05 December 2020
Welcome back to the Week That Was series where I highlight a few things from the interwebs which I thought were interesting, noteworthy and probably worth your time.
Articles📝, Tweet(s)📱, Videos🎥, Charts 📈 all fair game with or without attendant commentary.
🧳✈️ HK -> UK
The UK’s history with Hong Kong, and overtures to would-be HK émigrés is having a visible effect on immigration from the island.
🤑 Expensive Companies
Mega-cap Price to Sales multiples are pretty eyewatering at this stage.
P/S Ratios of notable growth companies w/ Market Cap > $100 billion...$SNOW: 219x$ZM: 62x$SHOP: 52x$PDD: 27x$NOW: 25x$NVDA: 23x$MA: 22x$TSLA: 21x$V: 21x$ADBE: 19x$AMD: 13x$PYPL: 13x$MSFT: 11x$FB: 10x$CRM: 10x$NFLX: 10x$BABA: 9x$AAPL: 8x$GOOGL: 8x$AMZN: 5x https://t.co/P0vXuMTyjy— Charlie Bilello (@charliebilello) December 4, 2020
Visualization of the United Arab Emirates Population Density in 2020
📲 2020’s Apps
Most downloaded app in the world:— Jon Erlichman (@JonErlichman) December 5, 2020
March: TikTok⁰April: Zoom
May: TikTok⁰June: TikTok⁰July: TikTok⁰August: TikTok
September: TikTok⁰October: TikTok⁰November: WhatsApp
Source: Sensor Tower
💵📉 Tech Cost Deflation
Extraordinary falls in the costs of photovoltaic technology have seen the price of electricity from solar decline by 89% in the last decade.
It may not seem immediately obvious (because of the log scale and having to invert the measure) but as YC’s Paul Graham notes, this graph showing the plummeting cost of 66 technologies over time - is really showing society’s wealth increasing massively.
In this article 📝Our World In Data unpacks why renewables became so cheap so quickly, and the potential implications for green growth.
Nucleus. Jason Anderson. Oil on Linen, 2020.
It’s graphs like this which fuel the would-be Gold Bug & Bitcoin Maxi, who watch with concern as central banks worldwide open the money-printing spigots.
According to 📝Harry Robertson 20%(!) of all the US Dollars to ever go into circulation were printed this year…
Great integration of a handball player via greenscreen into a live broadcast by Danish TV2
Many months into the pandemic this graphic gives a sense of it’s continuing spread dynamics in the US
Per Adam Tooze, although there is much to cheer in respect to vaccine progress - there’s still plenty to concern.
With December holidays on the horizon it’s worth continuing to push for meeting outdoors - when you are meeting up. Evidence hasn’t abated for prolonged indoor exposure spread.
A study from Korea showing why indoor dining is unsafe and why airborne transmission matters. Case B infected case A from 6.5m (~21 feet!) away in *just five minutes*, and case C from 4.8m (15 feet!). Footage shows no interaction—and only those in line of air flow got infected. pic.twitter.com/Yw3Gb8INWP— zeynep tufekci (@zeynep) December 3, 2020
🎨 Quarantine & Chill
A few lines from George Horace Lorimer’s “Letters from a Self-Made Merchant to His Son”:
“I want to say right here that the easiest way in the world to make enemies is to hire friends.”
“A business man’s conversation should be regulated by fewer and simpler rules than any other function of the human animal. They are: Have something to say. Say it. Stop talking.”
“Remember that when you’re in the right you can afford to keep your temper, and that when you’re in the wrong you can’t afford to lose it.”
H.E.R., Jaroldcadionart, Coffee, 2020
📸 Oh…and one more thing
📧 Get this weekly in your mailbox
Thanks for reading. Tune in next week. And please share with your network