Friday, February 8, 2019


"We’d love to have a business that could earn 20 percent on a hundred million now. And if we put a billion more in it, it would earn 20 percent more on that billion. But...those businesses are so rare. There are a lot of promises of those businesses, but we’ve practically never seen one. There’ve been a few. Most of the great businesses generate lots of money. They do not generate lots of opportunities to earn high returns on incremental capital." --Warren Buffett (2003)

A fantastic collection of book notes and excerpts [H/T Matt] (LINK)

Why Time Horizon Works - by Morgan Housel (LINK)

My View On: The Green New Deal - by Cullen Roche (LINK)

There's No Good Reason to Trust Blockchain Technology (LINK)

If Self-Discipline Feels Difficult, Then You’re Doing It Wrong - by Mark Manson (LINK)

Five Good Questions Podcast: Kenneth Jeffrey Marshall - Good Stocks Cheap (LINK)

Exponent Podcast: Why Exponent Isn’t On Spotify (LINK)

Evan Osnos joins Dorothy Wickenden to discuss the new Republican and Democratic rhetoric about economic inequities, as the parties look toward the 2020 elections. (podcast) (LINK)