Weekly reading – 5th June 2021

What I wrote last week

My experience after setting and maintaining a workout habit for 30+ days

Business

How to do long term. I totally agree with what Morgan Housel wrote here. It’s so easy to claim that whatever you are doing is for the long run. It’s much harder in practice. Have you ever held your nerves with a stock after two big drawdowns in a matter of a year? Have you ever felt pointless in whatever you do despite the grand plan you have in your mind?

Octahedroncapital organizes what they noticed from companies in several major themes. If you don’t follow earnings calls often, it’s a useful summary.

The Pizza Business Is Divided on Delivery. Whether working with a delivery service depends on several factors. How much can you invest in your business’ delivery service? Can you afford it? Are you willing to sacrifice the relationship with your customers? Are you willing to see your prices perceived as high by your customers? What are the priorities? Hence, the answer varies from one business to another. To some, delivery services bring more eyeballs and orders at the expense of a relinquished customer relationship and a lower profit. To others, they just don’t make sense. Nonetheless, I believe the likes of DoorDash, UberEats or Instacart are here to stay because they address some real needs in the market.

The Cost of Cloud, a Trillion Dollar Paradox. A very interesting post on the cost of having your infrastructure on the cloud. It claims that scale public software companies may lose billions in market valuations due to cloud costs, I am not sure what the alternative is, especially for those who operate globally. The exercise of building and creating infrastructure that can support SaaS model in various continents and regions is NOT for every company.

Driving weedshare: Uber and the hazy economics of delivering cannabis

What I found interesting

Here are a few photos of Y Ty rice terraces in Vietnam during the rainy season. If you are traveling to Vietnam, consider the Northern mountainous areas. They are beautiful. But the travel can be dangerous at times as there is no airport, trains are spotty and the roads are treacherous.

How Parking Destroys Cities. Quite a tricky topic. While I understand the point made in the article, required parking can be a source of a city’s revenue. If people don’t like to pay taxes and Republicans don’t want to levy taxes on corporations, how is a city supposed to pay for all the public services and infrastructure? I am a fan of public transportation. A lot of cities in Europe already ban cars in city center. In America, that would require a major rethinking and investment from many many angles.

Highway Fonts — Designed by Various

One of the rarest and most endangered trees in Africa and the world had a flower. The folks who work tirelessly to preserve and protect endangered species in the world don’t receive the headlines that venture capitalists or crooked financialists garner. But I am grateful for their work.

The story of Spain’s ‘terrifying confidence’ – and how it conquered the world. If you are new to football or what Americans call soccer, look for footages of the Spanish national team between 2008 and 2012. They played such a magical football and dominated the world. This is the story of how it all began

An incredible oral history of the events that led to the secret mission to kill Osama Bin Laden

America Has a Drinking Problem

Stats that may interest you

Americans paid more than $31 billion in overdraft fees in 2020. I repeat: $31 billion. A travesty

Wikipedia received $129 million in support and contributions in FY2020 while incurring around $16.7 million in expenses

Prices in April went up by 3.6% compared to the same month last year. It’s always important to put a lid on your expenses. It’s even more important now

The App Store facilitated $643 billion in billings and sales in 2020, an increase of 24% YoY, of which $86 came from digital goods and services. This amount is subject to commission to Apple

Stackoverflow has more than 100 million visitors every month. Visitors aren’t necessarily registered users. So the registered user base must be smaller than that. I am a fan of the platform though. The world is a better place because Stackoverflow exists.

According to a survey by Ben Bajarin, 57% of developers said their apps wouldn’t exist without Apple

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