Weekly readings – 1st Feb 2020

This post is a little bit late since I have been sick the whole weekend

The decade of the very poor and the super rich

A good read on marketplace and under-utilized assets

How the Dutch Use Architecture to Feed the World. I didn’t know that Netherlands is the second biggest exporter of agricultural products in the world.

Uber tests letting drivers set their own prices. I never thought Uber would, one day, let drivers set up their own price, but apparently they seem to be experimenting on it. I wonder whether Lyft will follow suit and whether this development will pave the way for aspirational startups.

I am very disgusted and disappointed by Southwest. After all the consequences that Boeing has had to face in the aftermath of Boeing 737 Max, Southwest still doesn’t learn the lesson. I hope they will soon

Southwest pilots flew more than 17 million passengers on planes with unconfirmed maintenance records over roughly two years, and in 2019 smashed both wingtips of a jet on a runway while repeatedly trying to land amid gale-force winds, according to the Transportation Department report, reviewed by The Wall Street Journal.

Source: WSJ

An Electronic Heath Records system provider worked with a drugmaker to implicitly encourage more opioid prescriptions to patients, despite an alarming rate of deaths by overdose.

Groundwork for the deal between the companies began in 2013, according to the statement of facts agreed to by Practice Fusion under a deferred prosecution agreement. The idea was to get the opioid maker’s pain drugs to certain kinds of patients: ones who weren’t taking opioids, or those being prescribed the company’s less profitable products. It also aimed to secure longer prescriptions, according to the court papers.

Source: Bloomberg

Weekly Readings – 6th April 2019

The Enormous Numbers Behind Amazon’s Market Reach. A nice overview of where Amazon stands in various industries with visuals. 42% of the book retailing market, 45% of the E-commerce space, 32% of the cloud computing market, 35% of the online apparel area. From a business strategy and execution standpoint, Amazon is a remarkable success.

Death by a Thousand Clicks: Where Electronic Health Records Went Wrong. An astonishing and remarkable (long) read on Electronic Health Records in America. I urge you to have a read if you stumble upon this post of mine. Despite throwing billions of dollars at the nationwide EHR effort since President Obama’s first tenure, America has had little to show for it. I’ll let the former Vice President – Joe Biden share his story: “I was stunned when my son for a year was battling Stage 4 glioblastoma,” said Biden. “I couldn’t get his records. I’m the Vice President of the United States of America … It was an absolute nightmare. It was ridiculous, absolutely ridiculous, that we’re in that circumstance.”

Digital India. A very interesting report by McKinsey on the digital landscape in India. Sneak peek below

By McKinsey

Howard Marks’ latest memo. As insightful and enlightening as always.

Amazon’s Rise in Ad Searches Dents Google’s Dominance. Amazon as an advertising giant is here. Established ads agency such as WPP or Omnicom reportedly spent a good chunk amount of money on Amazon ads on behalf of their clients.