The highest form of intelligence is observing without evaluating. When we learn to see beyond our eyes’ limitations… Quite a deep contemplation, hope you enjoy this. P.S a couple of months back a student asked me “how is it that with just one qualitative look you know which management character to zero in on, and […]
Whenever a Gong is sounded, the entire building cheered and clapped. Employees walk around wearing lanyards pinned with colourful and smiley badges. A recruitment interview room designed to be like a Talent Show setting with a 3-judge table and bright bulbs that light up showing “WE WANT YOU!!” if the interviewee passes. Walk into this […]
Continued from Growth at ALL Costs (Part 1)… Increasing Interest Rates Meanwhile, in separate reports by western media, strong U.S. data, rising commodity prices, increasing wage pressures and aggressive monetary-tightening policies combined to push treasury yields to cycle-highs, and global bonds are sold down significantly. A chief economist puts it neatly: “Interest-rate risk hits all […]
On the last day of China’s Golden Week, a 7-day national holiday, the People’s Bank of China (PBOC) announced a knee-jerk 1% cut to the capital reserves banks are required to withhold from the current 15.5% for large institutions and 13.5% for smaller banks. Critically, this signals the PBOC’s intention to “boost confidence” and “increase […]