Thought Bistro Podcast

In this episode, we cover the latest news from around the world. We start with OPEC+ announcing a surprise cut in oil production and how it has affected everyone. We then move on to discuss how inflation worries have resurfaced after OPEC+ surprise, talk about how US job growth has cooled down but still showed remarkable resilience even as other parts of the economy slowed.

We also cover some exciting developments in the field of AI Sonographers and how they are changing the healthcare industry and how the atmosphere might be able to clean itself?!

Locate us on all platforms where you find your podcasts, just search "The Thought Bistro":

Our Site: https://shows.acast.com/thoughtbistro

LinkTree: https://linktr.ee/thethoughtbistro

Spotify: https://open.spotify.com/show/2UMA4Vrn9quC1pBHzjgKUW

Apple Podcasts: https://podcasts.apple.com/us/podcast/id1660076807?mt=2

YouTube: https://www.youtube.com/@thethoughtbistro

Get in on the conversation by discussing your views on our socials under the thread for the given episode, we will surely respond:

Twitter: https://twitter.com/ThoughtBistro

Instagram: https://www.instagram.com/thethoughtbistropodcast/

Meet the Hosts:

Akhil Gupta: https://www.linkedin.com/in/akhilgupta016/

Vishrut Poddar: https://www.linkedin.com/in/vishrutpoddar29/

Discussed Links:

How Starbucks Operates Like a Bank While Serving Coffee | The Economics Of | WSJ: https://www.youtube.com/watch?v=1-OJX1rwnl8

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Welcome to The Thought Bistro, where we serve you delicious insights on books, business, and life. In this episode, we're going to review one of the best books on personal finance and investing: The Psychology of Money by Morgan Housel.

The Psychology of Money is not your typical finance book. It doesn't teach you how to calculate returns, optimize your portfolio, or beat the market. Instead, it shows you how your behavior, emotions, and biases affect your financial decisions and outcomes.

The book is full of stories and examples that illustrate how people from different backgrounds, experiences, and perspectives think about money differently. Hope you enjoy the ride!!

- Understand how your personal experiences shape your money mindset

- Avoid the pitfalls of luck, risk, and never enough

- Harness the power of compounding, saving, and freedom

- Be reasonable, adaptable, and humble with money

- Resist the temptations of clickbait, pessimism, and social comparison

Buy on Amazon:

Canada: https://amzn.to/3U3rkxT

USA: https://amzn.to/3M5ZHm2

India: https://amzn.to/3K6yMDQ

Locate us on all platforms where you find your podcasts, just search "The Thought Bistro":

Our Site: https://shows.acast.com/thoughtbistro

LinkTree: https://linktr.ee/thethoughtbistro

Spotify: https://open.spotify.com/show/2UMA4Vrn9quC1pBHzjgKUW

Apple Podcasts: https://podcasts.apple.com/us/podcast/id1660076807?mt=2

YouTube: https://www.youtube.com/@thethoughtbistro

Get in on the conversation by discussing your views on our socials under the thread for the given episode, we will surely respond:

Twitter: https://twitter.com/ThoughtBistro

Instagram: https://www.instagram.com/thethoughtbistropodcast/

Meet the Hosts:

Akhil Gupta: https://www.linkedin.com/in/akhilgupta016/

Vishrut Poddar: https://www.linkedin.com/in/vishrutpoddar29/

Hosted on Acast. See acast.com/privacy for more information.

In this episode of "The Thought Bistro", we take a deep dive into the story of Credit Suisse, the Swiss banking giant that was once a symbol of stability and innovation, but now faces extinction after a series of scandals, losses and management failures. We trace the origins of Credit Suisse back to 1856, when it was founded by Alfred Escher to fund the development of Switzerland's rail system and industrialization. We examine how the bank expanded its global presence and diversified its businesses over the years, acquiring rivals such as First Boston, Bank Leu, Volksbank and DLJ. We also explore how the bank survived the 2008 financial crisis without needing a state bailout, unlike its competitor UBS.

