Links

I Can’t See Berkshire’s Bottom Line - by Donald E. Graham ($) (LINK)

A new accounting rule makes it difficult for investors to make sense of annual reports.

Buffett’s Underrated Investment Attribute - by John Huber (LINK)

Making Sense Of Multiples: Mauboussin On EV/EBITDA (LINK)

Once an Optimist on U.S.-China Relations, Henry Paulson Delivers a Sobering Message ($) (LINK)

The former Treasury secretary warns that Chinese behavior and U.S. miscalculation could bring down an ‘economic Iron Curtain’ between the two global superpowers

On Physician Burnout and the Plight of the Modern Knowledge Worker - by Cal Newport (LINK)

Eric Schmidt chats with Tyler Cowen (podcast) (LINK)

Hard Words: Why aren't kids being taught to read? (LINK)

Scientific research has shown how children learn to read and how they should be taught. But many educators don't know the science and, in some cases, actively resist it. As a result, millions of kids are being set up to fail.

Book of the day (was released this week): Merger Masters: Tales of Arbitrage - by Kate Welling and Mario Gabelli