Tuesday, December 22, 2015


I finally finished the audiobook of Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future over the weekend. I enjoyed it, and also want to point out Appendix 2 in the book, which was a short overview of Musk's thoughts about PayPal, why it worked and why he thinks it hasn't gotten any better as a service since 2001. It was a brief but interesting overview of creating a low cost competitive advantage in a business and it gave me a few things to think about. 

Why SpaceX Rocket Landing Is a Giant Leap for Space Travel (LINK)

Steven Pinker on What a Broad Education Should Entail (LINK) [Shane's post and the Pinker excerpt also reminded of the excerpt I posted from East Coast Asset Management's Q3 2014 Investment Letter.]

Tom Gayner & Steve Markel On What Makes A Great Business (LINK)