Snapshots that wow!
Scaling up is not a small cup of tea!
“While almost 33% of MidCaps rise to become LargeCap in 5-10 years, only 10-15% of SmallCaps become Mid or Large after 5-10 years
15-20% fail or become TinyCaps
65-70% remain SmallCap”
Source : Alpha Ideas, BSE Filing
The great wealth handover!
This great wealth handover has long been anticipated, but the
2023 edition of the UBS Billionaire Ambitions Report shows
that it’s underway and gathering momentum. For the first
time in the history of our study, new billionaires acquired
greater wealth through inheritance than entrepreneurship.
Source: UBS
Desert winds don’t blow emissions away!
Most of the highest emitters of CO2 per capita are countries
that are dry/ desert like- from constituents of the middle
east to Australia to Mongolia. The one notable exception in
the list is Trinidad and Tobago!
Source:Visual Capitalist
Wish life had a reverse uno card!
“According to the National Centre for Social Research, the
average of six recent polls shows 56 per cent of respondents in
favour of rejoining (or joining), though the individual polls
varied from 60 to 49 per cent in favour. 22 per cent of Leave
voters thought that Brexit had turned out badly or very badly
against only 18 per cent who thought it had turned out well or
very well”
Source: Financial Times
US: The largest China + 1?
Manufacturing Construction Spending in the US continues to hit new record highs, increasing 71% over the last year.
Source: Charlie Bilello
Yash Chopra would be very disappointed!