"Neither Jerry nor I believed the efficient market theory. I had overwhelming evidence of inefficiency from blackjack, from the history of Warren Buffett and friends, and from our daily success in Princeton Newport Partners. We didn’t ask, Is the market efficient? but rather, In what ways and to what extent is the market inefficient? and How can we exploit this?" - Ed Thorp, A Man for All Markets [currently $1.99 on Kindle]
Is Warren Buffett Too Big to Beat the Market? - by Jason Zweig ($) (LINK)
An interview with Peter Buffett (LINK)
Related book: Life Is What You Make It: Find Your Own Path to FulfillmentThe Broyhill Annual Letter - Hilariously Rich (LINK)
New leader of $6 billion money-management firm looks to podcasts and cryptocurrencies to keep active investing relevant (LINK)
Exponent Podcast: Episode 143 — Dilly-Dallying Dropbox (LINK)
Shake Shack founder Danny Meyer on the When to Jump podcast [H/T Abnormal Returns] (LINK)
Sal Khan: "Education Reimagined" | Talks at Google (LINK)
Carl Icahn dumped millions in steel-related stock last week [H/T @eosnos] (LINK)
Related article from last year: Carl Icahn's Failed Raid on Washington (The New Yorker, August 2017)Possibly worth reviewing given yesterday's news on trade...
Tyler Cowen's podcast chat with Douglas Irwin whose book, Clashing over Commerce: A History of US Trade Policy, Cowen thinks is the best history of American trade policy ever written.
Jordan Peterson: 'I Don't Want People Falling Down in an Ideological Abyss' (LINK)
The Role of Luck in Life Success Is Far Greater Than We Realized [H/T @sfiscience] (LINK)
Book of the day [H/T @awealthofcs]: A Splendid Exchange: How Trade Shaped the World - by William J. Bernstein