"There is no doubt that in exchanging a self-centered for a selfless life we gain enormously in self-esteem. The vanity of the selfless, even those who practice humility, is boundless." --Eric Hoffer,
TED Talk -- Yuval Noah Harari: Why fascism is so tempting — and how your data could power it (LINK)
“If I Were Wrong, What Would It Look Like?” - by Morgan Housel (LINK)
Jack Bogle’s Battle (LINK)
Business Lessons about Growth from Andrew Chen (Andreessen Horowitz) - by Tren Griffin (LINK)
Bitcoin’s energy use got studied, and you libertarian nerds look even worse than usual [H/T @AlexRubalcava] (LINK)
Making Sense of Mortgages: The Problem, and the Opportunity (LINK)
John Doerr on Recode Decode (podcast and transcript) (LINK)
Related book: Measure What Matters
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"Ideally, we like to invest in growing companies with a sustainable competitive advantage and attractive economics in combination with a management team that will intelligently redeploy or redistribute excess capital. In a world where it is difficult to find good ideas, our style is to diligently and patiently search the world for fat pitches, and then swing on the rare opportunity when we think the odds are in our favor. When times are good, we hope to invest in ideas that can double over three years. Given that we are not favorably disposed to ‘cheating’ on either valuation or quality, when ideas are harder to come by, as they are now, we are more likely to have higher than average cash levels. " --Peter Kinney and Mark Landecker, Acacia Capital (April 2007)