Sunday, July 9, 2017


Elliott explores bid to challenge Buffett's Oncor deal [H/T Linc] (LINK)

Berkshire Wastes No Time Wooing Texas to Close Oncor Deal (video plays) [H/T Linc] (LINK)

How to Create a Successful Business Model in a Dozen Easy Steps (Fake advice! Not possible.) - by Tren Griffin (LINK)

Ben Horowitz On Career Moves and Business Leadership (video) (LINK)

Chiropractors are Bullshit [H/T Barry Ritholtz] (LINK)
[I'm sure there are also plenty of chiropractors out there that give good advice, but this article did remind me of Charlie Munger's comment about chiropractors:

You've got to have models in your head. And you've got to array your experience—both vicarious and direct—on this latticework of models. You may have noticed students who just try to remember and pound back what is remembered. Well, they fail in school and in life. You've got to hang experience on a latticework of models in your head.

What are the models? Well, the first rule is that you've got to have multiple models—because if you just have one or two that you're using, the nature of human psychology is such that you'll torture reality so that it fits your models, or at least you'll think it does. You become the equivalent of a chiropractor who, of course, is the great boob in medicine.

It's like the old saying, “To the man with only a hammer, every problem looks like a nail.” And of course, that's the way the chiropractor goes about practicing medicine. But that's a perfectly disastrous way to think and a perfectly disastrous way to operate in the world.]


For Audible members, the latest $4.95 sale has some titles that stood out to me:

To Rule the Waves: How the British Navy Shaped the Modern World

Gandhi & Churchill

What Do You Care What Other People Think?

The New Tycoons: Inside the Trillion Dollar Private Equity Industry That Owns Everything

The War of Art

HBR's 10 Must Reads on Leadership

The Wisdom of Success: The Philosophy of Achievement by Andrew Carnegie & Napoleon Hill

Mistakes Were Made (But Not By Me): Why We Justify Foolish Beliefs, Bad Decisions and Hurtful Acts

Man's Search for Meaning