Calm(er) Investors 👩🌾- Carry Trade 💵- Flex work 👨🏿💻- Self-Care Tips 🤗-Productivity Tips 🇫🇷
Expert curators share their key insights, every week
Episode #19. Dear reader of The Timestamp, time has come for a new dose of weekly takeaways brought to you by our gentle verified users of the Clind app.
Discover this week the selected content of 4 of our top curators:
Patrick Kervern regularly shares brilliant articles in Umanz. He scores a double feature this week in The Timestamp. Check it out!
Julien Triverio, a finance expert making money matters easier to understand.
Aurore Lanchart, a care queen sharing tips to make your life much better.
Fabien Raynaud, a productivity expert writing ‘La Minute Productive’.
I hope you will enjoy reading this newsletter (last takeaway in French). More and more content is curated every week on the Clind app; only the top of the top gets featured here 👇
Let’s get started and pls make sure to subscribe to The Timestamp and join 2,500 happy Sunday readers.
#1 Time for ‘Calm’ Investors? ☯️
Calm Capitalists
published on May 30th 2021 in The Generalist and curated by Patrick Kervern.
In “The calm capitalists” Mario Gabriele speaks of a new way of funding companies that is the exact opposite to the “Moonshot strategy”. A new generation of early-stage investment firms offers an alternative. "Calm funds" (CFs) seek to work with company builders that choose to play a different way. Rather than shooting the moon by pursuing growth at all costs, calm founders look to build sustainable businesses that are "default alive," meaning they don't require regular capital injections.
Companies like Github, Atlassian, and Zapier all ran this playbook, taking in limited outside funding, or delaying it. Other less recognizable calm businesses like Wildbit, Tuple, Papertrail, and VueScan, might approach or surpass unicorn status in a venture paradigm.
A calm fund is defined as “an investment firm that backs companies that do not risk survival for growth”. Calm funding is a new name operated by Venture players like Indie VC, Earnest Capital, micro-private Equity like Tiny or SMB conglomerates like Constellation Software. “In time, raising and building calmly may become the true status symbol.”
Patrick Kervern, Founder at UMANZ. Sense-Maker & Curiosity expert.
#2 You know about inflation but how about carry traders? 📈
The return of the carry trade
published on July 3rd 2021 in The Economist as a paid article and curated by Julien Triverio.
Central Banks objective: keep expectations of inflation in check. EM Central Banks: use foreign exchange to manage inflation.
> Raise Interest Rates > Central Bank wants stronger currency to reduce import cost > lower inflation pressure. Higher interest rates = keep domestic savings onshore in local currency + attract foreign capital looking for higher yield (= Carry Trade).
High IR could be explained because:
- the country has a high public debt / expansionary fiscal policy, so higher yield to compensate for the risk.
- lack of domestic savings (=deficit of current account balance where savings < investment) so higher yield needed to attract foreign capital.
Carry trader should monitor:
- slope of IR curve: steeper better as capture expectation of future rises in policy rate.
- currency: trader bets on the appreciation.
- valuation of the currency
- country terms of trade (oil producer)
- monetary policy (Turkey) Brazil, Mexico and Russia all recently have increased their IR and should be soon followed by Chile, Colombia, Peru and South Africa to manage the expectation of inflation and will attract carry traders.
Julien Triviero, Multi-Asset Investment Manager at State Street Global Advisors. Julien helps clients to achieve their investment objectives and meet their risk targets.
#3 Will Apple employees get back to the office? 🧰
Apple decentralizes the Silicon Valley, but workers just want to be remote
published on July 4th 2021 in Bloomberg and curated by Patrick Kervern (yes double share).
Apple is ramping up efforts to decentralize out of Silicon Valley. Hiring and retaining talent will be one of the biggest challenges to its future success, and reducing its reliance on the Valley is a key step in mitigating that issue.
Apple realizes it can no longer wait for the best designers and engineers to gravitate toward its spaceship. It needs to go where those people live today. spending $2 billion on building new campuses in Austin, Texas, and North Carolina. That’s in addition to hiring engineers in Canada, Germany, New Zealand, Spain and the U.K.
In its hybrid office and remote work arrangement, it forces nearly all staff back to its offices in September. Employees will be required to be in the office Mondays, Tuesdays and Thursdays, while they can choose to work at home the other days. Some retail employees will be given a similar arrangement to support online sales. The stakes are high: 59% of about 1,700 Apple employees said they “strongly agree” that some workers will leave the company due to a lack of more flexible work options.
Patrick Kervern, Founder at UMANZ. Sense-Maker & Curiosity expert.
#4 How to take care of yourself? 💝
Making self-care tactical - Why you should focus on boundaries, not just bubble baths
published in First Round Review and curated by Aurore Lanchart.
Self-care is a mental health practice. That’s something you work on and not something you pay.
“We need to reframe what it means to take care of ourselves because doing deep breathing, reading a book, listening to a podcast, and going for a walk are all forms of self-care”.
Self-care requires a multi-faceted approach: Spiritual Social Physical Emotional Intellectual.
Aurore Lanchart, Head of Care at Clind, part of the startup ecosystem for 13 years, Aurore has been passionate about customer service and learning. In her spare time, she teaches classes at Lion (the school for Startup employees) and Iconoclass.
#5 Productivity Tips for our French fans 🇫🇷
Le Time Blocking pour ou contre
published in La Minute Productive and curated by Fabien Raynaud himself.
Chaque journée comporte son lot d'imprévus. Ne surchargez pas votre agenda. Au contraire, allégez-le pour avoir moins de contraintes et vous focaliser sur les quelques sujets qui comptent vraiment.
Combien d’imprévus avez-vous dans la journée?
published in La Minute Productive and curated by Fabien Raynaud himself.
Ne surchargez pas votre agenda. Evaluez combien de temps vous prennent les imprévus que vous avez chaque journée. Laissez-vous autant de temps "libre" dans votre agenda pour faire face à tous ces imprévus.
3 secrets pour avoir plus de charisme
published in this video from Pascal Aumont prise de parole en public on Youtube and curated by Fabien Raynaud as well.
3 éléments pour accroître son charisme :
1️⃣ Occuper l'espace en se tenant droit,
2️⃣ Prendre le temps lors de sa prise de parole,
3️⃣ Savoir écouter.
Abonnez vous aussi à la newsletter de Fabien: La minute productive, c’est une newsletter au format court et efficace pour vous partager à chaque fois une astuce à appliquer, pour mieux gérer votre temps.
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