Thursday, January 23, 2020


"We’re more reluctant to sell [stocks we own] than most people. I mean, if we made the right decision going [in], we like to ride that a very long time. And we’ve owned some stocks for decades. But if the competitive advantage disappears, if we really lose faith in the management, if we were wrong in the original analysis — and that happens — we sell. Or if we find something more attractive." --Warren Buffett (2009)

Sit On Your Ass Investment Management (LINK)

My $2 Million Apple Mistake (LINK)

Peter Thiel calls for improving research grant, regulatory processes to enhance scientific innovation (LINK)

Today's issue of the Sinocism newsletter is out from behind the paywall....  Wuhan virus; US-China; Huawei and the UK - by Bill Bishop (LINK)

Four Trends in Consumer Tech (LINK)

Peter Attia interviews Sam Zell [on Tim Ferriss' podcast] (LINK)
Related book: Am I Being Too Subtle?: Straight Talk From a Business Rebel
Freakonomics Radio (podcast): The Opioid Tragedy, Part 2: “It’s Not a Death Sentence” (LINK)

There’s a Perfectly Good Reason to Mass-Produce Snake Venom - by Ed Yong (LINK)