TASE improving

TASE the Tel Aviv Stock Exchange is opening up and attracting more money. 5.2 billion dollars were invested in 2017 in Israeli start-up funds. Using La Griffe's methodology, how many start-up quality workers are in Israel? Take that number and divide by 5 (80% is not available for new projects because they have good jobs) and you reach the conclusion that each one has to burn about  2 million dollars per year. In the water sector, I know only one interesting start-up, a flow meter connected to the cloud where IBM WATSON's AI analyses the data. After two months of learning, it builds a model of the consumer's schedule and water use, and can alert losses, changes in water consumption of the machines, say washing machines, etc. The idea seems promising.

Another good news is that Paul Singer is buying Bezeq shares. Israeli managers and directors are already trembling. Bezeq - a communications company - is very solvent, but its owners and executives are being investigated by the police.