Mental Model: Bias from Envy and Jealousy (LINK)
The Insurance Industry Has Been Turned Upside Down by Catastrophe Bonds (LINK)
Without Freddie and Fannie, could 30-year mortgage be a thing of the past? [H/T ValueWalk] (LINK)
Miamian Bruce Berkowitz has taken on a fight few would dare: He’s suing Uncle Sam.
Mark Zuckerberg on the next 10 years of Facebook [H/T Barry Ritholtz] (LINK)Berkowitz — whose mutual fund Fairholme Fund owns 14 percent of Fannie Mae and Freddie Mac preferred stock — is among a group of investors suing the U.S. government over the two government-backed mortgage insurance giants. They claim the U.S. Treasury Department illegally confiscated the companies’ earnings after their bailout, gutting the firms when it was supposed to rehabilitate them and setting a dangerous precedent for shareholders’ rights.
Jim Koch: "Quench Your Own Thirst" | Talks at Google (LINK)
Related book: Quench Your Own ThirstBarry Ritholtz interviews Daniel Kahneman (podcast) (LINK)
Related book: Thinking, Fast and SlowTED Talk - Anthony Goldbloom: The jobs we'll lose to machines — and the ones we won't (LINK)
Iridium: story of a communications solution no one listened to (LINK)
Related book: Eccentric Orbits: The Iridium StoryNew Hardcore History podcast: Episode 58 – Kings of Kings III (LINK)
Long on Epictetus (Part 1, Part 2)
Related book: Epictetus: A Stoic and Socratic Guide to Life