Sunday, December 21, 2014


Merryn Somerset Webb's Christmas reading list (LINK) [The books: Jesse Livermore Boy Plunger: The Man Who Sold America Short in 1929, Saving the City: the Great Financial Crisis of 1914, The Forgotten Depression: 1921: The Crash that Cured itself, Edinburgh: Mapping the City, Bitcoin: the Future of Money, The Second Machine Age, Fast Forward , The English Civil War: A People’s History]
This week, one commentator referred to the general level of upset over the threats to Sony and its movie about Kim Jong Un as “beyond the realms of stupid”. It is an entirely reasonable reaction. The idea that a huge corporation can be forced to change the way its business works by a tiny group of the ideologically insane is clearly silly.

But if you start looking around for things that somehow feel beyond stupid in today’s world of money and business, your list will get very long, very quickly. Still, lest you think that beyond stupid is somehow a modern thing, I am making the first part of this year’s Christmas book list about the many crises of the past.
Paul Graham: How to Be an Expert in a Changing World (LINK)

Philosophical Economics: What Is Intrinsic Value, And Who Decides It? (LINK)

Stable Investor blog interviews Safal Niveshak's Vishal Khandelwal (LINK)

The must watch video of the day: A monkey saves the life of another monkey who fell unconscious after being electrocuted in India's northern city of Kanpur on Saturday (LINK)