Zeal to Read Weekly Newsletter
Weekly Newsletter | by 2 | on 2021-03-14 12:00
At Zebu we spend a lot of time reading news and articles that cover a wide range of topics, including investment analysis, psychology, technology, etc. We have been sharing our favourite reads with clients under our weekly ‘ Zeal to read ’.
“There is no single market secret to discover, no single correct way to trade the markets. Those seeking the one true answer to the markets haven’t even gotten as far as asking the right question, let alone getting the right answer.” – Jack Schwagger
News you may use
Centre releases Rs 1.06 lakh crore GST compensation shortfall to states since October
Consumer Sentiments Index at 55.1 in February
E-invoice mandatory for businesses with over Rs 50 crore turnover from April 1
Equity Cash Volumes Surge to a Record in Feb – HIGHER TICKET SIZES and rising number of traders take turnover to ₹88,260 cr, which points to a buoyant D-Street
Equity Funds See Outflows for 8th Straight Month in Feb
FM pushes for speedy asset monetization
Freight costs increase over 100%, exporters lose business
Government says private companies developed 38 farm markets in last 3 years
Govt nets Rs 53,346 crore from Vivad Se Vishwas scheme till February 22
Housing sales likely to drop 34% in FY21 in volume terms: India Ratings
Income Tax refunds over Rs 2 lakh crore issued between April 1 to March 8
Index of industrial production contracted 1.6% in January after registering positive growth in December.
India IIP contracts 1.6% in Jan; Retail inflation climbs to 5.03% in February, highest in three months
Indian banks’ loans rose 6.6% y/y in 2 weeks to Feb 26: RBI
Indian e-commerce to grow 84% in 4 years, helped by Covid-19 impact: Study
India’s GDP expected to grow by 11% in FY22: Crisil
India’s oil demand falls 5% in February
Insurers may soon be able to launch covers without regulator nod
Only half of urban slum households surveyed in 6 states use LPG exclusively: CEEW
Over 60% urban Indians’ finances hit: Nielsen
Passenger vehicle sales in India up 18% in February, shows SIAM data
Pradhan Mantri Jan Dhan Yojana: More than 50% account holders under PMJDY women, says FinMin
Private players may own 51% stake in proposed bad bank: Report
RBI has decided to take IDBI Bank out of PCA framework and would continue to monitoring the state-run lender
Revenue deficit grant of Rs 6,194 cr released to 14 states: Govt
Sebi, IFSCA look at setup for ‘blank cheque cos’ in India -Mkt Regulator Wants Framework To Take Care of SPACs’ Risks
Tapping into huge potential of women win-win for women’s empowerment, economic growth: IMF’s Gita Gopinath
To enhance coal output govt identifies 15 new projects: Joshi
Urban unemployment rate in April-June 2020 rose to 20.9%: Government
Views may be of use
The power of low expectations
A happy life is very simple. The first rule of a happy life is low expectations. That’s one you can easily arrange. And if you have unrealistic expectations, you’re going to be miserable all your life. I was good at having low expectations and that helped me. And also, when you [experience] reversals, if you just suck it in and cope, that helps if you don’t just stew yourself into a lot of misery.
Source: (https://www.getrichslowly.org/the-power-of-low-expectations/ )
Persuading the Unpersuadable
We live in an age of polarization. Many of us may be asking ourselves how, when people disagree with or discount us, we can persuade them to rethink their positions. The author, an organizational psychologist, has spent time with a number of people who succeeded in motivating the notoriously self-confident Steve Jobs to change his mind and has analyzed the science behind their techniques. Some leaders are so sure of themselves that they reject good opinions and ideas from others and refuse to abandon their own bad ones. But, he writes, “it is possible to get even the most overconfident, stubborn, narcissistic, and disagreeable people to open their minds.” He offers some approaches that can help you encourage a know-it-all to recognize when there’s something to be learned, a stubborn colleague to make a U-turn, a narcissist to show humility, and a disagreeable boss to agree with you.
Source: (https://hbr.org/2021/03/persuading-the-unpersuadable )
I try to write using ordinary words and simple sentences. That kind of writing is easier to read, and the easier something is to read, the more deeply readers will engage with it. The less energy they expend on your prose, the more they’ll have left for your ideas. And the further they’ll read. Most readers’ energy tends to flag part way through an article or essay. If the friction of reading is low enough, more keep going till the end.
Source: Source: (http://paulgraham.com/simply.html )
Excel Never Dies – The Spreadsheet That Launched A Million Companies
In the popular marketing book Alchemy, Rory Sutherland writes, “A spreadsheet leaves no room for miracles.” We could not disagree more strongly. Most software we use at work exists in one of two categories: 1) It’s new and we love it for now. 2) It’s old but we have to use it and we hate it. But there’s one software product born in 1985, before many of us were even a twinkle in our parents’ eye, that inhabits its own category: it’s old, but we love it, we always will, and you’ll have to pry it from our cold, dead, fingers. That product, of course, is Microsoft Excel.
Source: (https://www.notboring.co/p/excel-never-dies )
Two by Two
Just as life is not about what happens to you, but about how you respond to what happens to you, insight is not a function of data, but of how you perceive the data. Plotting data in different ways is illuminating, even fun, and it can lead one to discover stories. And while “stories” often connotes fiction, stories can also be true, and can even create truth. The best way to predict the future is to make it. And, just as history is the stories we (i.e., the victors) tell ourselves, stories can shape the future by giving people a path, an inspiration, or a goal. One inspiration for those stories is data … and different ways of looking at the data.
Source: (https://www.profgalloway.com/two-by-two/ )
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