Welcome to the 27th edition of The Weekly Bull Report. 📰
Here’s a short list of content we found interesting and informative over the past 7 days…
(Starting this Friday Nov 9 look for our new weekly post: Funding Friday)
💡 Interesting Articles & News:
- Will Jair Bolsonaro’s presidential victory in Brazil usher right-wing ripple effects in Latin America? Find out.
- As President Trump fumed about immigration, some media outlets cutaway. Read more.
- Voters in the French Pacific territory of New Caledonia have rejected a bid for independence.
- No evidence to back Kavanaugh accusers’ claims, Senate panel’s probe on FBI report finds. One accuser admits to ”making up the whole story about being raped.”
- Wages and salaries in the US jump by 3.1%, highest level in a decade. Read article. 💵
- Asia rises as key frontier in Bitcoin‘s next stage. Find out why.
- Wall Street robs again.
- An annual report by the Securities and Exchange Commission reveals how digital currency scams, which did not merit a mention two years ago, are among the agency’s top enforcement priorities. Read here.
- Notorious former crime boss James ‘Whitey’ Bulger was found murdered in his prison cell. Read the details.
- Humanity has wiped out 60% of animal populations since 1970, report finds.
- Justice Sandra Day O’Connor announces she has been diagnosed with dementia. Her words. 👩⚖️
- How China recruits spies. 🕵️♀️🕵️♂️
- You can fly DARPA’s idiot-proof helicopter with 45 mins of training. Learn how to fly. 🚁
- A powerful new battery could give us an electric plane that doesn’t pollute. Discover the new tech. ✈
MEDICINE & SCIENCE
- Breakthrough in treating paralysis – Targeted neurotechnology restores walking in humans with spinal cord injury. Read more.
- Medical Cannabis kills cancer cells in lab testings. Australian researchers are now embarking on a clinical trial. 🌿
- Do Nootropics (supplements that purport to boost creativity, memory, and cognitive ability) actually work? Uncover the answer. 💊
- Parkinson’s disease could originate in the appendix, according to one of the largest studies of the neurodegenerative illness.
- The Director General of the World Health Organisation (WHO): Air pollution is the “New Tobacco”. Read article.
- The smell of lavender is relaxing, science confirms.
- Building a Moral Machine: Who Decides the Ethics of Self-Driving Cars? 🚗
- How the NBA sparked the American sports gambling gold rush? Find out. 🏀
- Lelisa Desisa of Ethiopia won the men’s division of the New York City Marathon and Mary Keitany of Kenya dominated the women’s division on a sunny Sunday. 🏃♀️🏃♂️
📈 Noteworthy Stocks & Assets:
- The world’s largest allocator decided to abandon oil. Then the problems started. 🛢
- Morgan Stanley called cryptocurrency a new institutional investment class in a recently released report. The bank spent the past six months studying bitcoin and other cryptocurrencies. The report was flattering, defining bitcoin as “digital cash” and nothing that investors had full confidence in it.
- Barry Ritholtz discusses the recent market volatility. 📊
- Molson Coors Brewing Co. expects to “secure a meaningful share” of the cannabis-infused beverage market when edibles are legalized in Canada, the company’s CEO said. (Our favorite microcap in the space is $WUHN)
- Short seller Andrew Left is raising money for his first fund. (First funds historically perform very well)
💬 Quotes That Inspire Us:
- “I knew that if I failed I wouldn’t regret that, but I knew the one thing I might regret is not trying.” – Jeff Bezos
- “Successful people do what unsuccessful people are not willing to do. Don’t wish it were easier; wish you were better.” – Jim Rohn
🔠 Word Of The Week:
- Incorrigible – adj. Not able to be corrected, improved, or reformed. “His bad habits were incorrigible.”
❔ Did You Know:
- Fact: Reed Hastings was inspired to start Netflix after racking up a $40 late fee on a VHS copy of Apollo 13. 📽
- On this day in history: November 5, 1605 – Celebrated with fireworks as Guy Fawkes Day, this English holiday marks the anniversary of the Gunpowder Plot, when Roman Catholics led by Robert Catesby tried to blow up Parliament. 🎆🎇
👓 A Must Watch & Listen:
- How boredom can lead to your most brilliant ideas – Manoush Zomorodi. Do you sometimes have your most creative ideas while folding laundry, washing dishes or doing nothing in particular? In this great TED talk, Manoush explains the connection between spacing out and creativity.
- The best Elon Musk interview to date. Listen. 👂
- LeaderShift – Nell Watson. Watson describes herself as an entreprenerd, engineer, tech philosopher, educator and keynote speaker. She’s insightful, imaginative, and broadly aware, as well as an effective communicator and mentor, who can make complex subjects able to be understood by all. 📺 (This is a must must watch!) #AI #MachineLearning
📚 Top 5 Books Every Investor Must Read: (Great Christmas Gifts🎁)
- Rich Dad, Poor Dad
By Robert Kiyosaki
The author believes that the poor and middle class work for money, but the rich work to learn. He advises that America’s educational system is designed to keep people working hard for the rest of their lives, and that the school does a poor job of teaching people to create enough wealth so they won’t have to work anymore.
- The Essays of Warren Buffett: Lessons for Corporate America
By Warren Buffet
Buffett – widely considered to be modern history’s most successful investor – provides his views on a variety of topics important to corporate America and shareholders. He outlines his basic business principles (e.g. purchasing shares of businesses at times when stocks are trading at a discount, and he opposes following investing trends).
- Beating the Street
By Peter Lynch
This book allows the reader to peek into Lynch’s mind and thought processes in terms of deciding whether to buy or sell a stock. Lynch believes that an individual investor could exploit market opportunities better than Wall Street, and encourages investors to invest in what they know.
- The Intelligent Investor
By Benjamin Graham
Graham is considered the “father of value investing”. This book delves into the history of the stock market, and informs the reader on conducting fundamental analysis on a stock.
- Think and Grow Rich
By Napoleon Hill
This book conveys valuable insights into the psychology of success and abundance, and should be considered a priority read given the current time period’s emphasis on shock-value entertainment and negative news.
👌 Feel Good Monday:
- Baby animals found another use for Halloween pumpkins. Watch the video.
- Everybody loves an optical illusion. Check these out.
🐦 Eye-Catching Tweet:
- @2chainz: The scariest part about Halloween is that rent is due the next day.🎃
Every Friday starting this week (Nov 9) we will feature a company looking for funding – Funding Friday. If you have a company looking to raise capital and would like to broadcast your message reach out to email@example.com 💰📈
Our very best wishes for a very fruitful upcoming week! 🍀
The IBR Team: Dr. Anna, Jeff and David