“Instead of a discussion of risk (which is both predictive and sissy) I advocate the notion of fragility, which is not predictive—and, unli...

‪"Great investing requires both generating returns and controlling risk. And recognizing risk is an absolute prerequisite for controll...

"If something is too hard to do, we look for something that isn’t too hard to do. What could be more obvious than that?" --Charli...

"I’ve always said that the way to get a reputation for being a good businessman is to buy a good business.... It’s much easier than ta...

"The speed of information really doesn’t make any difference to us. It’s the processing and finally coming to some judgment that actua...

"If I go through my career, there's a lot of disappointments; there's a lot of things that didn't go right. But those aren...

About the most educational 45 minutes of listening (or reading) one can receive... Link to:  Peter Kaufman on The Multidisciplinary App...

"I'm curious. I want to know how things work. And even more importantly, I want to know what's going to happen. And what's...

"You don't necessarily get it right the first time.... Henry Ford, as you may know, failed twice before he started the Ford Motor ...

Michael Mauboussin on the Future of Active Management ( LINK ) Polleit & Riechert Investment Management's H2 2017 Letter ( LINK ) ...

“Whenever one thing becomes a commodity, humans make something else valuable.” - Tim O'Reilly ( Source ) Bill Gates discussing his e...

Bill Gates' new favorite book of all time is Steven Pinker’s  Enlightenment Now , which will be released to the public next month ( LINK...

“If you live according to nature, you will never be poor; if you live according to opinion, you will never be rich.” - Epicurus (via Seneca...

Power Laws: How Nonlinear Relationships Amplify Results ( LINK ) Can Fund Manager Bill Miller Use Earthquakes to Predict the Market? - by ...

The Lessons of Leonardo: How to Be a Creative Genius - by Walter Isaacson ( LINK ) Related book: Leonardo da Vinci Warren Buffett’s “2 L...

Farnam Street: Why You Shouldn’t Slog Through Books ( LINK ) Latticework of Mental Models: Fundamental Attribution Error ( LINK ) A Half...

The Audible Daily Deal for today ($3.95) is the latest from Lawrence Krauss: The Greatest Story Ever Told--So Far: Why Are We Here? Recipr...

Nassim Nicholas Taleb on Work, Slavery, the Minority Rule, and Skin in the Game (EconTalk podcast) ( LINK ) The Uber Dilemma - by Ben Thom...

“It is just as important to have studied men, as to have studied books.” — Baltasar Gracian ( Source ) How Filter Bubbles Distort Reality...

Phil Ordway's talk on human misjudgment ( LINK ) Here is a copy of a talk I gave at John Mihaljevic's excellent conference in Zuri...