Links

"First, define your own circle of competence with intellectual honesty. You have to know what you don’t know to determine what you know. Second, have the highest degree of fiduciary duty and imagine that every dollar you take from a client is coming from your own middle-class parents who are entrusting their life savings to you." --Li Lu

Chairman of Multibillion-Dollar Investment Firm Elected as New Caltech Trustee (LINK)

Li Lu, the founder and chairman of Himalaya Capital, a multibillion-dollar firm focused on long-term investments in Asia and the United States, has been elected to the Institute’s Board of Trustees.

Real World vs. Book Knowledge - by Morgan Housel (LINK)

Ideas and Institutions: A Growth Story - by Andrew Haldane (LINK)

A collection of Q2 investor letters (LINK)

Short-seller Jim Chanos breaks down his best investment ideas (video...Chanos starts around 11:18) [H/T Linc] (LINK)

The Oral History of Travel's Greatest Acquisition Booking.com (LINK)

One American’s quest to teach Italy — the motherland of espresso — how to do it better (LINK)

Lessons from Elad Gil and High Growth Handbook - by Tren Griffin (LINK)

Related book: High Growth Handbook

The Office-Messaging Wars Are Over. Slack Has Won. (LINK)

Rob Arnott on the Masters in Business Podcast (LINK)

The Jolly Swagmen Podcast: The Man Who Defied Europe - Yanis Varoufakis (LINK)

The Art of Manliness Podcast: The Daring Odyssey of Apollo 8 (LINK)

Related book: Rocket Men: The Daring Odyssey of Apollo 8 and the Astronauts Who Made Man's First Journey to the Moon - by Robert Kurson 

Leonardo Da Vinci’s To Do List (Circa 1490) (LINK)

Have we finally found liquid water on (well, under) Mars? Maaaaaaaybe. - by Phil Plait (LINK)

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For Audible members, Audible's latest sale is Sci-Fi & Fantasy audiobooks for $4.95 [And if you're not a member, and haven't yet done a free trial, you can get a free trial and 2 free audiobook credits by signing up HERE.]. Some of the titles that stood out to me are below:

The Hitchhiker's Guide to the Galaxy

Snow Crash

The Hobbit

The Fellowship of the Ring

Brave New World

2001: A Space Odyssey