Tuesday, May 8, 2018

Links

"So many people think if they just hire somebody with the appropriate labels they can do something very difficult. That is one of the most dangerous ideas a human being can have.... You don’t have to hire out your thinking if you keep it simple." --Charlie Munger (1994 Berkshire Hathaway Annual Meeting)

"You don’t have to do — we’ve said this before — but you don’t have to do exceptional things to get exceptional results. And some people think that if you jump over a seven-foot bar that the ribbon they pin on you is going to be worth more money than if you step over a one-foot bar. And it just isn’t true in the investment world, at all.... The big thing to do is avoid being wrong." --Warren Buffett (1994 Berkshire Hathaway Annual Meeting)

7 surprising things you’ll learn on Dollar Street - By Bill Gates (LINK)

Don’t Fake It ‘Till You Make It. Do This Instead. - by Ryan Holiday (LINK)

My god. It *is* full of stars. - by Phil Plait (LINK)

The Man Who Changed the World, Twice  - by David Brooks (LINK)

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I've mentioned Carl Van Doren's biography of Benjamin Franklin before (thank you Daniel for the recommendation), and as I go through the old Berkshire Hathaway Annual Meeting videos and transcripts, this comment from Munger about the book caught my eye:
"I am rereading a book I really like, which is Van Doren’s biography of Benjamin Franklin, which came out in 1952, and I’d almost forgotten how good a book it was. And that’s available in paperback everywhere. We’ve never had anybody quite like Franklin in this country. Never again."