Friday Wrap-Up: Leadership Longevity and Nicolai's biggest regret

Hi everyone and welcome back to In Good Company. I'm Silmatyskar. I'm Nikola Tangin. And what we'll do today is this is a short fifteen minute chat where Nikola and I cover three things, highlights from this week main episode, what's going on in the fund and the markets. And then we will talk about what you will do in the weekend. Absolutely. Should be fun. And this week we're heading into the fields. Absolutely. We have had a podcast with John Deere, which you may recognize for the green tractors. And wow, what a company. Have you learned anything new this week? I just didn't think, I hadn't taken on board how far AI has come in agriculture and how important it's going to be. And interestingly, Bill Gates wrote a letter recently also where he talks about who the main beneficiaries are going to be. Number one, healthcare, number two, agriculture and having listened to John Deere, you see how important it is for you know having gone from like a field based treatment of everything from like fertilizers, how you put the seeds in the ground to now going plant by plant, fertilizers, all these kind of things. It's saving them just so much money and energy and it's good for climate and productivity. Yeah, I agree, and that struck me most with episode as well, because when I talk about John Deere, I must admit I think about tractors and green hats. But this is a company that 190 year old tractor making turned into a technology company. Absolutely. It's very, very impressive. You see, the service business is really growing, there a lot of there's a big cloud element to it, more and more autonomous driving tractors, harvesting, just huge productivity gains going on there. Yeah, and talking about that, because he also talked about like this computer vision, which I thought was really fascinating, where they kind of, you can tell a weed from a crop and then you know what to spray. So how important is it for companies to be able to innovate? It's totally key. It's basically what differentiates the winners from the losers. Interestingly, next year at the investment conference we have in April, that's what we're going to focus in on. So we have a lot of the best leaders in the world, the leaders in innovation, they are going to come and tell us how they do it, how they structure the companies and what kind of process they have. That'd be very interesting. And you also touched upon driverless, because they have had driverless tractors all the way since 2022. What do you think about what I'm making and kind of the timeline when they also look into US corn production that they really want to automate by 2030? Yeah, seems to be totally feasible according to what we know. We of course see it from many different industries that automation is coming really, really fast. You …