Buffett’s Airlines Conundrum – Link here
Global house prices – Link here
In Vancouver, home values have risen by 47% in four years; in London they have risen by 54%; and in Auckland the rise has been a whopping 75%. The influence of foreign capital flows on housing markets is being scrutinised, particularly as affordability becomes ever more stretched.
Netflix Tries to Outdo Theaters With Films a Studio Can Envy – Link here
“In every organisation, you need Brahma, Vishnu and Mahesh” – Uday Kotak interview – Link here
My most important realisation as a banker is something very basic. As a bank, say, we have Rs10 of capital and we borrow Rs100. If we lose Rs5 out of Rs110, we have lost 50% of our money; if we lose Rs10 out of Rs110, it’s time to go home. Bankers find it difficult to keep this principle in mind; most of the time, they believe they own Rs110. Equity is a very small portion of the total balance sheet of banks but bankers start believing they have control and ownership over all the assets. They don’t: it is other people’s money. If you go back globally and see the kind of lifestyles bankers lived, they lived at 50:1 leverage. They were living on borrowed money and on borrowed time. That arrogance comes from believing that you own all that leverage as your own money.
It’s a Good Time to Find a Job in These Countries, But Don’t Expect a Big Raise – Link here
Unemployment rates in Group of 7 nations such as Canada, the U.S., Britain, Japan and Germany are nearing or even slightly below what officials describe as a maxed-out jobs market. But wage gains worldwide have been only creeping along.
“I hate to say it but we may be in a new normal for wage growth,” said Omair Sharif, senior U.S. economist at Societe Generale in New York.
The Ghost Bosses – Private-equity firms have been rapidly buying and selling off companies for decades, and workers in Lancaster, Ohio, are living with the consequences – Link here
Why Intel is paying $15 billion for Mobileye – Think of your future car as a rolling computer – Link here and do read this – INTEL, MOBILEYE, AND SMILING CURVES – Link here – pay attention to theory of smiling curves, very interesting, I think it can be applied to lot of sectors.
Big Tobacco Has Caught Startup Fever – It’s not smoking. It’s platform-agnostic nicotine delivery solution – Link here
This is precisely why Warren Buffett dislikes Hedge Fund – Ackman’s Investors Won’t Get Their Yachts – Link here
Are Teenagers Replacing Drugs With Smartphones? – Link here
An annual government-funded report measuring drug use by teenagers, found that past-year use of illicit drugs other than marijuana was at the lowest level in the 40-year history of the project for eighth, 10th and 12th graders
“People are carrying around a portable dopamine pump, and kids have basically been carrying it around for the last 10 years,”
This is Excerpted from a new book called Never Out of Season: How Having the Food We Want When We Want It Threatens Our Food Supply and Our Future – Humans Made the Banana Perfect—But Soon, It’ll Be Gone – Link here
WHY FACTS DON’T CHANGE OUR MINDS – New discoveries about the human mind show the limitations of reason – Link here
Business Advice From a One Year Old – Link here
Successful Active Stock Investing is Hard: Here are Seven Traits that I Believe are Required for Active Investors to Win in the Long Term – Link here
A runaway energy industry is costing California billions – Link here (scroll ppt)