Sneakers made from coffee

Shoes made from coffee and plastic? Yes, now it’s reality!!! I can hear your question: how it’s possible? The process: coffee ground infused into plastic pallets (plastic bottles recycling) and mixture spinned into a polymer yarn; yarn is knighted on a waterproof membrane. Unique process that provide impressive results. No one likes to compromise, and […]

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Top 10 companies by market capitalisation

Market capitalisation is one of the best way to value the company that publicly traded. But market capitalisation could be manipulated (there’s many way to do it). The basics of market capitalisation Market capitalisation of company = price per share * number of outstanding shares. Here’s list of top 10 companies by market cap (July […]

What is market capitalisation?

Company’s market capitalisation (market cap) represents value of publicly traded outstanding shares ☓ share price. It’s easier than you think. Here’s a few examples. Market capitalisation is a game where buyers (investors) believe that company shares will cost more in future. If prediction is right then decent profits could be made. But when prediction is […]

Why females use fake nails?

Fake nails became mainstream. Why? Because low income females waste their hard earn money & saloons make females believe that necessary to have. Nothing personal, just business. Well maintained nails it’s must have but over-the-top designs it’s too much. Fake nails (call it the way you want) is a sign of poverty. In my home […]

Nothing is guaranteed in your life

How to f*ck up your life? One of the simplest way is to expect guarantees in life. Sounds quite paradoxical. In life stable is only death. Everything else depends on random (sometimes not random) situations, luck and choice. But when people expect to achieve the success without working towards it? In this situation (more common […]

Stop using pressure cookers

My today’s blog is not about finance. It’s about presher cooker (instant pot). Why? Because I witness on myself how dangerous it is. Pressure cooker explosion happens as well as instant pot explosion. None of this safe to use. Pressure cooker is used to cut cooking time. Beans cooked just under 15 minutes instead of […]

Эксперимент “невидимая горилла” или почему мы настолько невнимательны

Мы по меньшей мере хоть один раз становились жертвой своей невнимательности, не замечая того, что происходит прямо у нас под носом. В 1975 году Дэниел Саймонс и Кристофер Чаприс в институте Бекмана при Университете Иллинойса провели эксперимент, доказывающий избирательность нашего сознания. Испытуемым нужно было подсчитать количество пасов в видеоролике. В разгар игры выходил человек в […]

Microsoft closed all physical stores

A few days ago Microsoft Corp announced about new approach to retail business. Total 83 of Microsoft Store physical locations will be closed and company will be focused on it’s digital storefronts. Because of this news , shares of Microsoft fell 2% and it will result in pre-tax charge of approximately $450 million (primarily asset […]

Эффект Дидро или почему мы покупаем ненужный хлам

Большинство людей свято верит, что с помощью денег и богатства можно решить чуть ли не все проблемы. Но они даже не догадываются насколько жизнь обеспеченного человека трудна и полна сложностей. Богатые люди, как правило, всё время находятся в погоне за новыми и всё более дорогими вещами.Известный философ Дени Дидро однажды стал обладателем роскошного предмета одежды, […]

Central Bank of Brazil suspended payment services by WhatsApp

Brazil’s Central Bank has suspended payment service by WhatsApp just one week after it’s launch. For Facebook (parent company) central bank’s decision was unexpected. Here’s central bank’s explanation: “to preserve an adequate competitive environment” and “ensure functioning of a payment system that’s interchangeable, fast, secure, transparent, open and cheap”. By all this comprehensive phrases Central […]

Diamond demand and supply by De Beers

De Beers is the world’s leading diamond company with rich history (established in 1888. Company sells polished diamonds through two brands: De Beers Jewellers and Forevermark. The De Beers mission is to make high-end jewellery available in every corner of the world. Company’s business was stable until COVID-19 pandemic. From moment when customers started spending […]

Dopamine fasting. Here’s details.

Dopamine fasting is the latest wellness trend that based on excluding any experience that brings pleasure for one day. Why would anyone do it? Because we are hooked on dopamine rush: social media (likes, comments, follows), news (definitely not about unicorns), TV (yeah, people still watch TV), video games, drugs, junk food, skipping exercise, shopping, […]

Why incompetent people overestimate themselves? The Dunning-Kruger effect

According to Dunning-Kruger effect people unable to recognize own incompetence and overestimate how smart they are. This is cognitive biases (systematic error in thinking). Incompetent people don’t understand how much incompetent they are. As result they rank themselves above average but in really their knowledge is below average. And vice versa. Competent people rank themselves […]

Cactus leather as alternative to animals leather

Have you ever heard about cactus leather? Yeah, I’ve been suprised to find out about leather made from cactus. Two creative Mexican farmers have developed a durable vegan leather that cruelty free and could replace animal leather. Cactus leather is sustainable product with a lower carbon footprint that animal leather. Naturally cactus grow in deserted […]

The Diderot effect

We want things we don’t need. As result we buy things we don’t need. It’s called The Diderot effect (famous French philosopher). Denis Diderot spend his entire life in poverty and only when he was 52 years old he got money from Catherine the Great (the Empress of Russian Empire) for sale of his library […]

The feedback loop from hell

How often do you feel that you are worried about worrying about what’s going to happen? Situation is not yet happened but you worry. What about feeling nervous about being nervous? This is mostly female problem. But what about feeling guilty about being guilty? That’s irrational but reality. This phenomenon called the feedback loop from […]