Only Robots Can Tally What the Largest U.S. Pension Fund Pays in Fees –Link here
Church of England made stunning 17% return on investments in 2016 –Link here – not sure if Mumbai’s Siddhivinayak or Shirdi Saibaba trust or any such religious trust have an active manager, I think it’s time their start doing so.
Unemployment in the U.S. Is Falling, So Why Isn’t Pay Rising? – Link here
Indian IT and the lightning bolt of layoffs – Link here – author Siddharth Pai IT veteran, he has an interesting take on IT industry. I am not expert on IT but I remember post-dot.com crash, many of the analysts were bearish on IT companies because as per them, Indian IT companies grew on back of demand for Y2K and now (post-dot.com crash) problem is solved hence no demand. But survival is the mother of motivation (and innovation), growth did come but here we are again at a similar point, let see what leaders choose to do.
Raymond Limited: The Complete Rip-Off – (By Institutional Investor Advisory Services) – Link here
The Real Problem With Productivity Is Measuring It – Link here
The Wild West of Deep-Sea Mining – Link here
ELIMINATING THE HUMAN – Link here
One para from this article that really caught my attention, especially given nature of work we as analyst/fund manager have to work rationally, based on data – ignore emotion. “Neuroscientist Antonio Damasio wrote about a patient he called Elliot, who had damage to his frontal lobe that made him unemotional. In all other respects he was fine—intelligent, healthy—but emotionally he was Spock. Elliot couldn’t make decisions. He’d waffle endlessly over details. Damasio concluded that though we think decision-making is rational and machinelike, it’s our emotions that enable us to actually decide”.
On a lighter side, I am yet to meet an individual who says he is happy with the telebanking facility of his bank, there is an endless list of menus and to figure out one to speak to human is a task by itself.
This is how black money holders are using a unique laundry to turn tainted money into white – Link here
Has This Silicon Valley Startup Finally Nailed The Indoor Farming Model? – Link here
10 Insights from the Berkshire Hathaway Weekend – Link here
Which Companies Have the Highest Revenue Per Employee? – Link here
The engineer who went on to become Paytm’s first CEO is eyeing half-a-billion users – Link here
Have to say investment management industry seems to be heavily dominated by male, there are very few female fund managers and this is a story of one such rich investor. – The Witch of Wall Street – Link here
The Advantage Of Being A Little Underemployed – Link here
Ten Year Futures – Link here