As a reminder. The bank never goes bankrupt and G7 countries will NOT default on their claims. Adjustment takes place through money debasement
There are 3 ways to invest at a time of FIAT currency: 1/ Spend 2/ Invest in risk assets 3/ Invest in store of values
"Australia (67%) and Canada (74%) have the highest percentage of money losing companies in the world and Japan (15%) has the lowest" - via @AswathDamodaran
Source: Charlie Munger Fans
Where the next 1,000 babies will be born
Source: Amazing maps
Composition of the Sensex over the last 3 decades
Source: Investment Books (Dhaval)
🚨 Breaking news: Google just launched LUMIERE, the latest AI model for video generation. Lumiere is expected to transform the future of VIDEO forever
Lumiere can generate video from different inputs, including text-to-video, which works like a regular image generator and generates a video from a text prompt, and image-to-video, which takes an image and uses its accompanying prompt to bring the photo to life in a video. The model can also put a fun spin on video generation through stylized generation, which uses a single reference image to generate video in the target style using a user prompt. In addition to generating video, the model can be used to edit existing video through various visual stylizations that modify a video to reflect a specific prompt, cinemagraphs that animate a specific area of a photo, and inpainting, which fills in missing or damaged areas in the video. Source: Shruti Mishra, www.zdnet.com
Tesla $TSLA dumped in after hours after reporting an earnings miss
Tesla shares drop 6% on weak auto revenue, warning of slower growth in 2024 Tesla reported revenue growth of 3% in the fourth quarter, trailing estimates. Auto revenue increased just 1% from a year earlier. Vehicle volume growth in 2024 “may be notably lower” than last year’s growth rate, the company warned. Source: barchart
EV sales are projected to grow 21% this year to 16.7 million vehicles, with China commanding nearly 60% share in Bloomberg’s outlook
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THE SUPER ELECTION YEAR: 2024 is seeing national elections in more than 60 countries worldwide
Around 2 billion voters - approximately a quarter of the world's population - are expected to be heading to the polls this year. 2024 has been dubbed a super election year or even the biggest election year in history - aided by closely watched elections in populous countries like United States, Mexico, India and Indonesia, among others, that will be going ahead this year. Source: Statista
