Why is it so Hard to Forecast the Future? - by Tren Griffin (LINK)
Data Driven Business: Customer centricity in the platform revolution - Sangeet Paul Choudary (video) (LINK)
Related book: Platform RevolutionLast Lifelines Crumble for Many Greek Families as New Conflict With Creditors Looms [H/T @rationalwalk] (LINK)
For Shale Drillers, Rising Oil Prices Also Come With Rising Costs (LINK)
John Hussman's Weekly Market Comment, especially the non-investing section "On Peace", is worth a read this week (LINK)
It’s often imagined that peace is the result of sufficiently crushing one’s opponent; of inflicting so much injury and suffering that they surrender. There’s little doubt that conflicts can be ended in this way, but only at terrific cost, and with deep scars that feed later hatreds and conflicts. Others somehow come to imagine that waging peace requires one to lay down defenseless. It’s just not so. Peace doesn’t mean that one doesn’t defend oneself, or refrain from criticism. Peace doesn’t demand the absence of strength. It asks each side to see and understand the suffering of the other, whether that suffering is rooted in reality or misperception. It asks us to refrain from needlessly provoking the adversary, or to insult them in order to boost our pride. It asks us to look to address their suffering in ways that are consistent with our own security. If peace demands anything from us, it is to refrain from being infected by hatred. Dr. King recognized that:
"Darkness cannot drive out darkness; only light can do that. Hate cannot drive out hate; only love can do that. I have decided to stick with love. Hate is too great a burden to bear."
Even in the midst of a fight, one can still remember that the goal is reconciliation.
"Why the next generation has trouble running the corporation Daddy founded" [H/T @paulg] (LINK)
Paul Graham on charisma and power (LINK)
Paul Graham on charisma and power (LINK)