Snapshots That Wow!

WB the OG G.O.A.T

Earlier this week Berkshire Hathway became the first non-tech company to reach a $1trillion in market cap.

“The company has bullet points with links attached to them on a single page website.

The best part?

A disclaimer at the bottom of their website says "If you have any comments about our WEB page, you can write us at the address shown above."

It also says "However, due to the limited number of personnel in our corporate office, we are unable to provide a direct response."

Truly legendary.”

Source: Berkshire Hathway

We got no more money to give!

“Cash as a % of total assets for S&P 500 companies fell to 8.8% in July, the lowest level since 2009.

Over the last 4 years, this percentage has declined 4 points from near multi-decade highs.

This percentage is now close to the 2008 Financial Crisis low of 8.0%.

S&P 500 companies have spent the vast majority of their excess cash which may limit future dividends and share buybacks.”

Source: The Kobeissi Letter

Zooming without the vroom vroom!

Hybrid and Fuel Cell car sales in China have now overtaken conventional internal combustion engine (ICE) sales – In July, the market share of EVs in overall light vehicle sales reached 51.05% in the world's second-largest economy.

Source: Energy Intelligence

Tum gore ho toh kya hua?

Indian counterparts of Global MNCs command a disproportionate share of market cap vs. their share of profits for the parent. Most staggering is 24% share of profits for Kansai Nerolac vs. 80% of the Market Cap.

Source: ICICI Direct

Zameen khoon honda hai?

Places where birthright Citizenship is based on land and places where it is based on blood divides the world in two distinct parts.

Source: India In Pixels

The Chinese prefer righty!

One of the most stark maps of a country has to be one of population density in China.