Leaders often have a close-knit inner circle built on trust that has been nurtured over the years. While trust is comforting, confronting hard truths can be difficult.

Despite Bank of America nursing a $100bn paper loss after a big bet on bond markets during the pandemic per FT, BofA will never have to realize those losses due to the mega balance sheet, capital, and liquidity strength.

Dreams have captivated humanity for centuries, with ancient civilizations like Mesopotamia, Egypt, and Greece considering them as divine messages.

Although the story is about cricket. Do not let fear of the unknown dampen your curiosity, read on. Let serendipity work its magic.

Infinite possibilities and riches emerged from zero, it also powers the internet economy. Let’s explore the story of numbers, a complex narrative simplified.

Jony was born in Chingford, London, United Kingdom His father, Michael Ive, was trained as a silversmith and taught design at a vocational high school in East London.

AGI is human-like intelligence and can perform a wide range of tasks that are typically associated with human cognition, such as reasoning, learning, problem-solving, perception, and natural language understanding.

Great Britain was the world’s largest economy in the world as it was the epicenter of innovation – the Industrial Revolution. The Royal Navy was the largest and most powerful in the world helped establish colonies around the world. The stable political and legal system set the foundation for economic growth.

Japan was battered and bruised by the end of world war II and yet by the 1980s it was the world’s second-largest economy. Japan was the epicenter of innovation – Electronics, Computers, Automotive, Aviation, Railroad, and Entertainment.

“It is a precarious enterprise, and only a fool would try to compress a hundred centuries into a hundred pages of hazardous conclusions. We proceed.”

Technology has enabled humans to overcome physical and environmental limitations, which has allowed for the development of complex societies and civilizations.

A young man goes to see Mozart. And he says I want to start composing symphonies.

The teacher asked the class, “If nine sheep are in the pen and one jumps out, how many are left?

Customer deposit $100 at the bank at a 1% savings rate, and the bank lends $100 to US federal reserve treasury for 1 year at a 4% coupon rate (interest rate) payable at the end. At the end of 1 year, the fed will return $104. Bank earns a net interest margin of $3.

Let’s not forget, writing is a technology invented by humans to transmit knowledge longitudinally across time dimensions to future generations. No other animal species does that, it is our competitive advantage.

Charlie Munger is 99 years old and Warren Buffet is 92 years old, combined net worth is $110 Billion. Charlie is particularly savage and does not suffer fools, especially with high egos, lofty titles, and zero self-awareness who think they are the greatest gift to humanity.

What makes you tick individually as a human being? What gets out of bed in the morning? Can you get paid for it?

Humans have been searching for wealth, health, and most importantly the meaning of existence since the beginning of time.

Success: All of us chase success in education, career, and life. But what is success? Is it achieving a milestone in education, the corporate ladder, or life? Who defines the milestone? Or is it the reward that follows after the milestone?