Revisionist History

  • Periodically we will recommend some podcasts for our readers.
  • An excellent podcast worth special mention is Revisionist History
  • Malcom Gladwell gives a new perspective on history – especially how things have come to be the way they are and why more efficient approaches have been left by the wayside.
  • Even though the subject matter isn’t finance, ranging from country music to basketball, these stories are valuable …
  • In investing a sense of scepticism and perspective are paramount.

Lists worth reading

  • From 2018 but still a really amazing list of things learnt last year.
  • Highlights:
    • Advertisers place a single brown pixel on a bright background in a mobile ad. It looks like dust, so users try to wipe it off. That registers as a click, and the user is taken to the homepage.
    • In Uganda, half the population is under the age of 15.
    • US nuclear testing between the 1940s and 1970s may have killed as many Americans (from radioactive pollution) as were killed by the bombs dropped on Hiroshima and Nagasaki.
    • AgriProtein is a British company that operates two fly farms in South Africa. Each farm contains 8.4 billion flies, which consume 276 tonnes of food waste and lay 340 million eggs each day. Those eggs (maggots) are dehydrated, flattened and used as animal feed. The company is worth $200m, and they’re planning to open 100 more factories around the world by 2024.
  • All references and related articles found in the link. h/t Medium.

Amazon Fires

  • Scepticism is a huge part of investing.
  • T.H. Huxley said – “I am too much of a sceptic to deny the possibility of anything” (h/t The Browser – more on this site later).
  • The Amazon Fires probably caught your attention recently. We don’t mean to stir controversy and the attention is well deserved but …
  • Did you stop and question some of the claims in the press you read?
  • These two sources did. Here and Here.
    • Yes there was a large increase in fires vs. last year but it is only 7% more fires than the average … always check the comparison!
    • Lungs of the planet? – the Amazon is a huge producer of oxygen but also a huge consumer. Overall it is closer to balanced!

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