- The internet is now more about recommendation and expertise than price comparison.
- h/t Benedict Evans.
Misc
Miscellaneous is often where the gems are.
The Future 100
- 100 trends “drawn from culture, technology, travel, branding & marketing, food & drink, beauty, retail, health, business and finance sectors.”
- Full of interesting ideas.
Complex Systems
- Anyone involved in financial markets should probably read this introduction to the study of complex systems.
- “There’s no love in a carbon atom, No hurricane in a water molecule, No financial collapse in a dollar bill.” Peter Dodds
EU eCommerce
- Amazing spread of prevalence of eCommerce across EU countries.
Private Stock Exchange
Hardware is Hard
- An interesting read on why life is hard for hardware start-ups – primarily the high upfront costs.
Benedict Evans Slide Deck
- Another fascinating must-see slide deck from Ben Evans on tech and media.
74 NYT Facts
- “Each day, our editors collect the most interesting, striking or delightful facts to appear in articles throughout the paper. Here are 74 from the past year that were the most revealing.”
- Great list from NYT. A few examples:
- “Brooks Brothers, which Henry Sands Brooks founded in Manhattan in 1818, is the oldest apparel brand in continuous operation in the United States.“
- “Often, the screams we hear in movies and TV are created by doubles and voice actors. One stock scream is so well-used it’s got a name, the Wilhelm. It’s in hundreds of films.“
Parable of the Pottery Class
- “The ceramics teacher announced on opening day that he was dividing the class into two groups. All those on the left side of the studio, he said, would be graded solely on the quantity of work they produced, all those on the right solely on its quality. His procedure was simple: on the final day of class he would bring in his bathroom scales and weigh the work of the “quantity” group: fifty pounds of pots rated an “A”, forty pounds a “B”, and so on. Those being graded on “quality”, however, needed to produce only one pot – albeit a perfect one – to get an “A”. Well, came grading time and a curious fact emerged: the works of highest quality were all produced by the group being graded for quantity. It seems that while the “quantity” group was busily churning out piles of work – and learning from their mistakes – the “quality” group had sat theorizing about perfection, and in the end had little more to show for their efforts than grandiose theories and a pile of dead clay.” (Source).
Climate Change Economic Impact
- Fascinating read about who stands to benefit in the very long run from a warming world.
- “Draw a line around the planet at the latitude of the northern borders of the United States and China, and just about every place south, across five continents, stands to lose out.“
- “Incredible growth could await those places soon to enter their prime. Canada, Scandinavia, Iceland and Russia each could see as much as fivefold bursts in their per capita gross domestic products by the end of the century so long as they have enough people to power their economies at that level.“
Decline in Animals
- Sobering chart – despite (or because of) a 97% rise in human population and 285% rise in GDP, since 1970, the population of vertebrate species has declined -60%.
Banned Words
- We leverage the Snippet ecosystem to expand our footprint holistically in the space we operate. We have a long runway for our KPIs. After all it is a global and iconic brand.
- A fun list of banned corporate “words” from FundSmith.
Vanderbilt
- Business lessons from a man who at one point commanded one in every nine dollars in the United States.
- “Vanderbilt’s legacy provides timeless and universal lessons in business success. He thrived in an era of enormous technological change as railways revolutionised the American economy. Yet his approach to business is evident in many of the successful businesses we see today; tapping new markets through lower prices, respecting shareholders, sharing scale advantages and sacrificing short term profits for long term gains.“
Scientific Publishing
Corporate Climate Goals
- Bloomberg analysed how well companies fared against their 2020 climate goals (set in 2015).
- “The good news is that most of these pledges—138, so far—have already been met or appear on track by year-end, in part because many companies set modest goals.“
- Worryingly, data disclosure remains a big issue as many companies either don’t report or do so unevenly.
- Looking forward many are now making stand out statements.
- Microsoft has not just committed to going carbon negative (by 2030) they will, by 2050, remove from the environment all the carbon the company has emitted either directly or by electrical consumption since it was founded in 1975.
Vaccine Doubters
- Intriguing to see how support for the Covid-19 vaccine varies by country.
Brexit
- “In Pew Research Center’s first survey in the UK after Brexit, 60% of British adults said they had a positive view of the EU, up from 54% the year before and the highest percentage in surveys dating to 2004”
The Brain
- This story of how brains evolved, while admittedly just a sketch, draws attention to a key insight about human beings that is too often overlooked. Your brain’s most important job isn’t thinking; it’s running the systems of your body to keep you alive and well. According to recent findings in neuroscience, even when your brain does produce conscious thoughts and feelings, they are more in service to the needs of managing your body than you realize.
- Interesting thought for investors.
Gen Z and Media
- Generation Z is now more likely to read a book than to listen to radio or watch a traditional sport and as likely to watch broadcast TV.
- h/t Redburn.
NBA and Start-Ups
- Just as in tech companies, many sports franchises are trying to answer a basic question: what do the numbers today tell us about the possible outcomes of tomorrow — and what (or who) do we need to get to a winning outcome?
- In basketball and tech in particular, a deeper understanding of efficiency — both in how to measure it and how to leverage that to build winning teams — and usage has changed the game in the last decade.
- A great piece applying NBA sports metrics to Start-ups.