Wednesday, August 23, 2017


"Anybody who thinks he knows what's going to happen in the investment world is deceiving himself. But anybody who thinks he knows when it's going to happen is really off base, in my opinion. I sometimes talk about what should happen, but I never talk about when it will happen." -Howard Marks

Howard Marks on ET NOW (video) [H/T ValueWalk] (LINK)

How to Teach Engineering to a 5-Year-Old - By Bill Gates (LINK)

Disney’s Choice - by Ben Thompson (LINK)
...while the term [disruptive] is overused, the formulation is actually quite simple: a new entrant leverages a technical innovation to serve customers with a business model incumbents cannot compete with, and over time moves up the value chain until those incumbents end up with a worse product that is more expensive to boot.
Winner-takes all effects in autonomous cars - by Benedict Evans (LINK)

Mutual Funds Mark Down Uber Investments by Up to 15% (LINK)

Bottom-Up Economics - by Eric Cinnamond (LINK)

Amazon vs Maersk: The clash of titans shaking the container industry [H/T Market Folly] (LINK)

Why the Best Products Lose All the Time, According to Tony Robbins (video) (LINK)

Want to Work From Home? Tim Ferriss on the Best Way to Start (video) (LINK)

Bill Nye: "Everything All At Once" | Talks at Google (LINK)
Related book: Everything All at Once: How to Unleash Your Inner Nerd, Tap into Radical Curiosity and Solve Any Problem
Book of the day (an investing classic just re-released): Fortunes in Special Situations in the Stock Market - by Maurece Schiller