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Ben Yeoh's weekly digest.
Hi Friend          Arts - Investing - Personal/Autism

In a fairly rare scheduled evening outing for me (see twee story about disability and seeing Holland not Italy or other ASD lessons here), I am going to see the Droves at 8pm on Sunday Feb 18.

Do let me know, if you’d like to come? And I will see you there.

The Droves is an immersive theatre show, designed by kids, for adults.

You’re invited into a secret community of children living deep beneath a derelict carpet factory. For decades they’ve hidden from adults, growing strange in the darkness – but now they’re asking you in… Unsettling dilemmas, mushroom forests and at least one gorilla await you at the door.

Full disclosure, I chair theatre company, Coney which is behind the Droves.

It’s unique and ground breaking and only has a short run. But with many time slots.  The Droves will be at COLAB Factory from the Sat 17 – Sun 25 February 2018 from 6:30pm (Matinees from 1:30pm).  BOOK TICKETS HERE

Buying friends and followers. This is a dark art. It raises many questions, but (what should have been unsurprising) is how the market has developed.

“Manufacturers” create Twitter bots. These come in high-quality form, usually copied from an inactive Twitter account (but sometime an active one), with a copied picture and ID. There are also low-quality bots which do not copy a real-life person and are super-easy to spot.

These are wholesalers (e.g. Peakerr) and some are not available to individuals only “retailers”.

The NY Times exposed one such retailer Devumi, which has a large number of celebrity and political clients.

These bots can then be used to amplify your message or any message (realnews or fakenews), or denigrate other messages.  (see 2 min post on it with link to NYT article here)

 



Beaches that were covered with pristine sand in the 1990s are today littered with plastic debris
, washed up from countries around the Pacific Rim and beyond — an estimated 37 million pieces, weighing 18 tonnes

“This is just the tiniest snapshot of our problem with plastics. Every year an estimated eight million tonnes of the material flow into the oceans. And, over the past few months, there has been a huge increase in public and political concern about this marine pollution, to a level where it is approaching climate change as an environmental issue.”
 

I continue to be amazed at humans' poor skills in thinking long-term (I include myself here) or perhaps simply valuing short-term convenience (packaging?!) over unseen consequences. This applies to investing, as to much of life.

Along side many other problems, we seem to have been sleep walking into a plastic ecological disaster. Let’s hope human ingenuity can bend this problem away. (2 min thoughts with links to articles)

More noise on US healthcare as JP Morgan, Berkshire Hathaway and Amazon form a venture to look at lowering healthcare costs (Bloomberg article). I’ve been meaning to write a long series of pieces on health, given it is one of my specialties and I can talk about health for almost as many days as I can talk about theatre or investments and sustainability.

But, it’s hard to compress those thoughts succinctly.

So, I only wanted to mention 2 points. First, US healthcare spend is at around 16.6% GDP (in 2014; but close to 18% in 2017 and likely 20% in 2025!)  and now vs UK at 9.9% (2014 adjusted) and Germany at close to 11% and China at about 6%.

(Noticeable for the UK, its health spend is one of the lowest in the G7 on this measure, although higher than the OECD average for now - it probably falls to average in next few years;  UK data here and more and world bank data here;  US govt analysis here)

These averages disguise a huge amount, which is a discussion for another time, but it is much larger than other developed nations and on balance the average result in the US (again the mean and median disguising many items) are not as good as other developed nations, across many health measures (see a balanced view on key measures here from Kaiser. I’ve also seen data where items such as socio-economic status, smoking, obesity and other key factors have been balanced and US is still worse at the mean).

One of the problems in the US, is that there is no socio-political consensus that healthcare is a human right, in the same way it is in Europe.

Ultimately funding healthcare is as much (or if you follow Cambridge economist Ha-Joon Chang’s line of thinking, the politics is everything (23 Things They Don’t Tell You about Capitalism) political as economic. Some of the US population believes healthcare is a right and should be public funded, but others in the US do not believe it is a right.  (3 min blog post on it here)

Randomness:   

Beyond wrong and right
A field of grass grows over dreams
I will meet you there

--My Haiku after Rumi

post

“...Through a long-term orientation and stewardship, this is the time for active investment managers to show their worth. It starts with asking the right long-term business questions. Some companies are giving us answers, but are we really listening?”

My full opinion article in the FT. (3 mins, behind paywall, but you get a free article or email me and I can send you a copy)

 

Post

Anoushka  is doing a Digital Detox will be on behalf of Focus West London, a Saturday club for autistic children. Children learn vital play, social and language skills in a fun and child-centred environment. Every child is provided with a volunteer therapist trained in a highly effective behavioural intervention. Families also meet, support each other and have access to experts. The therapists that we train also benefit, not only from the training and experience gained from volunteering, but through job opportunities arising with the families that use the Club. 

It's a difficult climate for charitable organisations like Focus and this year they are facing a funding shortfall, so your sponsorship really matters.

Details are here. THANK YOU!

