Wednesday, June 21, 2017


"Unfortunately in this kind of work, where you are trying to determine relationships based upon past behavior, the almost invariable experience is that by the time you have had a long enough period to give you sufficient confidence in your form of measurement, just then new conditions supersede and the measurement is no longer dependable for the future." -Benjamin Graham

Jason Zweig‏ has annotated, added links, and highlighted some of his favorite passages from Benjamin Graham's 1963 lecture, “Securities in an Insecure World” (LINK)

Farnam Street: All Models Are Wrong (LINK)

Sohn Conference Hong Kong Notes 2017 (LINK)

Energy Checklist - by Eric Cinnamond (LINK)

Brexit In Reverse? - by George Soros [H/T Santangel's] (LINK)

MSCI to Add China Shares to Indexes, Opening Market to More Foreign Investors (LINK)

It’s Lonely at the Top—or It Should Be [H/T @pcordway] (LINK)

An Early 20th Century Lesson on the Difference Between Convenience and Value (LINK)

NPR's Planet Money‏ podcast: What the Falcon's Up With Qatar? [H/T @jasonzweigwsj] (LINK)

Geoffrey West: "Scale" | Talks at Google (LINK)

Simon Sinek: "The Finite and Infinite Games of Leadership" | Talks at Google (LINK)

a16z: When We Enter the Century of Biology (LINK)

Y Combinator podcast: How Should Business Schools Prepare Students for Startups?  (LINK)

Cool Tools for Travel – Tim Ferriss and Kevin Kelly (podcast) (LINK)

This Common Butterfly Has an Extraordinary Sex Life - by Ed Yong (LINK)

Book of the day [H/T @Greg_Speicher]: One Buck at a Time: An Insider's Account of How Dollar Tree Remade American Retail