Wednesday, January 2, 2019


"Inflation is the one thing that, over a long period of time, can turn investors’ results, in aggregate, into a negative figure. And it’s the investors’ enemy." --Warren Buffett  [2003, in response to a question about inflation and his article "How Inflation Swindles the Equity Investor"]

Jimmy Pattison Is Serendated Into Canada’s Walk of Fame (video) [H/T Michael ] (LINK)
Paul Anka surprises inductee Jimmy Pattison with a new rendition of “My Way” with special guest singer, Warren Buffett.
Deal-Master Debbane: Meet The Secretive Lebanese Immigrant Behind Oprah’s Weight Watchers Windfall [H/T @NeckarValue] (LINK)

Dirty dealing in the $175 billion Amazon Marketplace (LINK)

Think Electric Vehicles Are Great Now? Just Wait... [H/T @AlexRubalcava] (LINK)

High Insulin Prices Drive Diabetics to Take Extreme Measures (video) (LINK)

Mutual Fund Observer, January 2019 (LINK)

Steve Romick talks with Meb Faber (podcast) (LINK)

IQ is largely a pseudoscientific swindle - by Nassim Nicholas Taleb (LINK)

How Not To Be Stupid (LINK)

Edge #524: Childhood's End by George Dyson - The 2019 Edge New Year's Essay (LINK)
The digital revolution isn’t over but has turned into something else
This weekend, China embarks on a historic mission to land on the far side of the Moon (LINK)

Scientists Have Been Studying Cancers in a Very Strange Way for Decades - by Ed Yong (LINK)

Books.... There are some great Kindle deals currently available for those interested:

Autonomy: The Quest to Build the Driverless Car—And How It Will Reshape Our World ($2.99)

Barbarians at the Gate: The Fall of RJR Nabisco ($2.99)

Dear Chairman: Boardroom Battles and the Rise of Shareholder Activism ($2.99)

A Mind at Play: How Claude Shannon Invented the Information Age ($3.99)

Genius: The Life and Science of Richard Feynman ($1.99)

The Evolution of Everything: How New Ideas Emerge ($2.99)