Monday, March 18, 2019


"[There are] misperceptions of the salesman as somebody who’s wearing a shiny suit selling somebody something that they don’t need. And so, we have a couple of responses to that. We have a specific response to that, which is actually the role of sales is...not to sell something you don’t need — it’s essentially to help somebody buy what they actually do need.... But even deeper than that, the thing I tell the engineers is, look, dealing with customers, it’s another systems problem. You are the master of solving a systems problem, which is how to get the computer to do what you want. People aren’t computers, they’re different, but there is a system for dealing people. You can engineer a system for dealing with people. And actually, when you work with top-end sales people, what you find is they have incredibly elaborate, very real systems. Like, very, very, very thoroughly thought-through kind of abstract systems of how they basically run a large-scale sales campaign and how they deal with the customer." --Marc Andreessen  (Source)

Warren Buffett describes Haven's plan to improve health care while controlling costs (video) (LINK)

Warren Buffett Is No Fan of Modern Monetary Theory (LINK)

Investing: Theory vs. Practice - by Massimo Fuggetta (LINK)

The Hidden Risk When You Own Stocks for the Long Run - by Jason Zweig ($) (LINK)

Understanding Brookfield and Oaktree’s US$500-billion colossus (LINK)

Stock Analysis: The Most Important Things (Plus, A Case Study) - by Vishal Khandelwal (LINK)

Why our fund managers would never own up to an error like Buffett did on Kraft Heinz (LINK)
Related book: The Courage to Be Disliked
Bill Gurley - Runnin' Down a Dream: How to Succeed and Thrive in a Career You Love [9/14/2018] (video) (LINK)

Decentralized Finance - by Fred Wilson (LINK)

Fives Steps Toward Fairness in College Admissions - by Rick Bookstaber (LINK)

a16z Podcast: For the Billions of Creatives Out There (LINK)
This special, almost-crossover episode of the a16z Podcast features Billions co-showrunner Brian Koppelman — who also co-wrote movies such as Rounders and Ocean’s 13 with his longtime creative partner David Levien — in conversation with Marc Andreessen (and Sonal Chokshi).
Recode Decode Podcast: European commissioner for competition Margrethe Vestager (LINK)

Yes, It’s All Your Fault: Active vs. Passive Mindsets (LINK)

FoundMyFitness Podcast: Dr. Matthew Walker on Sleep for Enhancing Learning, Creativity, Immunity, and Glymphatic System (LINK)
Related book: Why We Sleep

"The only thing each of us lives and loses is the present." --Marcus Aurelius