"In order to taste my cup of water you must first empty your cup. My friend, drop all of your preconceived fixed ideas and be neutral. Do you know why this cup is so useful? Because it is empty." - Bruce Lee (Striking Thoughts)
The 2017 Broyhill Book Club (LINK)
A full chapter from Intelligent Fanatics: Standing On The Shoulders Of Giants -- The Fighting Scottish Clan: Harold & Dan Leever (LINK)
When Investing in Stocks Makes You Feel Like Throwing Up and You Do It Anyway ($) - by Jason Zweig (LINK)
There’s Never Just One Cockroach in the Kitchen - by Frank K. Martin (LINK)
Exit Interview: Mark Mobius on 30 Years of Emerging Markets (LINK)
An extensive investigation into Credit Acceptance Corporation [H/T @RodBoydILM] (Part 1, Part 2)
Eddie Lampert: Just The Facts—Sears Canada (LINK)
What are the markets telling us? Peak S&P 500? Inflation break-out? Bond break-down? (LINK)
Business Lessons from Reed Hastings/Netflix (Part 2) - by Tren Griffin (LINK)
Max Levchin on This Week In Startups (Video, Podcast)
a16z Podcast: The Evolution of Payments (LINK)
Eagles quarterback Nick Foles' Super Bowl victory speech has an important lesson about failure (LINK)
"I think the big thing is don't be afraid to fail," Foles said. "In our society today — you know, Instagram, Twitter, it's a highlight reel. It's all the good things. And then when you look at it, you think, like, wow, when you have a rough day or your life's not as good as that, you're failing.
"Failure is a part of life. That's a part of building character and growing. Like, without failure, who would you be? I wouldn't be up here if I hadn't fallen thousands of times, made mistakes. We all are human. We all have weaknesses."
..."I think when you look at a struggle in your life, just know that that's just an opportunity for your character to grow. And that's really just been the message. Simple. Like, if something's going on in your life and you're struggling, embrace it, because you're growing."
Adam Grant talks to Lindsey Vonn (LINK)
LV: Competition is what I find joy in as well. I like pushing myself. I like setting those goals. I like knowing that I’ve executed the plan I have set forth. All those things feel good. I don’t mind the mistakes. Failures are new challenges—they make me more excited to go back out there because I did something wrong and I know I can fix it.