Informative post on what is going on in automotive semiconductor markets.
Shortages in the short term – mainly because the pandemic wrong-footed car makers.
Growth in the long term – driven by the amount of semi-content in a car (an electric vehicle has 110% more content than a conventional vehicle, autonomous driving doubles that).
This is an eye-opening essay on The Art of Negativity with useful read-across to investing.
This was an interesting result from research – “there is a clear “asymmetry in the way that adults use positive versus negative information to make sense of their world; specifically, across an array of psychological situations and tasks, adults display a negativity bias, or the propensity to attend to, learn from, and use negative information far more than positive information.“”
A nice quote – “An optimist believes we live in the best possible of worlds. A pessimist fears that this is true.”
Titled “A few things we learned in Q4 2020” this deck is a 97 slide tour of what is going on in digital advertising, gaming, payments & fintech, on-demand and e-commerce and software.
It largely consists of quotes from management calls and latest company data points.