Max Nisen is a Bloomberg Gadfly columnist covering biotech, pharma and health care. He previously wrote about management and corporate strategy for Quartz and Business Insider.

Good morning! This is Fly Charts, the daily charts-only newsletter from Gadfly, sign up here. From Neil Woodford's need for an apology class to Nestle's vitamins, here are four charts that tell you what you need to know in business today.

The Chase Is On
If the hedge-fund boom is any lesson, things aren't likely to end well for investors chasing returns via new private capital firms.
Source: Preqin
Going Global
The sale of Moy Park to Pilgrim's Pride is just your standard chicken deal -- except for the motivating multi-billion-dollar plea bargain.
Source: Bloomberg, Pilgrim's Pride presentation
Note: Company also classifies 3% of pro-forma revenue as "export."
Growing Pains
Nestle's sales growth needs a supplement, but Merck KGaA's vitamin business may not be the one it’s looking for.
Source: Bloomberg
Summertime, and the Livin' Wasn't Easy
It's been a summer of pain for Neil Woodford, and the time might be right for a little humility.
Source: Bloomberg

And don't miss David Fickling on the coming electric vehicle flood: "China, one-third of the world's car market, is working on a timetable to end sales of fossil-fuel-based vehicles, the country's vice minister of industry and information technology, Xin Guobin, told an industry forum in Tianjin on Saturday. That would probably see the country join Norway, France and the U.K. in switching to a wholly electric fleet within the lifetime of most current drivers. The announcement is important because the most influential players in the global auto market have always been not companies, but governments."

This column does not necessarily reflect the opinion of Bloomberg LP and its owners.

To contact the author of this story:
Max Nisen in New York at

To contact the editor responsible for this story:
Mark Gongloff at