Weekly Summary
A quote, Week in football, A blog, Investing concept
A quote to ponder
“Ignorance more frequently begets confidence than does knowledge: it is those who know little, not those who know much, who so positively assert that this or that problem will never be solved by science.”
― Charles Darwin, The Descent of Man
Football
Manchester United are astonishingly shit when they play with Harry Maguire. Chelsea is a joke for sacking Tuchel but have a great manager in Graham Potter. Barcelona looks good in the UCL Lewandowski and Dembele are cooking.
A blog
This is a very good introductory piece on mimetic desire.
An investing lesson to remember
5. Buy companies who translate most earnings into free cash flow.
Earnings are an opinion, cash is a fact.
A study found that companies that translated most earnings into FCF outperformed companies that translated the least earnings into FCF by 18% (!) per year.
A really good thread on twitter on Terry Smith with many important lessons.
Just read the blog on mimetic desires. Really insightful. Looking forward to such posts from you every week.
Enjoyed the Darwin quote! Very relevant material otherwise! Loved the blogpost on mimetic desire. Looking forward to more wisdom!