Intellectual Takeout’s Post

I am pleased to share a fascinating article exploring the first LP ever released on Columbia Records. This post delves into the historical significance of this landmark release and its impact on musical history. Find out more by clicking on this link: https://ift.tt/ahmg0zS

These posts from Guy Spier and Vitaliy Katsenelson, CFA, are very interesting. Both are full of truth. Envy, often accompanied by vainglory, can only lead to a sad life of not enjoying life, it's like living without life, never satisfied. I don't like to invest in luxury companies either. I prefer simplicity, quietness and humbleness, and Berkshire provides me with it. #luxury #quietinvestment

Check out this fascinating blog post where Colin Hay of Men at Work shares the 5 albums he can't live without. From Down Under, Hay gives us his favorite albums, and we provide you with many other lists of other artists giving their favorite albums. Click on the link to dive into the musical inspirations of a legendary artist: https://ift.tt/gXalB39

My article on articulations of Amazigh indingeity through themes of land, homeland, and resources in the Amazigh genre of Tazenzart (Sun Rays), which emerged in the Souss region in the 1970s and remains one of the most populat musical expressions of Amazigh identity. https://lnkd.in/g3cgsf9M

The richest man in Europe and possibly the world is Bernard Arnaud. He is the driving force behind LVMH. The French luxury behemoth. Their brand portfolio is unparalleled - including Louis Vuitton, Moët Hennessy, Tiffanys and numerous others. It's a powerful business model. A money making machine. Luxury brands are exclusive - not just because of their quality, but because of their special heritage. And LVMH drives demand by building on that heritage and creating further perceptions of exclusivity in the mind of the consumer. Just open the Financial Times weekend colour supplement and the first three pages are often LVMH brands: Lionel Messi adorned in Louis Vuitton luggage. Alicia Vikander wearing their jewellery. Lewis Hamilton with his RIMOWA luggage. The ROLEX company is also a masterful marketer: Look at the back of the The Economist magazine, and invariably there is an advertisement for a ROLEX watch - featuring a famous brand ambassador - like Roger Federer, or Tiger Woods. This drives desire and creates pricing power. And, unlike most things, luxury products are what economists would term a Giffin good. Meaning that when you raise prices, demand actually goes up. And it's not just LVMH and ROLEX. Ferrari, BREITLING, Zegna, Van Cleef & Arpels, Montblanc and many others doing it as well. However, Charlie Munger points out an important downside to investing in luxury brands: These are companies that don't just create demand. The stoke envy. Enormous amounts of it. And they are really good at it. But an envious society is not the best possible society. That's why we are commanded - in the 10 commandments - not to covet the possessions of our neighbours. Even though it's a huge part of human nature. I've always thought of the business of luxury as being harmless to society. Certainly less harmless than tobacco or gambling. But if one takes Charlie Munger's point seriously, it's not entirely harmless. It frays the fabric of society. Perhaps this is why Berkshire Hathaway has seems to have never invested in these businesses. And perhaps this is also why Berkshire never took Borsheims in the same direction that Bernard Arnaud took Tiffanys. If I want to own companies that build the civilization, Luxury might not be the place to be as an investor. Charlie Munger may not be with us any more. But with this clip - kindly shared by my friend Vitaliy, he has given me food for thought. Curious to hear what you think. #luxury #businessofluxury

🎵 Delve into the intriguing world of George Harrison's musical preferences in our latest blog post. Learn about the notable musicians that the "Quiet Beatle" didn't quite click with, shedding light on a lesser-known aspect of his personality. Beatles enthusiasts won't want to miss this insightful read! Check out the full blog post here: https://ift.tt/LVCnZMb

chapter 1 of my musical family history memoir is now available in English as well, starting here: https://lnkd.in/e_cqU9zi

Check out our latest blog post, "Graded on a Curve: Rapeman Two Nuns and a Pack Mule," where we pay homage to the talent of the late musician/producer, Steve Albini. His musical legacy lives on, and we delve into the impact of his work. Read the full post here: https://ift.tt/n3UIzju

Proud to be part of this conference: "Although there is clearly demand for new work, there is next to no institutional context to learn the skills necessary for new opera development. For example, Germany produces around 80 new works annually; yet in the entire country there isn't a single degree or certificate-granting program for training future opera creators. How are these artists – whether composers, librettists, directors or conductors – supposed to hone their craft to produce successful new pieces? NOD5 "OPERAtion education" aims to bring together artists, professors, and opera houses to take this problem head-on." #newoperadialogues #NOD5

Exciting news, Gandhi Fellows! Manzil Mystics will perform live at our convocation. Experience the soul of Kabir in Indie folk fusion with this dynamic Delhi-based band. Their original compositions promise an unforgettable musical journey. Don't miss out—stay tuned to know more! #ManzilMystics #Gandhifellowshipbatch15 #Unfoldingpossibilities #PiramalFoundation #Convocation #gfconvocation15