Saturday, May 25, 2019


"Any asset class that has a big move, that’s based initially on fundamentals, is going to attract speculative participation at some point, and that speculative participation can become dominant as time goes by.... How far it goes, you never know. Some things go on to just unbelievable heights." --Warren Buffett (2006

Li Lu: Discussions about Modernization – Part Two: A Look at the Future of Sino-US Relations (December 2018) [H/T Linc] (LINK) [Part 1 was HERE.]

Mohnish Pabrai speaks at Trinity College Dublin - February 21, 2019 (video) (LINK)

Salesforce’s Success Rides on One Man’s Gut (LINK)

‘They Were Conned’: How Reckless Loans Devastated a Generation of Taxi Drivers (LINK)

Exponent Podcast: An Intra-west Debate (LINK)

The Wright Show: A Brief History of Doom (Robert Wright & Richard Vague) (LINK)
Related book: A Brief History of Doom: Two Hundred Years of Financial Crises
How China Sees Trump and the Rapidly Escalating Trade War (podcast) (LINK)
Evan Osnos joins Dorothy Wickenden to discuss the forces driving the first real economic and political test between the two superpowers of the twenty-first century. 
Five Good Questions: Barbara Tversky – Mind in Motion (LINK)

Beyond the Hype of Lab-Grown Diamonds [H/T Abnormal Returns] (LINK)