BUSINESS & ECONOMICS EDITOR'S PICK FINANCE New Studies Show Bitcoin Has No Mainstream Use And Is More Like Gambling Key Takeaway Bitcoin and other cryptocurrencies are becoming mainstream, but the true success of these cryptocurrencies depends on the average punter selling them for more than they bought them. The Reserve Bank of Australia’s data shows that cryptocurrency is rarely used for buying things, with only 2% of adults using it as a payments instrument. […] Saving Bookmark this article Bookmarked
EDITOR'S PICK FINANCE Does Insider Trading Actually Matter? Key Takeaway: Insider trading is an illegal act in which someone relies on market-moving, nonpublic information to decide whether to buy or sell a financial asset. Punishment can range from a few months to over a decade. Insider trading is common and profitable, but difficult to prove and prevent. It undermines public confidence in financial […] Saving Bookmark this article Bookmarked
EDITOR'S PICK FINANCE The Tragic Truth Of Venture Capital Key Takeaway: J.P. Morgan saved the financial system in 1907 by pledging $8 million to the next domino, the Trust Company of America, and convincing a dozen other banks and the U.S. Treasury to deposit $70 million into other vulnerable banks. Bank of America is backed by a safety net of federal agencies, such as […] Saving Bookmark this article Bookmarked
EDITOR'S PICK FINANCE The Challenges Ahead For Bitcoin In 2023 Key Takeaway: Bitcoin has rallied over 53% since its low of US$15,476 in November, suggesting the bottom has finally been reached for the leading cryptocurrency. Retail investors have been buying bitcoin aggressively, while institutional investors have been offloading, suggesting a fall could be imminent. Bitcoin will reach the Wyckoff accumulation phase when institutional investors decide […] Saving Bookmark this article Bookmarked
EDITOR'S PICK FINANCE What Ancient Wisdom Can Teach Us About Finance Key Takeaway: The rate of species extinctions as a result of human activity is at least 1,000 times higher than the natural rate. The effects of business on our climate are also clear, with 71%of the world’s fossil fuel emissions coming from just 100 multinational corporations. They aim to work within the nature and limits […] Saving Bookmark this article Bookmarked
EDITOR'S PICK FINANCE TECHNOLOGY Important Lessons From FTX’s Collapse Key Takeaways: Cryptocurrency exchanges are sometimes described as being like stock exchanges. But they are very different to the likes of the London or New York stock exchanges, which are highly regulated and serve a regulatory function. Cryptocurrency exchanges make money by helping “mum and dad” investors into the market. Seven of the world’s ten biggest crypto […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK FINANCE Lessons From The Dramatic Collapse Of Crypto-Exchange FTX In the fast-paced world of cryptocurrency, vast sums of money can be made or lost in the blink of an eye. In early November 2022, the second-largest cryptocurrency exchange, FTX, was valued at more than US$30 billion. By Nov. 14, FTX was in bankruptcy proceedings along with more than 100 companies connected to it. D. Brian Blank and Brandy Hadley are […] Saving Bookmark this article Bookmarked
EDITOR'S PICK FINANCE How Digital Money Has Changed The Way We Live Key Takeaways: Digital money is a form of currency that uses computer networks to make payments. It is not the digital nature of cryptocurrencies that differentiate them from digital money, but how they ensure the ownership of digital property that mark them as transformational. The Counter Currency Laboratory, a new initiative based in the Department […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK FINANCE The Global Debt Crisis & How We Can Solve It Key Takeaways: Countries across the world are drifting towards a debt crisis. Unfortunately for many emerging economies, the reserves they hold are simply not enough to cover all of these demands – especially after energy prices soared when Russia invaded Ukraine. Other countries are turning to some of the oil-rich gulf states currently profiting from […] Saving Bookmark this article Bookmarked
EDITOR'S PICK FINANCE STRATEGY TECHNOLOGY From GameStop To Crypto: How To Protect Yourself From Hype Key Takeaways: Recent rallies in stocks popularised on social media have attracted increasing numbers of investors looking to these so-called “meme stocks” for quick returns. And with recessions looming around the world, the danger is becoming even more acute. Investors should learn a lesson from the GameStop story. Consumers have learned to be more wary […] Saving Bookmark this article Bookmarked
How China’s Property Crisis Will Impact Global Tourism Key Takeaway: The COVID-19 pandemic has impacted the Chinese travel industry, with a slow return to global flights due to the country’s struggling real estate sector. China’s largest developer, Country Garden, lost $7.1 billion in the first six months of 2023, and investors are concerned about potential debt default. Local governments heavily rely on tax […] Written by Zhiyong Yang September 15, 2023September 15, 2023 Saving Bookmark this article Bookmarked
