Monday, November 26, 2018


"What the human being is best at doing is interpreting all new information so that their prior conclusions remain intact.... That is a talent everyone seems to have mastered. And how do we guard ourselves against it? Well, we don’t achieve it perfectly. I mean, Charlie and I have made big mistakes because, in effect, we have been unwilling to look afresh at something.... That happens. [But] I think that reporting on yourself, and giving the report honestly, whether you do it through an annual report or do it through some other mechanism, is very useful....[And] I would say a partner, who is not subservient, and who himself is extremely probably the best mechanism you can have." --Warren Buffett

Why Warren Buffett is big on big banks (LINK)

What to look for while reading the annual report? (LINK)


On Writing Better: Sharpening Your Tools - by Jason Zweig (Part 2 of 3) (LINK)

Battling Entropy: Making Order of the Chaos in Our Lives (LINK)

U.S. Pension Funds Turn to Riskier Real-Estate Bets ($) (LINK)

Overdoses, bedsores, broken bones: What happened when a private-equity firm sought to care for society’s most vulnerable (LINK)

James Grant reviews Paul Volcker's book, Keeping At It: The Quest for Sound Money and Good Government (LINK)

An Interview with Tyler Cowen and Paul Krugman (video) (LINK)

Where Jonathan Haidt thinks the American mind went wrong (podcast) (LINK)
Related book: The Coddling of the American Mind
Birds Rub Ants on Themselves, and No One Knows Exactly Why (LINK)

Chinese scientists are creating CRISPR babies (LINK)

A Reckless and Needless Use of Gene-Editing on Human Embryos - by Ed Yong (LINK)