Tuesday, December 27, 2016


Michael Lewis talks with Adam Grant about The Undoing Project (LINK)

Invest Like the Best podcast: Shane Parrish – Mastering Mental Models (LINK)

How I Built This podcast -- Warby Parker: Dave Gilboa & Neil Blumenthal (LINK)

a16z Podcast: The Realities of Aging / When Healthcare Is Local  (LINK)

How Can I Hurt You? - by Ian Cassel (LINK)
If a competitor had unlimited resources, how quickly could they duplicate the company’s competitive advantage? This is a simple question that I ask myself and management when I try to measure the moat of a microcap company. Microcap companies are small companies and often times vulnerable to larger competitors with more resources. Paraphrased, even further, How Can I Hurt You?, is very powerful.
Five industries under threat from technology [H/T @HurriCap] (LINK)
Travel agents, manufacturers, insurers, advisers and car repair garages face strain
The World’s Largest Hedge Fund Is Building an Algorithmic Model From its Employees’ Brains (LINK)

Coach Designs Strategy to Stop Getting Beaten at Its Own Game [H/T @chriswmayer] (LINK)

The key takeaway from Bill Gates and Warren Buffett's all-time favorite book [H/T @HurriCap] (LINK)
Related book: Business Adventures
23 Questions With François Rochon of Giverny Capital (GuruFocus) [H/T @Kevin_Holloway] (LINK)

Books of the day:

William Tecumseh Sherman: In the Service of My Country: A Life

Entertainment Industry Economics: A Guide for Financial Analysis

Travel Industry Economics: A Guide for Financial Analysis