Munger: People calculate too much and think too little
Don’t fret about the data, China’s GDP forecast to be good news (FT)
China’s economic data for September will not be collated until early next month, but the ruling Chinese Communist party has already decided they will bring cheering news. “The focus for the month of September will be strengthening economic propaganda and . . . promoting the discourse on China’s bright economic future and the superiority of China’s system,” the party’s propaganda department said in a directive to national media outlets.
Living the Chinese dream (FT)
From poverty to superwealth: three Chinese billionaires tell their extraordinary rags-to-riches stories. But is the dream over for the next generation?
China fooled the world, and now comes the Great Unwinding (FT)
As Sales Slump, Hong Kong’s Luxury Jewelers Think Local (WSJ ChinaRealTime)
For those holding Luk Fook, Chow Tai Fook or Chow Sang Sang shares
Jim Rogers exits India, says one can’t invest just on hope (Live Mint)
Jeff Ubben On What He Learned From Peter Lynch (Value Walk)
Of would-be $1B fees, trips to Omaha and hardball negotiating: Behind the scenes of the Precision-Berkshire deal (via Value Investing World) (Bizjournals)
A great online course from Yale - Introduction to Negotiation: A Strategic Playbook for Becoming a Principled and Persuasive Negotiator (Coursera)
Sugar addiction – breaking the cycle (Platinum)
The Platinum Group (Australian value fund) has done a very good study on sugar, it's implications on health and as an investment theme. Worth looking through it
How to Live Wisely (NYT)
Why the 'happiest' cities are boring (FT)
It was Harry Lime, played by Orson Welles in Graham Greene’s The Third Man, who famously got to the heart of the matter. (The 1949 film noir is set in the immediate postwar era when Vienna was a much more exciting, but much less liveable, city than it is today). Lime says: “In Italy for 30 years under the Borgias they had warfare, terror, murder and bloodshed, but they produced Michelangelo, Leonardo da Vinci, and the Renaissance. In Switzerland they had brotherly love, they had 500 years of democracy and peace, and what did that produce? The cuckoo clock.”
It was Harry Lime, played by Orson Welles in Graham Greene’s The Third Man, who famously got to the heart of the matter. (The 1949 film noir is set in the immediate postwar era when Vienna was a much more exciting, but much less liveable, city than it is today). Lime says: “In Italy for 30 years under the Borgias they had warfare, terror, murder and bloodshed, but they produced Michelangelo, Leonardo da Vinci, and the Renaissance. In Switzerland they had brotherly love, they had 500 years of democracy and peace, and what did that produce? The cuckoo clock.”
Tara Brach on Meditation and Overcoming FOMO (Fear Of Missing Out) (Tim Ferriss)
How to breathe - Steve Maxwell on Gracie Breathing Techniques (London Real)
