Things we're reading today - 25th October 2022

“A mixture of luck and dedicated policy has helped the EU improve its energy position recently—but it is still facing a problem that will last longer than this winter.”

“Building Berkshire was an exercise in patience combined with opportunism and a reminder that opportunity cost matters. There was no grand strategy.”

“The 1987 market went nowhere from start to finish. Yet, it went everywhere in between.”

"For the 84-year-old electronics brand, this sales promotion was meant to be an eye-catching way to boost dwindling sales, escape recession, and shrug off competition.

Instead, it led to the destruction of the company, a precipitous downfall."

“Ruminating over a bad result that hasn’t happened often feels worse than if the result did happen and you had to deal with the consequences.”