"People like to look for systems that have worked over the past 20 years or so. If you could make money based on what has worked the past 20 years, all of the richest people would be librarians." -Warren Buffett (via Seeking Wisdom)
RV Capital Emerging Manager Day 2017 [H/T @Wexboy_Value] (Part 1, Part 2) [There is also some specific RV Capital Annual Meeting Q&A HERE, and the entire meeting appears to be HERE, though the audio isn't all that great.]
Related book: Scale: The Universal Laws of Growth, Innovation, Sustainability, and the Pace of Life in Organisms, Cities, Economies, and CompaniesCore Product Value and Entrepreneurial Success (LINK)
An Inside Look at the Ups and Downs of Walmart's Journey [H/T @HurriCap] (LINK)
The High-Speed Trading Behind Your Amazon Purchase [H/T Linc] (LINK)
This Hedge Fund Manager Bets He Can Dull Your Sweet Tooth [H/T Linc] (LINK)
A 3 billion solar mass black hole rockets out of a galaxy at 8 million kilometers per hour. Yes, seriously. (LINK)
Q&A: Lawrence Krauss on The Greatest Story Ever Told (LINK)
Related book: The Greatest Story Ever Told—So Far: Why Are We Here?