Weekly Kaizen – August 25th – China, WeWork and Caesar…

What have Trump, Adam Neumann and Julius Caesar in common?

Grandiosity


In this weekly Kaizen, we will firstly take a look at China from two different view points. The first is from Ray Dalio, discussing the Impact of China’s Growth on the World Economy in the second video Kyle Bass, a hedge fund manager, interviews Steve Bannon.

Bridgewater’s Ray Dalio Discusses the Impact of China’s Growth on the World Economy

Over the last 40 years, China’s rapid economic expansion has altered the world’s geopolitical and economic landscape. Bridgewater’s Founder, Co-CIO and co-Chairman Ray Dalio joins Bridgewater’s Senior Portfolio Strategist Jim Haskel to discuss the historical arc of this growth and why the portfolio characteristics of China’s markets are attractive and diversifying despite escalating global tensions. To learn more visit: https://www.bridgewater.com/china/
Steve Bannon, former White House Chief Strategist, sits down with hedge fund giant Kyle Bass to discuss America’s current geopolitical landscape regarding China. Bannon and Bass take a deep dive into Chinese infiltration in U.S. institutions, China’s aggressiveness in the South China sea, and the potential for global conflict in the next few years. Filmed on October 5, 2018 at an undisclosed location.

Great video on the final year of Caesar:

Before getting into WeWork, let’s look back into history to get a better understanding of the last year of Caesar, arguably one of the most accomplished humans in history.

Source: Historia Civilis

Views on WeWork:

Ben Thomson’s Stratechery view on WeWork: The WeWork IPO

Alternative, and entertaining read:

Prof.Scott Galloway on WeWork in his No Mercy/No Malice blog

Also, recommended to read the S1 filling:

Read here We Work’s S1     

Extra reading:

Softbank Will Succeed Even If Its WeWork Investment Doesn’t Work Out

So, what do I think of WeWork?  My prediction is that in 20 years students will try to make sense of how, a heavily indebted real estate company, got valued at 26x revenue. Similar to how students currently look back on the Dot-Com bubble. 

Weekly Kaisen – Sept 25th – 2016

This week more focus on video, hope you enjoy it.

Learning:

Great Video from Numberphile where Tadashi explores a special set of dice… And has a powerful lesson.

Seeking Wisdom, one of my favourite value investing blogs, the most recent blog post was about the book ‘Thinking fast and Slow’ and why he started rereading the book after only reading 1/4 of the book the first time in 2012 and again in 2013:

Knowledge Begets Knowledge

Featured in FarnamStreet’s weekly newsletter (highly recommended) was an article from professor of engineering at Oakland University Barbara Oakly: ‘How I rewired my brain to become fluent in maths‘  about the importance of practising and becoming fluent on what you learned. The article mentions how Japanese kids in schools spend hours practising and mastering maths and why explaining/ teaching a subject you studied is so important. Barbara Oakly also wrote the book ‘A Mind for Numbers: How to Excel at Math and Science (Even If You Flunked Algebra)’and has a popular course on Coursera: ‘Learning how to learn’ .

Investing:

This month was CNBC’s Delivering Alpha congress, see here an video with Bridgewater Associates founder Ray Dalio and Former Treasury Secretary Timothy Geithner.

Science:

How the development of Crisp could eradicate Malaria and prevent 500,00 deaths every year, which are mostly children under the age of five.