Tuesday, May 8, 2018


"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)


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."