'The surprise of middle age, and the terror of it, is how much of a person’s fate can boil down to one misjudgement. Each mistake narrows the next round of choices. A big one, or just an early one, can foreclose all hope of the life you wanted.' ft.com/content/fa1a57…
“No matter what happens—always behave as if it hadn’t. That’s what we do in England.” - A woman says in a script that Christopher Isherwood and Gavin Lambert wrote in the 1950s
I really enjoy reading Ruchir Sharma's books. Two of my favourite ones are 'Democracy on the Road' (on Indian elections) and 'The Rise and Fall of Nations' (on his experience in investing globally). His new book will be out in a few weeks. Looking forward to reading it.
India's household mortgage debt, at 10% of GDP, is lower than most emerging markets, while household non-mortgage debt, at 25% of GDP, is higher than many emerging markets. Not good.
Wealthy customers are pouring more money than ever into customisation, pushing carmakers to invest in supply chains and dedicated teams. ft.com/content/980a2b…