Enticing:

Latest case trajectories for major countries: • US has far more confirmed cases than any other country at the same stage • Cases edging back up in HK & Singapore as concerns grow that outbreak hasn’t been contained • Read about flattening the curve: ft.com/content/e015e0…

12 things to always remember. Courtesy: The Mindsjournal.

Je to venku. Patočka, Vlasatá: Odhaleno: V den otravy Bečvy se v Deze stala havárie. Proč zůstala utajena? denikreferendum.cz/clanek/32010-o… via Deník Referendum

Jakub Steiner, jeden z autorů indexu rizika PES: "Můj dialog s vládou skončil. ... Vláda při prvním utahování systém PSA rozbila a vrátila se na trajektorii horské dráhy. Vláda dle mého chápe, že se na nás valí třetí vlna. Vězí však v pasti populismu."

You can take Denrell's finding to the bank, almost literally. In Expert Political Judgment we called it the 15-minutes-of-fame hypothesis: forecasters of rare events fizzled fast but reputations for prescience persisted. It's easy to spot swing-for-the-fences pundits on twitter

1/ As we think about tech companies and the durability of their cash flows, I really think there are probably three types of effective moats..

I DONT WANT CVS PRICED SHIT AT DOLLAR TREE

6. We’re seeing this in our data. From July to September, 1 in 5 nights booked on Airbnb were for stays of a month or longer, and nearly half of nights booked were for stays of a week or longer

COLUMN: London only avoided a blackout last week by paying a record high £9,724.54 per MWh (more than 5,000% higher than the typical price) to briefly import electricity from Belgium due to traffic jams on the power grid | #EnergyCrisis bloomberg.com/opinion/articl…

The best businesses I have worked in, have felt like they are on the brink of disaster 99% of the time. Here's a war story of corporate incompetence 🧵

Just randomly going to leave this Phil Fisher quote from 1957 here: 📖

2 ugly truths about unit economics 1. Bull market made companies lazy in calculating, and investors lazy in verifying, unit economics 2. Unit economics change across adoption curve. Competition increases, CAC blows out, late adopters are fickle. It's why churn matters.

E-scooter company Bird trading at $0.24 a share after telling investors on Monday that its financial statements of the past 2.5 years "should no longer be relied upon" and there is "substantial doubt about the Company's ability to continue as a going concern" 🔥🧵

A brief guide to compounding: If you don’t enjoy something, you won’t stick with it. If you don’t stick with it, it won’t compound. Being interested precedes the results.

Q: Sell-side Software Analyst: “You’ve laid off 30% of the workforce - how much did that impact your CPaaS growth rate?” A: $TWLO Executive: “Literally zero. No impact… “…actually, if I’m being honest, the client experience has improved.” @Compound248: 😳😬

Funniest phenomenon is when beta is ripping ppl go out of their way to defend/make up intellectual reasons to own all kinds of shit stocks. Garbage like RBLX, RKLB, NBIS, etc. DaTa iS inFLeCtInG. Then you get a few down days & everyone basically admits this stuff is worthless.

FFS

Montier's 10 lessons