In less than a decade, Uber and Lyft destroyed NYC Taxis
Source: Markets & Mayhem
10 things learned from principles by raydalio
Source: Compounding Quality
Swiss watch exports rose modestly in January
Monthly exports increased 3.1% to 1.9 billion Swiss francs ($2.2 billion) by value, the Federation of the Swiss Watch Industry said Tuesday. Growth was as high as 11.8% in the first half of last year. The number of timepieces exported rose 2.9% to 1.2 million as shipments of the Swatch brand’s Blancpain and Omega collaborations drove demand at the low end. The number of exported watches priced above 3,000 francs fell 4.5% in January, even as their value rose 4.3%, the Federation said in a statement. At the same time, the number of watches exported with a wholesale price of less than 200 francs surged 5.5% driven by the Swatch Group AG’s namesake brand. Exports to the US, the biggest market for Swiss timepieces, rose by a modest 2.2% by value. Mainland China exports gained 5% while shipments to Hong Kong fell 4.7%. Exports of watches hit a record 26.7 billion Swiss francs by value in 2023, but the rate of sales growth slumped to just 3.6% in the second half of the year as consumers pulled back. source : swissinfo
Visualizing the Most Valuable Brands in 12 Countries
At the start of 2024, Apple was found to be the world’s most valuable brand, with a value of $517 billion—a 73.6% increase over the previous year. China may have 20 brands in the top 100, but South Korea’s Samsung trumps it for second place outside of the U.S. with a value of $99 billion. Overall, Asian brands have attained significant value in recent years. China’s TikTok (along with its domestic counterpart, Douyin) is well known all around the world and had a value of $84 billion, while Japan’s Toyota and Saudi Arabia’s Saudi Aramco had brand values of $53 billion and $42 billion respectively. Europe’s most valuable brand is Germany’s Deutsche Telekom at $73 billion, while French luxury fashion house Louis Vuitton had a value of $32 billion. source : visualcapitalist
Smart money has been selling like NEVER before...
The insider transaction ratio spiked to levels unseen since 2023 When this ratio hits is at 20 or above, it's bearish as insiders sell Source. Win Smart
Types of competitive advantage.
Nice pic by Invesquotes thru Brian Feroldi
Worldwide leaders approval rating thru Thomas Wille
G7 leaders rating looks miserable (NB: The President of Switzerland is no longer Alain Berset - Viola Amherd now holds this for the year 2024).
Five Forms of Increasing Returns by MJ Mauboussin - Morgan Stanley
1) Economies of Scale 2) International Trade 3) Learning by Doing 4) Positive Feedback/Network Effects 5) Recombination of Ideas Source: Brandon Beylo on X