However, we also reveal how Credit Suisse's aggressive culture, poor risk management and fudged decision-making led to its downfall. We analyse how the bank was involved in multiple international investigations for tax avoidance, money laundering and fraud, resulting in billions of dollars in fines and settlements. We discuss how the bank suffered huge losses from its exposure to the collapse of Archegos Capital Management, a New York-based investment group that defaulted on its margin calls. We investigate how the bank's reputation and financial strength were further eroded by its ties to Greensill Capital, a UK-based supply chain finance company that went bankrupt amid allegations of fraud and mismanagement.

Finally, we explain how Credit Suisse's demise culminated in a forced merger with UBS, its arch rival and Switzerland's largest bank, in a deal orchestrated by Swiss regulators to prevent a systemic crisis. We examine how the merger wiped out most of the value of Credit Suisse's shareholders and bondholders, sparking outrage and lawsuits from investors who accused Switzerland of acting like a "banana republic". We also consider how the merger will affect Switzerland's banking sector and its reputation as a global financial center. We ask whether Credit Suisse's brand name will survive or disappear after 166 years of banking history.

Locate us on all platforms where you find your podcasts, just search "The Thought Bistro":

Our Site: https://shows.acast.com/thoughtbistro

LinkTree: https://linktr.ee/thethoughtbistro

Spotify: https://open.spotify.com/show/2UMA4Vrn9quC1pBHzjgKUW

Apple Podcasts: https://podcasts.apple.com/us/podcast/id1660076807?mt=2

YouTube: https://www.youtube.com/@thethoughtbistro

Get in on the conversation by discussing your views on our socials under the thread for the given episode, we will surely respond:

Twitter: https://twitter.com/ThoughtBistro

Instagram: https://www.instagram.com/thethoughtbistropodcast/

Meet the Hosts:

Akhil Gupta: https://www.linkedin.com/in/akhilgupta016/

Vishrut Poddar: https://www.linkedin.com/in/vishrutpoddar29/

Hosted on Acast. See acast.com/privacy for more information.

From GPT-4 to Microsoft Copilot to Google Workspace AI (PaLM) to Meta open sourcing its LLaMA Models to Stanford Alpaca pulling the capitalist rug from under all of them at once, this one is LOADED. Join us in unfurling this hotchpotch mess of awesomeness we call AI!!

Locate us on all platforms where you find your podcasts, just search "The Thought Bistro":

Our Site: https://shows.acast.com/thoughtbistro

LinkTree: https://linktr.ee/thethoughtbistro

Spotify: https://open.spotify.com/show/2UMA4Vrn9quC1pBHzjgKUW

Apple Podcasts: https://podcasts.apple.com/us/podcast/id1660076807?mt=2

YouTube: https://www.youtube.com/@thethoughtbistro

Get in on the conversation by discussing your views on our socials under the thread for the given episode, we will surely respond:

Twitter: https://twitter.com/ThoughtBistro

Instagram: https://www.instagram.com/thethoughtbistropodcast/

Meet the Hosts:

Akhil Gupta: https://www.linkedin.com/in/akhilgupta016/

Vishrut Poddar: https://www.linkedin.com/in/vishrutpoddar29/

Links:

https://crfm.stanford.edu/2023/03/13/alpaca.html

https://ai.facebook.com/blog/large-language-model-llama-meta-ai/

https://blog.google/technology/ai/ai-developers-google-cloud-workspace/?_ga=2.46786403.558131328.1678989433-1825355889.1675878569

https://blogs.microsoft.com/blog/2023/03/16/introducing-microsoft-365-copilot-your-copilot-for-work/

https://www.youtube.com/watch?v=yEgHrxvLsz0

Hosted on Acast. See acast.com/privacy for more information.

BREAKING!! Some fascinating updates on the ChatGPT, AI front! We cover GPT-4, the update to the language model running ChatGPT on our latest episode of The Thought Bistro, stay tuned in!

"We’ve created GPT-4, the latest milestone in OpenAI’s effort in scaling up deep learning. GPT-4 is a large multimodal model (accepting image and text inputs, emitting text outputs) that, while less capable than humans in many real-world scenarios, exhibits human-level performance on various professional and academic benchmarks."

