Thursday, September 10, 2015


Charlie Munger on Avoiding Computers (LINK)

REPLAY: Ask-Me-Anything Session with Guy Spier (LINK)
Related book: The Education of a Value Investor
David Tepper: Good time to take money off the table (video) (LINK)

Aswath Damodaran: What's in a name? Of Umlauts, The Alphabet and World Peace! (LINK)

Car Crashes Are on the Rise, and Warren Buffett Blames Texting [H/T Linc] (LINK)
“If cars are better—and they clearly are—drivers must be worse (adjusted for mileage),” Mr. Buffett said in an email. Given that mileage is up only around 3%, Mr. Buffett said he found it hard to draw any other inference from the data than distracted driving to explain the much larger jump in fatalities this year.
Warren Buffett: Poverty In The U.S. 'Makes No Sense' (LINK)

The Bloomberg Terminal, a Wall Street Fixture, Faces Upstarts (LINK)

New York Global Group Chief Charged With Securities Fraud (LINK)
Benjamin Wey, a Wall Street financier who helped numerous Chinese companies get access to U.S. markets through “reverse mergers,” was arrested Thursday and charged with manipulating the companies’ shares to allegedly net himself tens of millions of dollars in illegal profits.

What Economics and Public Policy Can Learn from Engineering Design (audio) (LINK)
Related book: Applied Minds: How Engineers Think
What Is Coding? (LINK)
Related books:  
Code: The Hidden Language of Computer Hardware and Software 
But How Do It Know? - The Basic Principles of Computers for Everyone
Brain Pickings: Jared Diamond on the Root of Inequality and How the Mixed Blessings of “Civilization” Warped Our Relationship to Daily Risk (LINK)
Related book: Guns, Germs, and Steel: The Fates of Human Societies 
Related documentary (DVD): Guns, Germs, and Steel [Also on YouTube, HERE.]