Wednesday, June 22, 2016


Jim Grant's speech to the Washington CFAs (LINK)

Tesla Offers to Acquire SolarCity (LINK)
Related previous article: Elon Musk Supports His Business Empire With Unusual Financial Moves
Elon Musk Aims to Shore Up SolarCity by Having Tesla Buy It (LINK)

Jim Chanos: ‘Brazen' SolarCity deal is ‘corporate governance at its worst’ (video) (LINK)

Rebalancing, wealth transfers, and the growth of Chinese debt - By Michael Pettis (LINK)

Farnam Street: Why Are No Two People Alike? (Part 1) (LINK)
Related book: No Two Alike
Brain Pickings: Abraham Lincoln’s Tough-Love Letter to His Step-Brother About Laziness and Work Ethic (LINK)
Related book: Lincoln: Speeches and Writings 1832-1858
Alan Watts - How to melt anxiety (video/audio) (LINK)
Related book: The Wisdom of Insecurity: A Message for an Age of Anxiety (now also an audiobook
Related link: An Antidote to the Age of Anxiety: Alan Watts on Happiness and How to Live with Presence
Quote of the day, from 1995: “The nature of information itself is changing….This is just the beginning….We are crossing a technology threshold that will forever change the way we learn, work, socialize and shop.  It will affect all of us and businesses of every type in ways far more pervasive that most people recognize.” -Bill Gates (Crains Detroit Business, January 2, 1995) [H/T 25iq]