix Them) – Link here
Eighty years after it was predicted, hydrogen has been converted into a metal (and it’s huge) this really could change everything. At least, a lot of things – Link here
A cut-throat case of evolutionary backstabbing in the Peruvian rainforest – Link here – this is really weird, insects showcase characteristics like a human.