Links

"A leader is best when people barely know he exists, when his work is done, his aim fulfilled, they will say: we did it ourselves." --Lao Tzu 

Warren Buffett’s Berkshire Hathaway sold a substantial amount of U.S. Bancorp stock this week (LINK)

A good post via the Berkshire Hathaway message board at The Motley Fool [H/T Linc] (LINK)

Full video of Stanley Druckenmiller at The Economic Club of New York (LINK)

Full video of David Tepper's CNBC call-in yesterday (LINK)

A Viral Market Update VIII: A Crisis Test - Value vs Growth, Active vs Passive, Small Cap vs Large! - by Aswath Damodaran (LINK)

Acceptable Flaws - by Morgan Housel (LINK)

The Tim Ferriss Show (podcast): #432: Books I’ve Loved — Kevin Kelly (LINK)

Freakonomics Radio (podcast): 418. What Will College Look Like in the Fall (and Beyond)? (LINK)

Matt Ridley: 23 of Your AMA Questions, Answered (LINK)

Lao Tzu quote

From Tao Te Ching: A New English Version:

When they think that they know the answers,
people are difficult to guide.
When they know that they don't know,
people can find their own way.