Thursday, June 18, 2015


Today's Audible Daily Deal is well worth the $0.99 you pay for the audiobook (available until 11:59PM ET): The Little Book of Talent: 52 Tips for Improving Your Skills

Drivers of ROE in the Context of Portfolio Management (LINK)

Chris Mayer: How Inflation Affects Stocks (LINK)
Related previous post: Warren Buffett’s Comments on Inflation
The Brooklyn Investor: In Search of Value (LINK)

The Brooklyn Investor: Quick Update on SuperPortfolios (LINK)

Would You Rather Own The Unicorns, or Facebook? (LINK)

NY Times article from 2010: Depression’s Upside [H/T @crowdturtle] (LINK)
For Darwin, depression was a clarifying force, focusing the mind on its most essential problems. In his autobiography, he speculated on the purpose of such misery; his evolutionary theory was shadowed by his own life story. “Pain or suffering of any kind,” he wrote, “if long continued, causes depression and lessens the power of action, yet it is well adapted to make a creature guard itself against any great or sudden evil.” And so sorrow was explained away, because pleasure was not enough. Sometimes, Darwin wrote, it is the sadness that informs as it “leads an animal to pursue that course of action which is most beneficial.” The darkness was a kind of light.
Scientists Film White Blood Cells Dying for the First Time Ever [H/T Chris] (LINK)

How Dinosaurs Shrank and Became Birds (LINK)

Book of the day (1980): The Myths of Inflation and Investing