"The history that Charlie and I have had of persuading decent, intelligent people, who we thought were doing unintelligent things, to change their course of action has been poor.... So I would say that if you really think you’re in with people that have got a good business, but they’re going to keep doing dumb things with your money, you’ll probably do better to get out and get in with people who’ve got a good business and you think they’re going to do sensible things with it. I mean, you’ve got that option. Now, you also have the option of trying to persuade them to change their mind. But it’s just very, very difficult." --Warren Buffett
The Lifecycle of Greed and Fear - by Morgan Housel (LINK)
Of China and Oil - by Peter Zeihan (LINK)
Related book: The Absent Superpower: The Shale Revolution and a World Without AmericaWalt Disney had a vision for tomorrow—and the means to sell it (LINK)
Anne Wojcicki: "Co-Founder and CEO of 23andMe" | Talks at Google (LINK)
Failing Upwards: Science Learns by Making Mistakes. | Phil Plait | TEDxBoulder (video) (LINK) [He also wrote a follow-up blog post on his talk, with a transcript, HERE.]
"You have to let go of ideas that don’t pan out or else you’ll never see the bigger picture. And if you let it go you’ve learned from it, and won’t make that same mistake again." --Phil Plait