1. In asset bubbles, hold cash, gold, and real assets.
2. With the increase of chipped cards, other types of credit card frauds have increased. Balloon effect at work :D
3. Productivity may be limited by cost of energy. This makes sense unless there are breakthroughs in making inputs more efficient, the output should be limited as the costs become uneconomic.
4. Finny Kuruvilla invests according to biblical principals. I have not done a due diligence on him but it is good to see that we can invest well following the bible.
5. India is ranked 142 out of 188 countries in the World Banks' "Ease of doing Business" list.
6. Japan's advance in robotics is likely to raise productivity in small-medium firms.
7. Fuld, ex CEO of Lehman, did not care much about risk before the end by not listening to the head of fixed income and risk manager. He cannot blame others. He did mess up by focusing too much on profit rather than risk management.
*From Snapshot Serengeti
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