Readings For The Week (21/12)

Posted on By offpisteblog

Last post of 2024 – it has been a long year, so we are looking forward to some time off exploring Malaysia! Happy holidays to everyone and best wishes for the new year!

This week’s links include Russell Napier on the consequences of economic nationalism, reflections from James Hay on the Pangolin Fund turning 20 years old, Goldman Sachs on the push for the ‘green’ data center and its investment implications, George Arison on how Grindr built a free cash flow machine, the World Gold Council’s gold outlook for 2025, FT Alphaville on the weird world of Warhammer and Andrew Huberman’s conversation with Morgan Housel.

I also enjoyed a recent event at the INSEAD Business School in Singapore, where André Hoffmann discussed his new book “The New Nature of Business.” In particular, he discussed his family’s efforts to keep Roche independent and set the company on a more sustainable path after various incidents including the Seveso disaster in the late 1970s and a vitamin price-fixing scandal in the 1990s. The book also contains case studies of other companies who have made similar transformations, such as Harley-Davidson, Holcim and Schneider Electric. I haven’t read the book yet, but it is on my list!