 

Brilliant Stuff from Friends and others:  

I had a great meet-up with the AD and Chair of Flute Theatre.  Check them out, they are looking for supporters.  “Flute  was set up in 2014 to create productions of Shakespeare for inclusive audiences. We specialise in international touring, performing at major European festivals as well as partnering with Orange Tree Theatre in Richmond and Teatre Lliure in Barcleona with our pioneering productions for children with autism and their families. Our productions are targeted toward the widest possible audience, encompassing all ages and languages by defying traditional expectations of Shakespeare. We have two ways of making our work; both are immersive and intimate.”

Droves is an immersive theatre show, designed by kids, for adults.

You’re invited into a secret community of children living deep beneath a derelict carpet factory. For decades they’ve hidden from adults, growing strange in the darkness – but now they’re asking you in… Unsettling dilemmas, mushroom forests and at least one gorilla await you at the door.

The Droves will be at COLAB Factory from the Sat 17 – Sun 25 February 2018 from 6:30pm (Matinees from 1:30pm).  Ticket details here.

 

 

Thanks for keeping in touch. Ben 

P.S. Some of you may be on here from the Mingle or Linkedin (or meeting me randomly), if this is not for you just hit unsubscribe below. I’d much rather you spent your time on items that do matter to you, such as… go on make a call to someone you love and tell them (Matt Haig life tip #5). 

 

Quick hits on jobs and projects (Arts/Diversity/Pharma):  

Children's Charity Barnados looking for Chair and Trustees.  In particular, looking for a child Trustee to represent that stakeholder group.  It is a major charity (£300m turnover) Close Feb 26.  More details available here.

UK's National Archives looking for a Trustee (end date 25 Feb).  

"The National Archives is many things to many different audiences. For government we are the custodian of the public record and trusted experts in managing, preserving and using information. For the public we provide free access to more than 1,000 years of the nation’s history, and connect people with the millions of stories contained in our collection. For the archives sector we give leadership and support, helping archives to build the skills and capacity needed to sustain the nation’s archival heritage. For the academic community and others engaged in scholarly research, we offer opportunities for collaboration and partnership across a broad range of disciplines."

 

 

 


Lessons from Autism
Everybody is somebody's weirdo. What unites humanity is vast and wonderful. (5 Lessons

Mindfulness and train watching. Experiencing unique moments. S shows me how to do a lot of this. I’ve trekked through ancient rainforests, accidently eaten the egg of a maleo bird and stayed with nomadic hunter gatherers in the Sulawesi jungle.Only a handful of people have experienced that.

Still, not many people have gone to Northwick Park, and stood on a footbridge to watch 8 different types of train go past. The experiences have more in common than you might think. (3 min post here)


from Anoushka's blog: 

Spike spoke his first word with his hand. The sun had risen late and bright on a winter's day, its incendiary rays dissolving the darkness at the edges of the blind. I pulled a cord and the blind folded up on itself, and light flooded the room. Spike lay sleepy amongst the rumpled sheets of our bed. He squinted, raised his hand next to head and opened and closed his pudgy starfish fist. He had made the Makaton sign for "light". We were charmed by it, as all parents are by the child's first words. I don't think we gave any thought at all to the abstract nature of the concept he had chosen to communicate. Not "Mama". "Light".  (5 min read)

Readers seldom these archive links, so I’m just going to highlight a couple, if you’re having a bored moment. But there really is a lot of good stuff here, if you want to have a random browse...

Neil Gaiman's brilliant commencement address on making brilliant mistakes - the ones only you can make. (wonderful, fabulous, brilliant mistakes).

Sheryl Sandberg on 
grief, resilience and gratitude
, her commencement address speaking about the sudden death of her husband.

Incredible play theorist, Bernie De Koven, on how to live a life, well lived.  A life that brings joy.


Selected Archive links. The life lesson collection: Nassim Taleb's life lessons commencement address; Ursula K Le Guin on literature as an operating manual for life;  Neil Gaiman on making wonderful, fabulous, brilliant mistakes. Matt Haig's 20 life tips.  Charlie Munger on "always invert".    

There is also Anne Lamott on writing and truth as paradox.    And Oprah on gratitude and service.  JK Rowling on the benefits of failure.    Sheryl Sandberg on grief, resilience and gratitude or investor Ray Dalio on  on Principles.

Annie Proulx on the hope in stories.

A free carbon model and code from Google scientists; What makes effective teams from Google Research. Boom/Bust economics from Minsky.   Latest Memo from Howard Marks.  Mankiw on Economist as scientist or engineer.

An overview of Bitcoin -
not an investment, but a currency possibly.  And the sustainability issues of bitcoin.

Ray Dalio on
populism and risk,   Richard St John's success secrets, David Ogilvy on (1) advertising and (2) management; How to choose a font.  Le Guin on writing craft.  Elon Musk on how best to do corporate communication.

The work of painter-poet David Jones;   A visit to one of the last traditional bucket makers in Japan

 
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