The Digest #227
Final Issue: Bitcoin at $100K, Buffett and Munger Unscripted, Blue Chip Stamps, Flawed CPI Statistics, Ergodicity, The End of Shame, Notre Dame, Online Censorship, Healthcare Costs ...
The Digest #126
Tom Murphy Interview From 2000, Apple's Ad Opportunity, Ruined by Crypto, Interviews of Nick Howley and Nassim Taleb ...
The Digest #100
Berkshire, Activision, Tom Murphy, Empty offices, Short sellers, Stolen Bitcoin ...
The Digest #99
Trading Bans, Used Car Insanity, Focused Attention, Digital Advertising, UPS, Peloton ...
The Anchoring Effect
Anchoring is a common mental heuristic, or short cut, that can be useful in many contexts but often proves very damaging when it comes to financial decisions ...
The Digest #86
The Fed's Epistemic Arrogance, A World Without Yield, 10-K Diver on Dividends ...
The Digest #83
Highway Removal, Food Delivery, Inflation, Home Prices, Reinforced Concrete, I Bonds ...
The Digest #74
Dalio on Bitcoin, NFTs, Capital Allocation, Sovereign Writers, FDR Bans Gold ...
The Digest #69
Daily Journal Annual Meeting, Semper Augustus on Berkshire, Civilized Bitcoin Debate ...
The Digest #50
Bruce Greenwald, Twitter, Bitcoin, High Quality Sleep ...
Blockchain Revolution
The idea of cutting out the middleman has always been an attractive concept because doing so promises to lower costs and produce potential benefits for both sides of a commercial transaction. However, the role of intermediaries in the economy has ...