The books: 1) String Theory - by David Foster Wallace; 2) Shoe Dog - by Phil Knight (also a great audiobook narration); 3) The Gene - by Siddhartha Mukherjee; 4) The Myth of the Strong Leader - by Archie Brown; 5) The Grid - by Gretchen BakkeThe Bad Side of a Good Idea - by Morgan Housel (LINK)
The number of publicly traded U.S. companies peaked in 1996 at 7,322. Today there are just over 3,700, according to Wilshire Associates. The U.S. population has risen nearly 50% since 1975, and real GDP has tripled. But the number of public companies has declined 21%.
Understanding why this happening, how we got here, and what we can do about it is an important topic we wanted to tackle. So we put together a report.
Bill Gross' December 2016 Investment Outlook (LINK)
A chat between T. Boone Pickens and Joe Nocera (video) (LINK)
a16z Podcast: Health Data — A Feedback Loop for Humanity (LINK)
Edge #483: How Should a Society Be? - A Conversation With Brian Christian (LINK)
Michael Lewis on CNBC (Video 1, Video 2) [Lewis' comment about Amos Tversky's advice for people to get out of anything they don't want to be doing: "[Tversky] said don't worry about making up an excuse for not being there. Just get up and start walking, and it's amazing how quickly your mind will formulate the words as to why you have to leave."]
As Michael Lewis makes the rounds for his new book, Jeff Gramm linked to a couple of his older articles that may of interest: 1) Milken's Morals, and Ours - By Michael Lewis (1990); and 2) The Master of Money - By Michael Lewis (2009) [a review of The Snowball, Alice Schroeder's biography on Warren Buffett]
Also released today: Tools of Titans - by Tim Ferriss
Book of the day: My Voice Will Go with You: The Teaching Tales of Milton H. Erickson