WM 25 September 2021
Quotes Lessons & Thoughts of the week Character matters It's not personal. Resilience Stories: weapons of mass distraction Never stop asking questions and listen: you do not need to have all the answers to be smart The number of billionaires reached 3000 for the first time last year. The 1% club (wealth > USD 2.5m of wealth) controls 45.8% of global wealth How do you make money now that money tide recedes? Answer = special sits (M&A, Capital restructuring, Spin offs, Vol arbitrage etc) or do nothing and stick to your quality assets for the long term Sequoia Investment Checklist Did Gru make it? Carved from semi-precious green stone, jade elephants are considered symbols of good fortune that bring many positive characteristics or powers. Nature bounty at its best The fourth turning Macro news Money Covid peak How does Evergrande compare? Contagion? FX Strong dollar cometh CNY demand vs Chinese tech stocks AUD has followed iron ore collapse Timing banning bitc...