The Price Of Love: Hidden Costs Of Modern Dating Key Takeaway: The average American spends $120,000 on romantic activities, leading to a significant amount of “dating debt” among millennials and Gen Z. This debt accumulation is attributed to the desire to signal status and the persuasive retail marketing of luxury as synonymous with love. Luxury brands like Gucci and Tiffany use strategic marketing tactics […] Written by Mark Lee September 14, 2023September 14, 2023 Saving Bookmark this article Bookmarked
The Psychology Of Fyre Festival II Key Takeaway: The founder of the 2017 Fyre Festival, William “Billy” McFarland, has announced plans for a second attempt at the festival, with a target date of the end of 2024. McFarland, who was charged with several fraud offences and sentenced to six years in prison, has been promoting the event on Instagram. The promotion […] Written by Yaniv Hanoch September 8, 2023September 8, 2023 Saving Bookmark this article Bookmarked
What Exactly Is Nudge Theory? Key Takeaway: The concept of “nudge theory” has gained prominence 15 years after its 2008 book, “Nudge: Improving Decisions about Health, Wealth and Happiness.” The book, which inspired politicians like Barack Obama and David Cameron, led to the creation of government teams to incorporate nudge theory into public policy. However, the success of these nudges […] Written by Stuart Mills September 7, 2023September 7, 2023 Saving Bookmark this article Bookmarked
The Age Of Nanotechnology Key Takeaways: Nanotechnology is set to revolutionize clothing, transportation, and transportation. Clothing will be tailored to individual needs, with synthesizers in closets creating clothing that fits perfectly. Nanosuits, made of 5 microns thick fabric, will cover the wearer’s body, allowing separate holes for individual hairs and making them weightless. This technology will double the amount […] Written by Ella Alderson September 6, 2023September 6, 2023 Saving Bookmark this article Bookmarked
What’s The Point Of Art? Key Takeaway: Art, or art, has a significant role in human endeavour, as it was used by early humans during the Upper Palaeolithic period, 40,000 to 12,000 years ago, to articulate social norms among small hunter-gatherer groups. Art objects have special resonance because they come into being through human agency, involving considerable emotional investment. Art […] Written by Empirics Asia September 5, 2023September 5, 2023 Saving Bookmark this article Bookmarked
Who Cleans Up Space Junk? With more countries landing on the Moon, the issue of space debris becomes increasingly concerning. The lack of governance and regulation is worrisome as space becomes more congested with satellites and junk. Written by Empirics Asia September 4, 2023September 5, 2023 Saving Bookmark this article Bookmarked
Rethinking Education Key Takeaways: The Industrial model of education that fueled the modern era and its dizzying reach did its job incredibly well. In his writing, Flynn illustrates study after study, spanning nations and decades, in which modern educational gift of abstraction — a transcendent sign of intelligence, as we saw in Raven’s Matrices — has been […] Written by Anthony Fieldman March 2, 2022October 19, 2022 Saving Bookmark this article Bookmarked
How China Is Transforming Its Economy Through Learning I highly recommend reading the McKinsey Global Institute’s new report, “Reskilling China: Transforming The World’s Largest Workforce Into Lifelong Learners”, which focuses on the country’s biggest employment challenge, re-training its workforce and the adoption of practices such as lifelong learning to address the growing digital transformation of its productive fabric. How to transform the country […] Written by Enrique Dans February 1, 2021February 1, 2021 Saving Bookmark this article Bookmarked
Why You’re Not Seeing Success With Influencer Marketing With the new year around the corner, now is a good time to re-evaluate your past marketing strategies and gear up for the year ahead. For some businesses, influencer marketing has simply not seemed to live up to its lofty promises of genuine engagement, credibility, and transparency. Some have claimed that it has been failing […] Written by Michael Tan January 14, 2021January 15, 2021 Saving Bookmark this article Bookmarked
A New Philosophy of Business I’m about to ask you to take a mental leap. For the next 8 minutes, suspend your notions of what a business is, and I’ll propose a new lens for you to look through. There are a lot of questions asked around what “community” means for business. “Where should community fit in my organization?” and […] Written by Empirics Asia September 5, 2018September 5, 2018 Saving Bookmark this article Bookmarked
