Thinks 175

Benedict Evans on ecommerce: “Instead of looking at the product category and the buying journey, look at the logistics model. Boxes, trucks and bikes.”

NYC mayoral contest will use ranked choice voting: “A candidate must get more than 50% support to win. If no one hits that threshold, the candidate with the fewest votes will be eliminated. The ousted candidate’s votes get redistributed to the voters’ second choices. That will continue until only two candidates remain.”

Howard Marks: “We’re in an asset bubble. It’s everything. It’s not particular to high-yield bonds, or to bonds, or stocks. It’s real estate, it’s private equity, it’s everything. The way I describe it is, we’re in a low return world . . . How do you make a decent return in a low return world? The answer is: it’s hard.”

Published by

Rajesh Jain

An Entrepreneur based in Mumbai, India.