Articles of Interest for the week ending Nov 26 2016

Here are some articles I read recently that you may find interesting. This time around, very few are investing-related...
  • "Google, Facebook, and Microsoft Are Remaking Themselves Around AI" (Cade Metz for Wired): Overview of how these tech companies are leading the research into AI.
  • "Inside Fitbit’s Quest to Make Fitness Trackers Invisible" (David Pierce for Wired): I was thinking about wearables as a potential investment. In particular, Fitbit (FIT) has sold off since the IPO--it's kind of confusing since it seems like there was a big share dilution along the way--but is this a fad or is it the future? Fitbit certainly has the leadership position and strong brand (so far) and its balance sheet and income statement looks ok too. I probably won't invest since history is too short and it's hard to predict the future but I'm studying it a bit.
  • "Can America’s Companies Survive America’s Most Aggressive Investors?" (Alana Semuels for The Atlantic): Debatable argument on whether activist investors are too short-term-oriented and hurting the long-term success of corporations and the country. One can never be sure with these things. Companies are cutting back R&D and not investing in workers or plant & equipment, but is that because of excessive short-term pressure or is it because opportunities aren't available or they are unable to compete against other companies (possibly from other parts of the world)?
  • "Mapping the End of Malaria" (Bill Gates): Gates Foundation has played a major role in combatting malaria--did you know that mosquitoes are the #1 killer of humans?--and Gates suggests that Malaria may be eradicated by 2040. If so, it will definitely be the #1 accomplishment in human health for the 1st half of this century.
  • "Our Driverless Future" (Sue Halpern, New York Review of Books; review of 'Driverless: Intelligent Cars and the Road Ahead' by Hod Lipson and Melba Kurman): Author goes over the developments in driverless car technology and its potential societal impact. I think it is going to take much longer than many believe but when it does happen, it will be revolutionary.
  • Bill Gates on Warren Buffett (article here and slideshow here; July 5, 2016): Gates briefly recounts the first time he met Buffett and has some photos of their private lives.


Popular Posts

Warren Buffett's Evolution and his Three Investment Styles

Ten classic investing myths from Peter Lynch

Charlie Munger: Stock market as a pari-mutuel betting system