I was researching a company as a potential investment opportunity in the Indian stock market.
I started reading about the history of the company.
Clicked on a youtube link on its website.
It was a short five-minute video. Very useful.
Then something interesting happened.
On the right side of the youtube page, I was prompted for a video.
It was Yuval Noah Harari. A renowned historian and author.
And also one of my all-time favorites. I was hooked.
I specifically liked this part in the video:
I will address the fake news question, not because it is the easiest to solve, but also because it is the most relevant to what you are doing in Google. And I would say that the current incarnation of the fake news problem has a lot to do with the model of the news and information market. We have constructed a model which basically says, EXCITING NEWS FOR FREE, IN EXCHANGE FOR YOUR ATTENTION.
Famous investment columnist and author, Morgan Housel makes a striking point in one of his writings:
The single most important variable for how you’ll do as an investor is how long you can stay invested. I’m always astounded when I think about compound interest and the power that it has for investing. Time is massively powerful.
If I had to simplify it in one sentence, I would say:
“If you can survive for a long time, compound interest will take care of you.”
What could be the worst nightmare for the parents of a toddler?
In a small Austrian town in the Alps, a mother and father were strolling in the woods with their three-year-old daughter. The parents lost sight of the girl for a moment and that was all it took. She slipped into an icy fishpond. The parents frantically jumped in after her. But the pond was dark and it took them thirty minutes before they could find her at the pond bottom. Eight minutes later when the rescue team arrived, the girl’s condition wasn’t good. She was unresponsive with no pulse and no sign of breathing. Her pupils were dilated and unreactive to light, indicating cessation of brain function. She was gone.