Results for CY2023
We closed CY2023 on a good note. The results, like every year in the past, were better than the index. Quiver, our smallcase strategy, managed to perform the best. Again, that has been the norm in the last couple of years since we launched Quiver.
Note: The performance is taken from smallcase, a third-party independent system. Please note that past performance is NOT an indicator of future performance and it is best to assume that good performance is not likely to be repeated consistently.
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1.
Do less to achieve more
Anytime I try something new, I consider it an experiment, so I reflect early and often. It didn’t take me long to realize that I was falling prey to the planning fallacy on a daily basis, and that it was making the to-do lists entirely useless, and leaving me frustrated at the end of each day. The solution, fortunately, was pretty simple: put way less stuff on each day’s list.
Now I put one single thing atop the day’s list that, if accomplished, will mean the workday was a clear step in the right direction. Perhaps I’ll put a bonus thing or two lower down, but I want to leave room for mental meandering and rabbit holes, as well as for the occasional water in the basement. I’ve found that, rather than acting like a check-list, the to-do list has basically become a beacon — a reminder of the thing I should be focusing on. (And on the off chance that I somehow find myself ahead, I don’t seem to have trouble coming up with other things to do.) When it was a list with a dozen items, I had a tendency to start with the easy ones so that I could check something off, not the important one or two.
2.
New lithium-free sodium-ion battery is cheaper, more sustainable and doesn’t rely on scarce raw materials
Northvolt, Europe’s only large homegrown electric battery maker, has said it has made a lower cost, more sustainable battery designed to store electricity which does not use lithium, nickel, graphite and cobalt.
Using sodium-ion technology is not new but we think this is the first product ever completely free from critical raw materials. It is a fundamental breakthrough. This provides an option that is not dependent on certain parts of the world, including China.
Northvolt said its new battery, which has an energy density of more than 160 watt-hours per kilogram, has been designed for electricity storage plants but could in future be used in electric vehicles, such as scooters.
Thought of the Week
"I have learned that whenever I think "I don't have enough time to do that" what I usually mean is "I don't have enough energy" or "I am not actually interested in doing this."
What I need to do a better job of is not managing my time, but rather caring for myself and identifying my true interests. When I am well rested and working on something I am genuinely excited about, finding time is rarely a problem."
~ James Clear
Video of the Week
Intelsense Insights
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