Transportation

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Although space remains a magical place for most of us, it’s ultimately just another place for doing business. Today, the space economy is worth $420 billion, with commercial space revenue representing 79 percent of total space activities. If the space economy is nearly a half trillion-dollar business, how much bigger will it get? Bank of America […]
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There was never a golden age of the arts and humanities. Artists and scholars of the humanities seem to have always struggled for financial support, public prestige, political influence, and that ever-changing, seemingly intangible status . . . relevance. Except for the fortunate few who found generous patrons, artists have scrapped and struggled.  Except in the halls […]
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The US regulator for automotive safety, the National Highway Traffic Safety Administration (NHTSA), has just announced a change in the rules covering driving inspired by the predictable growth of autonomous vehicles. The changes come from an open consultation in which many of the companies working in this field have participated. From now on, for example, it will no longer be compulsory for a vehicle […]
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The Microsoft founder has become the latest in Musk’s growing list of billionaire foes. Why is SpaceX & Tesla’s chief picking fights? While they have international, even Interplanetary, businesses to run, or world-saving foundations to oversee; Billionaires, so it seems, also have plenty of time to fight. In recent months, the multi-billionaire’s club has been […]
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On December 21, electric vehicle maker Tesla will finally join the S&P 500, making it one of the 10 most-valuable companies on the index. The committee that regulates which companies make up this market indicator puts them through a rigorous selection process, aimed at keeping it balanced and as representative as possible: to prevent speculation, it only […]
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Patrick Has Invented A Card Game to Help You Make Better Financial Decisions What’s your story?I am the inventor of the financial card game: Affluent – The Wealth Management Game.In my financial advisory career, I have met individuals who hold certain misconceptions about what financial planning really is. There are myths regarding its application and […]
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First principles thinking, which is sometimes called reasoning from first principles, is one of the most effective strategies you can employ for breaking down complicated problems and generating original solutions. It also might be the single best approach to learn how to think for yourself. The first principles approach has been used by many great […]
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The recent collapse in oil prices in the global market was caused by a combination of supply and demand issues as well as uncertainty about the future, and has resulted in a crash in financial markets. But what are the reasons behind this collapse, and what impacts will it have on oil-exporting and oil-importing economies? […]

Recently Published

A few days ago, thanks to my algorithmic recommendations — not from the sources I usually read, but selected on the basis of subject matter of interest to me — I came across an article about a 57-year-old American who after being released following a 37-year jail term, was asked about his impressions of something as commonplace as a smartphone, or the […]

Top Picks

The Wall Street Journal reports that Microsoft is talking to Discord about acquiring the social audio company created in 2015, that has more than 250 million users and has so far focused primarily on creating communities of video game fans. The trigger for these talks has been the surprise success of Clubhouse, which is even smaller than Discord, but […]

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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 […]

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