-Open AI team

Locate us on all platforms where you find your podcasts, just search "The Thought Bistro":

Our Site: https://shows.acast.com/thoughtbistro

LinkTree: https://linktr.ee/thethoughtbistro

Spotify: https://open.spotify.com/show/2UMA4Vrn9quC1pBHzjgKUW

Apple Podcasts: https://podcasts.apple.com/us/podcast/id1660076807?mt=2

YouTube: https://www.youtube.com/@thethoughtbistro

Get in on the conversation by discussing your views on our socials under the thread for the given episode, we will surely respond:

Twitter: https://twitter.com/ThoughtBistro

Instagram: https://www.instagram.com/thethoughtbistropodcast/

Meet the Hosts:

Akhil Gupta: https://www.linkedin.com/in/akhilgupta016/

Vishrut Poddar: https://www.linkedin.com/in/vishrutpoddar29/

Links:

Open AI Research Paper on GPT-4 : https://openai.com/research/gpt-4

Hosted on Acast. See acast.com/privacy for more information.

On this episode of The Thought Bistro Podcast we discuss the second largest banking failure in the history of the USA, Silicon Valley Bank (SVB)!

We shall dive deep into the systemic failure of the bank, the possibility of contagion to the system, how banks function, workings of FDIC and SIPC and what led to the debacle. Join us in exploring the mystery behind the overnight demise of the 16th largest bank in the US and the repercussions that might unfurl in the near future. Enjoy the roller-coaster that led to the demise of Signature Bank, New York, soon after and holds numerous startups including names like Roku, several Crypto Funds and multiple Venture Funds hostage. Hop ON!!

Locate us on all platforms where you find your podcasts, just search "The Thought Bistro":

Our Site: https://shows.acast.com/thoughtbistro

LinkTree: https://linktr.ee/thethoughtbistro

Spotify: https://open.spotify.com/show/2UMA4Vrn9quC1pBHzjgKUW

Apple Podcasts: https://podcasts.apple.com/us/podcast/id1660076807?mt=2

YouTube: https://www.youtube.com/@thethoughtbistro

Get in on the conversation by discussing your views on our socials under the thread for the given episode, we will surely respond:

Twitter: https://twitter.com/ThoughtBistro

Instagram: https://www.instagram.com/thethoughtbistropodcast/

Meet the Hosts:

Akhil Gupta: https://www.linkedin.com/in/akhilgupta016/

Vishrut Poddar: https://www.linkedin.com/in/vishrutpoddar29/

Hosted on Acast. See acast.com/privacy for more information.

A topic very near and dear to our heart. In our opinion, this is one of the most important things that anyone who is setting off on their investment journey, or feels lost in their current investment journey must be aware of and look much more closely at. So in this episode, we take a deep dive into the world of index funds, discuss how indexing works, the benefits of investing in index funds, and what makes them an attractive option for investors. We explore the differences between actively managed funds and index funds and provide insights into how the use of index funds can help streamline a better future. So tune in to learn more about the world of index funds and how they can help you achieve your investment goals.

Locate us on all platforms where you find your podcasts, just search "The Thought Bistro":

Our Site: https://shows.acast.com/thoughtbistro

LinkTree: https://linktr.ee/thethoughtbistro

Spotify: https://open.spotify.com/show/2UMA4Vrn9quC1pBHzjgKUW

Apple Podcasts: https://podcasts.apple.com/us/podcast/id1660076807?mt=2

YouTube: https://www.youtube.com/@thethoughtbistro

Get in on the conversation by discussing your views on our socials under the thread for the given episode, we will surely respond:

Twitter: https://twitter.com/ThoughtBistro

Instagram: https://www.instagram.com/thethoughtbistropodcast/

Meet the Hosts:

Akhil Gupta: https://www.linkedin.com/in/akhilgupta016/

Vishrut Poddar: https://www.linkedin.com/in/vishrutpoddar29/

Hosted on Acast. See acast.com/privacy for more information.

Join us on The Thought Bistro podcast this week as we discuss the important events of the week of March 5th. Whether you're interested in the global effects of Batteries or the possibilities beyond our current understanding of the universe, this episode has something for everyone. Tune in to The Thought Bistro podcast this week & stay informed!!

