“Until you can manage your emotions, don’t expect to manage money.” -Warren Buffett
Source: Matt Allen @investmattallen on X
A new fee model for airlines? WIZZ AIR LAUNCHES $550 ‘ALL YOU CAN FLY’ ANNUAL SUBSCRIPTION PASS
Travelers in Europe can now take unlimited flights for 499 euros ($550) a year, under a new travel subscription service from budget carrier Wizz Air The introductory fee will be available until Aug. 16 before the price rises to 599 euros (Source CNBC, Evan on X)
Cobalt is a critical mineral used in numerous commercial, industrial, and military applications.
In recent years, it has gained attention as it is also necessary for batteries used in cell phones, laptops, and electric vehicles (EVs). This graphic by Elements / Visual Capitalist illustrates estimated cobalt production by country in 2023 in metric tons. The data is from the most recent U.S. Geological Survey (USGS) Mineral Commodity Summaries, published in January 2024.
Productivity rules
Source: Eric Parker on X
Norway’s massive sovereign wealth fund on Wednesday posted first-half profit of 1.48 trillion kroner ($138 billion)
It has been primarily driven by robust returns on its investments in technology stocks. The so-called Government Pension Fund Global — the world’s largest sovereign wealth fund — said it had a value of 17.75 trillion kroner at the end of June. The fund’s overall return for the six-month period was 8.6%, which was 0.04 percentage points lower than the return on its benchmark index. “The result was mainly driven by the technology stocks, due to increased demand for new solutions in artificial intelligence,” CEO Tangen said in a statement. Source: CNBC
Temu overtook eBay to become the 2nd most-visited e-commerce website in the world
Source: SimilarWeb, Juozas Kaziukėnas on X
Naval Ravikant Happiness Theory
Source: artofpoets.com
Athletes from four California universities won 89 Olympic medals. (The United States won 126 total).
Athletes from Stanford University alone won more medals than all but seven countries in the world. Source: Erik Brynjolfsson
