Monday, April 9, 2018


"One way to determine which is the good business and which is the bad one is to see which one is throwing management bloopers - pleasant, no-brainer decisions - time after time after time." --Charlie Munger

First Principles: The Building Blocks of True Knowledge (LINK)

An Art Leveraging A Science - by Morgan Housel (LINK)

Come easy, go easy: The Tech Takedown! - by Aswath Damodaran (LINK)

Passive Aggressive Investing and FAANG - by Rick Bookstaber (LINK)

Why the co-dependence between big tech and passive and algorithmic investing could cause far more pain than most anticipate (LINK)

Is College Worth the Cost? - by Ben Carlson (LINK)

Adventures in Finance Podcast -- Crude Awakening: The Yuan, the Dollar, and the Battle for Global Supremacy (LINK)

The full audio of Recode and MSNBC’s interview with Apple CEO Tim Cook (Recode Decode Podcast) (LINK)

Cities are the new Galapagos - by Matt Ridley (LINK)

Academia’s Consilience Crisis [H/T @mjmauboussin] (LINK)

Book of the day: Four Seasons: The Story of a Business Philosophy
[And for those especially interested in business biographies from the hotel industry, also see: 1) Be My Guest (Hilton); 2) Half Luck and Half Brains (Holiday Inn); and 3) Without Reservations (Marriott)]