Links

The activist playbook is nearly 90 years old — and the first chapter was written by Warren Buffett's mentor [H/T Linc] (LINK)

Related book: Dear Chairman: Boardroom Battles and the Rise of Shareholder Activism 

John Hempton: Some thoughts on very low interest rates (LINK)

Uber, disruptive innovation, and regulated markets (LINK)

Exponent podcast: Episode 083 — Microsoft & LinkedIn versus Apple & WWDC (LINK)

Book of the day: The Seventh Sense: Power, Fortune, and Survival in the Age of Networks - by Joshua Cooper Ramo [Ramo was also on Charlie Rose last night discussing the book, but the video is not yet available.]