This podcast episode explores the challenges faced by Nippon Steel in their acquisition deal with US Steel and the impact of the politicization of the deal. It also discusses how the top 50 corporate winners from the pandemic have become losers, experiencing significant market value losses, and highlights the success of a few companies that maintained their success despite the changing circumstances. The episode also explores the revival of travel post-COVID-19 lockdown and the lesson that companies and investors can learn from the pandemic's impact.