Locate us on all platforms where you find your podcasts, just search "The Thought Bistro":

Our Site: https://shows.acast.com/thoughtbistro

LinkTree: https://linktr.ee/thethoughtbistro

Spotify: https://open.spotify.com/show/2UMA4Vrn9quC1pBHzjgKUW

Apple Podcasts: https://podcasts.apple.com/us/podcast/id1660076807?mt=2

YouTube: https://www.youtube.com/@thethoughtbistro

Get in on the conversation by discussing your views on our socials under the thread for the given episode, we will surely respond:

Twitter: https://twitter.com/ThoughtBistro

Instagram: https://www.instagram.com/thethoughtbistropodcast/

Meet the Hosts:

Akhil Gupta: https://www.linkedin.com/in/akhilgupta016/

Vishrut Poddar: https://www.linkedin.com/in/vishrutpoddar29/

Resources:

Map Retirement: https://digg.com/data-viz/link/the-cost-of-retirement-around-the-world-mapped-PZh7JDq72B

Hosted on Acast. See acast.com/privacy for more information.

Join us on The Thought Bistro podcast this week as we discuss the important events of the week of February 26th. We'll be covering the discovery of new galaxies overthrowing the current assumptions, EV revolution with new Lithium Air Batteries, Cured HIV, New Running records, Butterflies and other great updates on the world. This episode will give you an in-depth look at the facts and implications of these important topics, as well as provide insights and analysis. Whether you're interested in the global effects of Batteries or the possibilities beyond our current understanding of the universe, this episode has something for everyone. Tune in to The Thought Bistro podcast this week & stay informed!!

Locate us on all platforms where you find your podcasts, just search "The Thought Bistro":

Our Site: https://shows.acast.com/thoughtbistro

LinkTree: https://linktr.ee/thethoughtbistro

Spotify: https://open.spotify.com/show/2UMA4Vrn9quC1pBHzjgKUW

Apple Podcasts: https://podcasts.apple.com/us/podcast/id1660076807?mt=2

YouTube: https://www.youtube.com/@thethoughtbistro

Get in on the conversation by discussing your views on our socials under the thread for the given episode, we will surely respond:

Twitter: https://twitter.com/ThoughtBistro

Instagram: https://www.instagram.com/thethoughtbistropodcast/

Meet the Hosts:

Akhil Gupta: https://www.linkedin.com/in/akhilgupta016/

Vishrut Poddar: https://www.linkedin.com/in/vishrutpoddar29/

Hosted on Acast. See acast.com/privacy for more information.

Welcome to the Thought Bistro podcast! In our latest episode, we'll be discussing Richard Rumelt's new book, The Crux: How Leaders Become Strategists. We'll be exploring how this book provides insights into the meaning of strategy and how it differs from the conventional idea of it, and how its lessons can be applied to various fields and endeavors. So join us for an interesting conversation about this book and the ideas it contains!

Locate us on all platforms where you find your podcasts, just search "The Thought Bistro":

Our Site: https://shows.acast.com/thoughtbistro

LinkTree: https://linktr.ee/thethoughtbistro

Spotify: https://open.spotify.com/show/2UMA4Vrn9quC1pBHzjgKUW

Apple Podcasts: https://podcasts.apple.com/us/podcast/id1660076807?mt=2

YouTube: https://www.youtube.com/@thethoughtbistro

Get in on the conversation by discussing your views on our socials under the thread for the given episode, we will surely respond:

Twitter: https://twitter.com/ThoughtBistro

Instagram: https://www.instagram.com/thethoughtbistropodcast/

Meet the Hosts:

Akhil Gupta: https://www.linkedin.com/in/akhilgupta016/

Vishrut Poddar: https://www.linkedin.com/in/vishrutpoddar29/

Music:

Intro: Music by Music_Unlimited from Pixabay

Outro: Music by Lesfm from Pixabay

Resources:

Lean Manufacturing: https://www.youtube.com/watch?v=oarLDeAFSj4

Find the Book (Affiliate Links):

Amazon India: https://amzn.to/3ZltrhV

Amazon US: https://amzn.to/3XZpI8I

Amazon Canada: https://amzn.to/3IwHzOE

Hosted on Acast. See acast.com/privacy for more information.