10 Monday morning reading-big picture

10 Monday morning reading-big picture

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I go back to work in the morning train WFH wrote:

Omron’s situation It seems that the world’s response to the new Omicron variant is more urgent than its response to Delta. But it is difficult to eliminate noise. (Noapignon) You can also take a look “You must prepare for the worst”: The world responds to the arrival of new variants As the world waits to understand how far the new variant has spread and whether it can evade the current vaccine, the frenzy of activity comes—the answer may take several weeks. (Washington post)

So you want to be a stock picker I am a big supporter of index funds. This does not mean that I refuse to actively manage, but I think most people should get most of their equity exposure through the index. Picking stocks is difficult, time-consuming, and emotionally exhausting. Even if you can perform well, it may not be worth the time necessary to achieve the above-mentioned excellent performance. Dozens and hundreds of hours may be a few percentage points higher than the benchmark does not seem to be a good deal. Unless it is your enthusiasm, in this case you may have stopped reading. (Irrelevant investor)

Tokenization is absolutely everything This is the problem with the crypto space now: there are indeed a lot of cool things happening, so that it makes sense for anyone to even pretend to keep up with every interesting new project. Imagine that I told you that I have mastered every cool small business idea in the world. You know I will lie. But this is the current growth rate of cryptocurrencies, and honestly this is a problem. (ETF trends)

dead: There is a right way and a wrong way to think about inflation.Here is a correct way Inflation is essentially a complex topic-its causes are complex, and its effects are variable. Therefore, it is easy to cause confusion and misunderstanding. More importantly, consumer psychology may play a huge role in inciting inflation, because consumer behavior inspired by inflation fears promotes this phenomenon by prompting more or less spending (as the case may be). (Los Angeles Times)

For recruiters and job seekers, this is a brand new ball game Asset owners and managers face challenges in finding talent in a job environment disrupted by the pandemic. (corporate investor)

Supply chains in many parts of the world are struggling with prices; this is not just a matter for the United States. Facts have proved that when the once-in-a-hundred-year pandemic comes, the global economy may get a little out of control. The virus disrupted supply chains, squeezed international travel, and shut down businesses and services. Now, even as the world is recovering from these shocks, Covid-19 is still emerging, and coupled with other disruptions (such as climate-related events), the supply chain is still struggling to resolve itself. (sound)

The rising trend of semiconductor costs The semiconductor industry is quietly undergoing drastic changes. The rules that have always ruled this industry are disintegrating, breaking the assumptions we take for granted, which are instilled in us in schools. The blameless Moore’s Law, that exponential progress will make things cheaper, better, and faster over time, is dead. (Fictitious knowledge)

Venmo privacy settings are immediately changed If you use Venmo to pay for your fees, you may be shocked by the publicly shared information (Washington post)

One day of gratitude is not enough: gratitude is a daily habit Comedian Pete Holmes came up with a spell to free him from pain, change his worldview, and restore his hope and happiness. Just three simple words: “Yes, thank you.” (Ryan Holiday)

Taylor Swift’s pursuit of justice: With “Red (Taylor Edition)”, Swift tries to regain control of her business affairs and inner affairs. (New Yorker)

Be sure to check our Master of Business Meet with Steven Fradkin, president of Northern Trust Wealth Management, a division of the insurance giant, this weekend. The group manages $355 billion in assets and serves one-fifth of the wealthiest households in the United States. Fradkin served as Chief Financial Officer and Head of NT International Business.

Compared with other variants, how big is Omicron’s gene jump

source: Next plant

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