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Monday, July 4, 2022

Whataburger Day -- July 4, 2022

Trending on my twitter feed this a.m.: Whataburger

  • Texas: Whataburger
  • California: In 'N Out
  • no contest

Oil: it may be a holiday in the US ... but ...

  • WTI: up 0.67%; up 73 cents; trading at $109.20
  • Brent: up similarly; trading at $112.60

Tesla:

  • shutting down for two weeks in Berlin
  • link here;
  • re-tooling
  • can't get the necessary hiring

German wind: Nordex closes the last German wind blade factory -- uneconomic

  • Germany wants to double wind installations in the year ahead

California:

  • link here;
  • state gasoline tax increases by 3 cents from 51 cents to 54 cents
  • the state will send upwards of $1,000 to residents to help cover the cost of gasoline
  • California's average gasoline price: $6.27
  • average means many folks paying much more
  • nationwide average: $4.84
  • by the way, that $1,000-inflation relief: the funds will arrive next year.

Chips:

  • South Korea's stock of chips is growing amid demand concerns; link here.
  • GM continues to struggle to get enough chips

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The Book Page

Charlie Munger: reads 500 pages / day

His top 20 books (which I assume changes periodically); in bold, the ones I've read

  • In The Plex: How Google Thinks, Works, and Shapes Our Lives, Stephen Levy
  • The Outsiders, William Thorndike
  • Influence, Robert Cialdini
  • Living Within Limits, Garrett Hardin
  • The Warren Buffett Portfolio, Robert Hagstrom
  • Damn Right, Janet Lowe
  • Benjamin Franklin, Walter Isaacson
  • Man's Search for Meaning, Vicktor Frankl
  • Models of My Life, Herb Simon
  • Genome, Matt Ridley
  • Titan: The Life of John D. Rockefeller, Sr, Ron Chernow
  • Andrew Carnegie, Joseph Wall
  • The Wealth and Power of Nations, David Landes
  • Guns, Germs, and Steel, Jared Diamond (over-rated, but "everyone" recommends this book)
  • The Selfish Gene, Richard Dawkins (near the top on my list)
  • Master of the Game, Connie Bruck
  • Benjamin Franklin, Carl Van Doren
  • The Third Chimpanzee, Jared Diamond (near the top of my list; way under-recommended; if you have time for only one Jared Diamond book, this is it)
  • Deep Simplicity, John Gribbin (I've read several John Gribbin books; don't recall this one)
  • Ice Age, John Griffin (ditto)

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