Wednesday, January 1, 2020


"The first step toward antifragility consists in first decreasing downside, rather than increasing upside; that is, by lowering exposure to negative Black Swans and letting natural antifragility work by itself." --Nassim Taleb 

Tiffany's invited Warren Buffett to bid for the company. He turned it down. (LINK)
After Tiffany's received a takeover bid from LVMH, the jewelry giant invited Buffett to make a counteroffer but he declined, the Financial Times reported.
51 Ideas from 2019 - by Vishal Khandelwal (LINK)
I thought I’d share a handful of ideas I’ve learned, re-learned, and wrote about in the past twelve months. Here are 51 of them categorized under the subjects of investing, learning, and life. I hope you find these useful, as much as I did.
What Should You do When the Stock Market Goes Bonkers? (LINK)

It’s 2020 and you’re in the future - by Tim Urban (LINK)

History’s Largest Mining Operation Is About to Begin (LINK)
It’s underwater—and the consequences are unimaginable.
The Survival Advantage of Being a Fancy Baby Coot - by Ed Yong (LINK)

Book of the day [H/T @mjmauboussin]: Artificial Intelligence: A Guide for Thinking Humans