Thursday, February 28, 2019


"Prices do amazing things in securities markets. And when they do something that strikes us as amazing in our direction...we will act. But we do not know today what we’re going to be doing tomorrow.... And there’s this business where somebody says, 'You should have 50 percent of your money in bonds and 35 percent in equities, and 15 —.' We don’t go through anything like that. I mean, we regard that as nonsense." --Warren Buffett (2004)

What the plow and lab-grown meat tell us about innovation - by Bill Gates (LINK)

Warren Buffett Moves the Goalposts! (LINK)

A 300-year lesson in bubble inflation - by Edward Chancellor (LINK)

Broyhill 2018 Annual Letter (LINK)

Where Joel Greenblatt sees value now (video) [H/T Linc] (LINK)

The Perils of Investing Idol Worship: The Kraft Heinz Lessons! - by Aswath Damodaran (LINK)

Status as a Service (StaaS) - by Eugene Wei (LINK)

Money Out of Nowhere: How Internet Marketplaces Unlock Economic Wealth - by Bill Gurley (LINK)

Modern Monetary Theory Isn’t Helping - by Doug Henwood [H/T @cullenroche] (LINK)

What’s the Water at the Church Lab? A Conversation Between George Church and Jorge Conde (LINK)

Conversations with Tyler (podcast): Sam Altman on Loving Community, Hating Coworking, and the Hunt for Talent (LINK)

Corner Office from Marketplace (podcast): Why no Wall Street CEO went to jail after the financial crisis [H/T Linc] (LINK)

The Tim Ferriss Show: Graham Duncan — Talent Is The Best Asset Class (LINK)

Freakonomics Radio: A Good Idea Is Not Good Enough (LINK)

Trailblazers with Walter Isaacson (podcast): Sports Analytics: What’s After Moneyball? (LINK)

The 60 Minutes segment on China's electric car industry from this past Sunday (video) (LINK)

Summary and notes from Brian Arthur's The Nature of Technology: What It Is and How It Evolves (LINK)

Nanotech Injections Give Mice Infrared Vision - by Ed Yong (LINK)

A Troubling Discovery in the Deepest Ocean Trenches - by Ed Yong (LINK)