After QE, could AI be the next trigger for the Bull Market ?

This post is not buy/sell/hold advice. Please see the disclaimer at the end before reading further

I came across an interesting Accenture study

Artificial Intelligence is expected to drive a new wave of rising productivity, similar to what happened during the Industrial Revolution. In numerous economies, especially developed countries, increases in capital and labor are no longer able to drive decent levels of growth. Artificial Intelligence is seen as a new factor of production that can change the situation by transforming the basis of economic growth.

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Continue reading “After QE, could AI be the next trigger for the Bull Market ?”

The Mood Swings of Mr Market: 3 exhibits from November 2016

Ben Graham, the father of Value Investing was the first to call out the Market’s mood swings, anthropomorphizing the creature we know as Mr. Market.

Mr. Market is emotional, euphoric, moody and often irrational 

This behavior of Mr. Market allows the investor to wait until Mr. Market is in a ‘pessimistic mood’ and offers a discount to fair value.

Continue reading “The Mood Swings of Mr Market: 3 exhibits from November 2016”

Bias and Influence in Action. Jordan Belfort (fictional) sells a Penny stock

Came across an interesting tweet today

The sale starts from 2:50 into the video.

“Hello John. How are you doing today? You mailed in my company a postcard a few weeks back requesting information on a penny stock…”

Make them come to you. Don’t sound desperate, like a travelling salesman. Set the “seller’s market” frame, from a “buyer’s market”. Make them come to you. Continue reading “Bias and Influence in Action. Jordan Belfort (fictional) sells a Penny stock”

Packaging and Waste Management. The co-dependence.

In the US, lifestyle can seem wasteful (unless you live Oregon or such hippy state). Some instances of gratuitous waste that i’ve witnessed in NYC:

  • Single toothpicks are packaged in restaurants.
  • Tissues and utensils are served with every meal in more quantities than required.
  • 3$ Snapple in glass bottles (are they re-cycled?)
  • Use and throw coffee stirring sticks are imported from China and made from tree bark.
  • Vaccuum engines to clean subway tracks

Little wonder private companies like Waste Management Inc (NYSE: WM) can generate over 20 percent in ROE and have a wide and enduring moat. Continue reading “Packaging and Waste Management. The co-dependence.”

Speciality Restaurants: Narrative Bias and the need for a focussed strategy

This post is not buy/sell/hold advice. Please see the disclaimer at the end before reading further

Speciality Restaurants Ltd, the owner of the popular Oh! Calcutta, Mainland China: Asia Kitchen and Hoppipolla brands is going through bad times.

2012 was its best year – when it went IPO. Things have tumbled downhill.

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Continue reading “Speciality Restaurants: Narrative Bias and the need for a focussed strategy”